Central River Heights, Winnipeg
Property score
76.6
Good
Overall 76.6 · Larger than most nearby homes
1,610 sqft (top 20%) · 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: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Living Area
Above average
20% larger 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
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76.6 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
521 Cordova Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 495 m), 1 education (nearest 237 m), 1 parks (nearest 125 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 | Bottom 27% | Bottom 33% | Top 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 35% | Top 41% |
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 on Cordova Street in Central River Heights offers a blend of established neighbourhood character and practical updates. Built in 1952, it sits on a lot that is slightly below average in size for the immediate street but provides a generous and above-average amount of living space (1,610 sqft) for the broader neighbourhood and city. A key feature is the renovated basement, adding functional square footage, and the property includes a detached garage. Its assessed value positions it above average for both Central River Heights and Winnipeg overall.
The appeal lies in its move-in ready potential with the basement work already done, coupled with the enduring charm of a mature River Heights street. It suits a buyer looking for a home with character that doesn’t require major immediate renovations, and who values the convenience, tree-lined streets, and community amenities of this central location. A thoughtful perspective is that while the lot size is modest for the street, it translates to less yard maintenance without sacrificing the feel of the area. The home’s above-average living space relative to its peers suggests an efficient and comfortable layout.
Frequently Asked Questions
Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its permitted use with the city.
How does the lot size impact the property?
At 4,588 sqft, the lot is below the average for Cordova Street but is still a good size. This often means a more manageable yard while maintaining the neighbourhood's spacious setting.
What is the significance of the sold prices from 2017 and 2019?
The sale in 2017 ($370k) is likely the last full market transaction. The significantly lower price in 2019 ($36.80k) is almost certainly not an arms-length market sale (e.g., a transfer between family members) and should not be used to gauge current market value.
How does the year built (1952) affect the home?
Built in 1952, the home is older than most on its street but average for the wider area. This typically means classic construction and character, but buyers should pay close attention to the condition of major aging components like the roof, windows, and plumbing during an inspection.
What does the assessed value tell us?
The assessed value ($47.20k) is for municipal tax purposes only and is not an indicator of market value. Its "above average" ranking simply shows its tax assessment is higher than many peers, not that its selling price will be.
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