Central River Heights, Winnipeg
Property score
80.0
Excellent
Overall 80.0 · Larger than most nearby homes
1,858 sqft (top 11%) · Built in 1952 (1 yr older than avg)
Located in a high-income area with median household income of ~111k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Above average
38% 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
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
80.0 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: #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
525 Cordova Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 250 m), 1 parks (nearest 119 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 35% | Bottom 43% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 525 Cordova Street, Central River Heights
Key Characteristics & Appeal
This well-situated two-storey home in Central River Heights presents a compelling blend of space, location, and established character. Built in 1952, it sits on a generously sized lot of over 5,700 sq ft, which is notably larger than most in the immediate area. The home itself offers a spacious 1,858 sq ft of living area, placing it comfortably above average for both the neighbourhood and the city. Key features include an attached garage and a renovated basement, adding modern functionality.
The primary appeal lies in its strong positional metrics within a desirable, mature neighbourhood. The data suggests a property that outperforms many of its peers in terms of lot size, living space, and assessed value for the area. It suits buyers looking for a solid, spacious family home in a central location without the footprint of a brand-new build. It would particularly resonate with those who value a larger outdoor space for gardening or recreation, and who appreciate a home with a proven history and established community roots. The 2017 sale price indicates it may offer relative value compared to its assessed standing.
Frequently Asked Questions
1. How does the lot size compare practically?
At 5,732 sq ft, the lot is significantly larger than the Central River Heights average. This translates to more private yard space, potential for additions like a deck or shed, and greater distance from neighbouring homes than is typical for the area.
2. What does "above average" assessed value mean for taxes and market price?
A higher assessed value relative to peers generally indicates the municipality views the property as more valuable, which can influence property taxes. However, the last sold price in 2017 was below the current neighbourhood average sale price, suggesting potential room for market growth or a value opportunity.
3. The home is older; what should I consider?
Built in 1952, it is newer than many on its street but will still have the characteristics of a mid-century home. The renovated basement is a positive update. A thorough inspection is recommended to understand the condition of major aging components like the roof, plumbing, and electrical systems.
4. Is the living space configured efficiently?
With 1,858 sq ft, the home is spacious. Buyers should view the layout in person to see if the space meets their needs, as older two-storey designs can differ from modern open-concept plans. The renovated basement likely adds valuable flexible space.
5. How stable is the immediate area?
The consistent assessed values of the neighbouring properties on Cordova Street suggest a stable, established streetscape without dramatic fluctuations, which can be a sign of a settled and desirable block.
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.
