656 Cordova Street

Central River Heights, Winnipeg

73.8

Good

Overall 73.8

Newer than most nearby homes

1,347 sqft (top 39%)

Built in 1954 (1 yr newer than avg)

Located in a high-income area

with median household income of ~124k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 2 schools, 1 park, and 1 place of worship nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 85%Chinese · 1%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

73.8 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,347 sqft71Good
Year Built195436Low
Lot Size5,240 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

92.7Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111051

Community deep dive

$124K

Median household income

$151K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

27%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)477
Labour force participation rate76%
Median age44.4
Avg household size2.5
Unemployment rate5%
Population density3407 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households27%
Couple families with children32%
Median household income (2020)$124K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority9%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,347 sqft
0255075100
Same streetBottom 38%Same areaTop 39%CitywideTop 39%
Same street · Cordova Street
#167 / 268
Bottom 38% · Avg 1,517 sqft
Same area · Central River Heights
#491 / 1,244
Top 39% · Avg 1,346 sqft
Citywide · Winnipeg
#75,240 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 40%Same areaTop 28%CitywideTop 24%
Same street · Cordova Street
#108 / 268
Top 40% · Avg 492.7k
Same area · Central River Heights
#351 / 1,244
Top 28% · Avg 443.3k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 7%Same areaTop 16%CitywideBottom 33%

Lot Size

above average
5,240 sqft
0255075100
Same streetTop 12%Same areaBottom 39%CitywideTop 49%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

656 Cordova Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 312 m), 2 education (nearest 383 m), 1 parks (nearest 171 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks1
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 656 Cordova Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 3/2021CA$400k–450k
Sold price

Same street

Bottom 41%

Same area

Top 43%

City-wide

Top 30%

Related homes

Highlights & common questions: 656 Cordova Street, Winnipeg

Property Overview

This well-situated one-storey home in Central River Heights offers a blend of established neighbourhood charm and practical updates. Its key appeal lies in a generous, above-average lot size for the immediate street, providing valuable outdoor space in a mature area. The home itself is of a comfortable size, with a renovated basement adding functional living area. A detached garage and the quiet, tree-lined setting of Cordova Street round out the classic appeal.

The property is particularly well-suited to first-time buyers or downsizers looking for a manageable, single-level layout in a central, sought-after neighbourhood without the premium of a newer build. Its strong assessed value relative to the city suggests a solid investment in a stable area. A thoughtful perspective is that while the home was built in 1954, its age ranks as "newer" compared to many neighbours, indicating it sits in a pocket of slightly more modern construction for the area, which can be appealing.


Key Details & FAQs

Key Characteristics:

  • Type & Layout: One-storey home with a renovated basement and a detached garage.
  • Lot: A 5,240 sqft lot, which is notably larger than many on the same street.
  • Space: 1,347 sqft of living area, offering comfortable room for a smaller household.
  • Neighbourhood: Central River Heights, known for its central location, mature greenery, and community feel.
  • Context: The home's assessed value is strong compared to both the neighbourhood and Winnipeg overall, and it sits on a larger-than-average lot for its specific street.

Who It's For:
This home will most appeal to those seeking a grounded, long-term property in a prime location. It's ideal for a first-time buyer ready to put down roots in a classic neighbourhood, or for empty-nesters looking to downsize into a single-level home without sacrificing yard space or location. It suits a buyer who values character and space over a brand-new build.


Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The 5,240 sqft lot is a standout feature, placing it in the top 12% for size on Cordova Street itself. It offers more outdoor space than most direct neighbours.

2. Is the home older, and what does that mean for maintenance?
Built in 1954, the home is actually newer than many on its street and in Central River Heights. While this suggests potentially updated infrastructure compared to much older homes, a standard inspection is always recommended to understand the condition of major systems.

3. How does the assessed value relate to the last sale price?
The current assessed value is $47,500, which is higher than the last recorded sale price of $41,800 in March 2021. This indicates the municipality's estimate of its value has increased, which is typical for a stable neighbourhood over a few years.

4. What is the living space like for a one-storey home?
With 1,347 sqft on the main floor plus a renovated basement, the home provides a practical amount of space. The living area is very close to the city-wide average for homes, making it a comfortable size for many.

5. Are there any obvious drawbacks from the data?
The home does not have a pool, and the detached garage means you'll go outside to access your vehicle. The living area is slightly smaller than the average for similar homes on its specific street, though it is on par with the broader city average.

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