69.2
Good
Property score
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 94.0
1-min walk to transit with 4 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
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)
426
580k
$326/sqft
1953
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69.2 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
721 Cordova Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 261 m), 1 education (nearest 173 m), 2 parks (nearest 366 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 21% | Bottom 26% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 721 Cordova Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central River Heights is a practical and well-situated property. Built in 1953, it is notably newer than many homes on its street and in the immediate area, which can be appealing for those wary of the maintenance needs of much older houses. The lot size is modest for the neighbourhood, but the home itself offers a renovated basement and a functional layout with just over 1,100 sqft of living space. A detached garage provides additional storage or parking.
Its primary appeal lies in its location within the sought-after River Heights area, offering access to amenities, schools, and parks. The home presents as a manageable entry point into the neighbourhood. It would suit first-time buyers or downsizers looking for a lower-maintenance property in a central location without the scale of a larger lot. The renovated basement adds flexible living space, making it a practical choice for small families or those who work from home. A thoughtful perspective: while the living area is compact, its newer construction date (for the area) may mean fewer immediate major system updates compared to neighbouring homes, offering a balance of character and practicality.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The home’s living space is slightly below average for Cordova Street but is very close to the typical size for both Central River Heights and Winnipeg overall. The land parcel is smaller than most in this specific neighbourhood.
2. What does the assessed value indicate?
The assessed value is around the average for the street, area, and city. It’s important to note that assessed value for tax purposes is different from market value; recent sale prices on the street provide a more current market benchmark.
3. What are the implications of the 1953 build year?
In this context, a 1953 build is considered newer. It ranks in the top 9% on its street and top 27% in Central River Heights for year built, suggesting it may have more modern construction fundamentals than many surrounding properties.
4. Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify if it is a legal suite with a separate entrance. This would be a key point to clarify for potential rental income or in-law arrangements.
5. What is the neighbourhood vibe on this part of Cordova Street?
The home is on a mature street with properties of varying ages and sizes. Its above-average build year for the street suggests a mix of older character homes and some mid-century updates, offering a settled, established feel.
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