67.0
Good
Property score
67.0
Good
Overall 67.0
Smaller than most nearby homes
1,029 sqft (bottom 19%)
Built in 1952 (1 yr older than avg)
Located in a high-income area
with median household income of ~134k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 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
67.0 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: #46111046
$134K
Median household income
$170K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
19%
Single-person households
36%
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
508 Cordova Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 175 m), 1 parks (nearest 117 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%
Local garbage, recycling, and yard waste pickup schedule for 508 Cordova Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 12% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on a generous 5,343 sqft lot in Central River Heights presents a specific and compelling opportunity. Built in 1952, its primary appeal lies in its location and land. The house itself is modest in size at 1,029 sqft and features an unrenovated basement and a detached garage. The data suggests its value is heavily tied to its desirable lot, as the property's assessed value is below average for the street and neighbourhood, but its last sale price in 2019 was competitive citywide.
This property would suit a buyer looking for a foothold in a well-regarded area, willing to live with the existing home's condition while planning for future expansion or redevelopment. It's also a potential match for downsizers seeking a manageable single-level layout on a private lot, or for investors attracted by the lot value and the area's enduring rental demand.
Key Questions & Considerations
1. What does "below average" living area really mean for daily life?
At just over 1,000 sqft, the living space is compact. This emphasizes efficient use of space and likely means fewer or smaller bedrooms. It’s workable for individuals, couples, or small families who prioritize the large outdoor space over a large interior.
2. The assessed value seems low. What does that indicate?
The below-average assessment for the area primarily reflects the home's modest size and condition relative to its neighbours. It shouldn't be confused with market value, but it can signal an opportunity for a buyer to add significant value through updates or expansion, potentially improving future assessment.
3. How significant is the lot size?
The lot is in the top 9% on the street, which is a major asset. It offers ample space for gardening, recreation, parking, or a future addition. In established neighbourhoods like this, such large lots are rare and often command a premium.
4. What are the implications of an unrenovated basement?
This means the basement is in original, likely functional condition but not modernized. It offers utility and storage space but will require investment for finishing. It also presents a clear, blank-slate opportunity for a future owner to customize.
5. The home last sold in 2019. How should I view that price today?
The 2019 sale price provides a historical benchmark, but market conditions have shifted. It's most useful for understanding the property's price trajectory rather than determining its current value. A current market evaluation is essential.
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.
