59.2
Fair
Property score
59.2
Fair
Overall 59.2
Smaller than most nearby homes
832 sqft (bottom 2%)
Built in 1952 (1 yr older than avg)
Located in a high-income area
with median household income of ~124k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 1 school, 2 parks, 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
38% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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59.2 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: #46111051
$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
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
692 Cordova Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 232 m), 1 education (nearest 253 m), 2 parks (nearest 297 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 692 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 4% | Bottom 7% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1952 one-storey home at 692 Cordova Street in Winnipeg's Central River Heights neighbourhood presents a specific and compelling opportunity. Its primary appeal lies in the combination of a desirable, established location and a modest, unrenovated structure on a standard city lot. The home is notably smaller (832 sq ft) and has a lower assessed value than most in its immediate area, suggesting its value is heavily weighted toward the land itself. It features a detached garage and a basement that is present but not renovated.
This property would suit a specific type of buyer: those looking for an entry point into a sought-after neighbourhood who are prepared for a significant renovation or rebuild project. It’s also a potential candidate for investors or builders seeking a lot with an existing, removable structure. The appeal is less about the current house and more about the potential it unlocks in a prime location.
Key Considerations & FAQs
1. Is this a teardown candidate?
Given the home's smaller size, age, and the fact it's unrenovated, many buyers will consider it a prime candidate for a full renovation or complete rebuild. This allows for creating a modern, customized home in a fantastic neighbourhood.
2. How does the lot size compare?
At 4,716 sq ft, the lot is below average for Central River Heights but is a standard city size. It provides ample outdoor space for a garden, play area, or addition, but isn't an unusually large or subdividable parcel for the area.
3. What does the "below average" assessed value mean?
The low assessed value primarily reflects the modest and unupdated condition of the current structure, not the land's value. For a buyer, this can mean relatively lower property taxes while the existing home stands, but any significant improvement will trigger a reassessment.
4. What is the neighbourhood like?
Central River Heights is a mature, established, and highly walkable neighbourhood known for its character, tree-lined streets, and proximity to amenities, parks, and the river. This location offers a lifestyle appeal that the current house does not fully reflect.
5. Why was the previous sale price so much higher than the assessed value?
The home sold for $290,000 in 2019, which is substantially above its current assessed value. This highlights a key point: the market price in such neighbourhoods is driven by land value and location premium, often far exceeding the municipal assessment of the existing structure. It also indicates the property's value has held in the market.
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