69.8
Good
Property score
69.8
Good
Overall 69.8
Smaller but newer than most nearby homes
1,103 sqft (bottom 28%)
Built in 1953
Located in a high-income area
with median household income of ~124k
Transit 88.0
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
18% 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)
426
580k
$326/sqft
1953
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69.8 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: #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
701 Cordova Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 275 m), 1 education (nearest 244 m), 2 parks (nearest 324 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 28% | Bottom 34% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 701 Cordova Street, Central River Heights
Key Characteristics & Appeal
This is a well-situated, single-storey home in the sought-after Central River Heights neighbourhood. Built in 1953, its construction date is notably newer than many homes on its street and in the immediate area, which can be appealing for maintenance and systems. The property sits on a generous, approximately 5,200 sqft lot that is above average for the city, offering valuable outdoor space. While the living area (1,103 sqft) is modest compared to some neighbours, it features a renovated basement, adding functional space. A detached garage provides additional storage or parking.
The primary appeal lies in its location and land value within a mature, established community. It suits first-time buyers or downsizers seeking a manageable single-level layout in a prime neighbourhood, where the value is anchored by the lot. It’s also a candidate for those with a longer-term vision, as the solid lot and newer-than-average build date for the street provide a good foundation for future updates. The 2020 sale price suggests it was previously a competitive listing in the market.
Frequently Asked Questions
1. How does the home’s size compare to the area?
The living space is compact relative to some neighbouring homes on Cordova Street, but is close to the citywide average for homes. The renovated basement effectively expands the usable square footage.
2. Is the assessed value a good indicator of the likely sale price?
No, the municipal assessed value for tax purposes ($42.80k) is not a market valuation. The home last sold for $370,000 in 2020, which is a more relevant historical benchmark, though current market conditions will determine today’s price.
3. What does the "newer" 1953 build year mean practically?
For this street and neighbourhood, a 1953 build is above average. This can imply potentially fewer issues with very old plumbing, electrical, or foundations common in pre-war homes, though a full inspection is still essential.
4. Who might this property not suit?
Buyers needing significant main-floor living space or multiple bedrooms on one level may find the layout limiting. It may also not fit those seeking a modern, turn-key home without any projects, as the interior appears dated relative to the newer build year.
5. What is the potential here beyond the house itself?
The lot size is a key asset. It offers ample room for gardening, expansion, or outdoor living—a premium in a central neighbourhood. The detached garage also adds flexibility not always found in older areas.
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