70.8
Good
Property score
70.8
Good
Overall 70.8
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 ~134k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% 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
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70.8 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: #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
524 Cordova Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 487 m), 1 education (nearest 227 m), 1 parks (nearest 75 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 524 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 | Top 39% | Top 24% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 524 Cordova Street, Central River Heights
Key Characteristics & Appeal
This two-storey home, built in 1952, presents a practical opportunity in the sought-after Central River Heights neighborhood. Its key appeal lies in a balance of established location and modernized function. The home sits on a standard city lot and offers 1,262 sqft of living space, which is typical for the area and city overall. A significant feature is the renovated basement, adding valuable finished space. The detached garage provides flexible storage or parking.
The home’s strongest suit is its financial positioning. It boasts an assessed value that is above average for its street, neighborhood, and the entire city, suggesting a solid investment in a desirable locale. While the land and living areas are not oversized, the property’s value is driven by its location and condition rather than sheer size. It last sold in August 2020 for $46,800.
This property would suit a first-time buyer or a downsizer seeking a manageable home in a mature, central neighborhood without a massive yard to maintain. It’s also a sensible fit for an investor or practical buyer who values a move-in-ready basement and the long-term stability of River Heights over having the newest or largest house on the block.
Frequently Asked Questions
1. Is the lot size a drawback?
While the land area is below average for Cordova Street specifically, it is a standard city lot. This translates to less exterior maintenance, which can be a positive for many buyers, and is typical for the wider Central River Heights area.
2. What does "above average assessed value" really mean?
It indicates that the city’s tax assessment for this home is higher than most comparable properties nearby and citywide. This generally reflects the desirability of its specific location and the updated condition of the home, particularly the renovated basement.
3. How updated is the home given its age?
We know the basement has been renovated. Prospective buyers should inquire about the age and condition of other major systems (roof, wiring, plumbing, windows) and the main living areas to understand any immediate or future updates required.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer into the house. However, it means crossing outdoors to access your vehicle, which is a consideration during Winnipeg winters.
5. How does the 2020 sale price relate to today’s value?
The 2020 sale price of $46,800 is a historical data point. The current assessed value of $50,200 is a separate figure used for property tax calculation. Market value is determined by current conditions, recent comparable sales, and buyer demand, and should be established by a professional appraisal or market analysis.
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