697 Cordova Street

Central River Heights, Winnipeg

69.2

Good

Overall 69.2

Newer than most nearby homes

1,144 sqft (bottom 35%)

Built in 1953

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

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

0 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

69.2 is composed by the two sections below.

Property Score

53.6Fair
Living Area1,144 sqft60Fair
Year Built195336Low
Lot Size4,710 sqft60Fair
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
1,144 sqft
0255075100
Same streetBottom 22%Same areaBottom 35%CitywideBottom 44%
Same street · Cordova Street
#210 / 268
Bottom 22% · Avg 1,517 sqft
Same area · Central River Heights
#805 / 1,244
Bottom 35% · Avg 1,346 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetTop 41%Same areaTop 29%CitywideTop 24%
Same street · Cordova Street
#111 / 268
Top 41% · Avg 492.7k
Same area · Central River Heights
#356 / 1,244
Top 29% · Avg 443.3k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 9%Same areaTop 27%CitywideBottom 31%

Lot Size

around average
4,710 sqft
0255075100
Same streetBottom 24%Same areaBottom 7%CitywideBottom 38%

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

697 Cordova Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 280 m), 1 education (nearest 258 m), 2 parks (nearest 310 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
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 697 Cordova Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 9/2023CA$500k–550k
Sold price

Same street

Top 32%

Same area

Top 17%

City-wide

Top 16%

Related homes

Highlights & common questions: 697 Cordova Street, Winnipeg

Property Overview: 697 Cordova Street, Central River Heights

Key Characteristics & Appeal

This two-storey home, built in 1953, presents a solid opportunity in the sought-after Central River Heights neighborhood. Its key features include a renovated basement and a detached garage. The property’s primary appeal lies in its location and lot. While the 1,144 sqft living area is modest, the 4,710 sqft land parcel offers valuable outdoor space in a mature, established area. The home last sold for $500,000 in September 2023, a price point that was above average for Winnipeg overall, indicating strong demand for the neighborhood.

The data reveals some thoughtful nuances. The house is notably newer than many on its street (ranking in the top 9% by year built), suggesting potentially fewer immediate concerns than with older area homes. However, its living space is more compact compared to immediate neighbors, positioning it well for buyers who prioritize yard size over interior square footage. It would suit first-time buyers or downsizers seeking a lower-maintenance property in a prime location, or investors attracted by the stable, high-demand River Heights market. The renovated basement adds functional living space, appealing to those needing a home office or flexible family area.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
The land area of 4,710 sqft is below the average for Cordova Street itself but is still a generous, usable lot for the Central River Heights neighborhood, offering more space than many city-wide properties.

2. Is the assessed value a good indicator of the market price?
No, the municipal assessed value ($47,40k) is for taxation purposes and is significantly lower than the market value, as demonstrated by the recent $500,000 sale price. Market value is driven by location, condition, and buyer demand.

3. What does the "above average" sale price ranking mean?
The sale price ranked above average for both Winnipeg and the Central River Heights neighborhood, confirming the premium buyers place on this location. It performed very well against city-wide and local benchmarks.

4. The living area seems smaller. Is the layout efficient?
At 1,144 sqft, the living area is indeed more compact than some neighboring homes. The presence of a renovated basement is crucial, as it effectively expands the usable living space, making the overall footprint more functional.

5. What are the implications of the home being "newer" for the street?
Built in 1953, this home is newer than most on its block. This can be an advantage, potentially meaning updates to core systems (like wiring or plumbing) may have already been addressed in the past, compared to much older area homes.

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