Central River Heights, Winnipeg
Property score
69.8
Good
Overall 69.8 · Compared with neighbourhood average
1,262 sqft (top 50%) · Built in 1952 (1 yr older than avg)
Located in a high-income area with median household income of ~111k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 1 park nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
69.8 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111050
$111K
Median household income
$120K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
24%
Single-person households
27%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
501 Cordova Street — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 457 m), 1 education (nearest 173 m), 1 shopping (nearest 476 m).
Central River Heights · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Other
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 32% | Top 17% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 30% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 501 Cordova Street in Central River Heights is a well-situated character property with a renovated basement. Built in 1952, it sits on a modestly sized lot for the immediate area but benefits from being newer than many neighbouring homes. The living space is practical and in line with city-wide averages. Its appeal lies in its established, desirable neighbourhood, the value-add of a finished basement, and the potential of a detached garage. It last sold in March 2022 for $500,000, a price that was above average for Winnipeg but competitive for the street and neighbourhood at that time.
This home would suit a buyer looking for a move-in-ready property in a prime central neighbourhood without the footprint or maintenance of a larger estate. It’s ideal for small families, couples, or professionals who value location over expansive lot size and want the character of an older home with some updated elements.
Key Details & FAQs
Frequently Asked Questions
1. How does the lot size compare to others?
The land area is below average for Cordova Street and Central River Heights, but is a fairly typical size when compared to the entire city. This means less yard maintenance but also less private outdoor space than some direct neighbours.
2. Is the home older or newer than others nearby?
Built in 1952, it is notably newer than the average home on its street, which can be an advantage regarding the age of certain building materials and systems.
3. What does the sale history indicate?
The 2022 sale price of $500,000 was considered above average for Winnipeg and competitive for the local area. The previous sale in 2017 was at $360,000, showing significant appreciation in that period.
4. Who might this property not suit?
Buyers seeking a very large yard, extensive square footage, or a brand-new build may find the lot and living area compact. It’s best for those who prioritize neighbourhood and location.
5. What is a less obvious consideration?
The home’s assessed value is consistently around the average for its immediate area, suggesting it is not an outlier in terms of municipal valuation, which can sometimes signal unusual characteristics. The presence of a detached garage is a valuable asset in a mature neighbourhood where many homes only have carports or street parking.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
