181 Cordova Street

North River Heights, Winnipeg

Property score

74.4

Good

Overall 74.4 · Older than most nearby homes

1,565 sqft (top 42%) · Built in 1925 (12 yrs older 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: 3 dining spots, 1 school, 1 fuel station, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 2%

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

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

74.4 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,565 sqft79Good
Year Built192520Low
Lot Size5,153 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

91.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

North River Heights

How to read: Share of sales in each ~$50k price band for “north 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: #46110380

Community deep dive

$124K

Median household income

$158K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

21%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate70%
Median age42.8
Avg household size2.5
Unemployment rate0%
Population density3113 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households21%
Couple families with children32%
Median household income (2020)$124K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority10%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,565 sqft
0255075100
Same streetTop 41%Same areaTop 42%CitywideTop 27%
Same street · Cordova Street
#109 / 268
Top 41% · Avg 1,517 sqft
Same area · North River Heights
#905 / 2,168
Top 42% · Avg 1,540 sqft
Citywide · Winnipeg
#52,748 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
429k
0255075100
Same streetBottom 37%Same areaBottom 41%CitywideTop 32%
Same street · Cordova Street
#169 / 268
Bottom 37% · Avg 492.7k
Same area · North River Heights
#1,285 / 2,168
Bottom 41% · Avg 479.3k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

below average
1925
0255075100
Same streetBottom 10%Same areaBottom 23%CitywideBottom 15%

Lot Size

around average
5,153 sqft
0255075100
Same streetBottom 47%Same areaTop 34%CitywideBottom 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

181 Cordova Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 431 m), 1 education (nearest 157 m).

Search radius
🍽️Dining3
🏫Education1
Fuel Stations1
Worship1

Crime & Safety

North River Heights · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

57%

Sales History

Sold 7/2019CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Bottom 36%

City-wide

Top 38%

Related homes

Highlights & common questions: 181 Cordova Street, Winnipeg

Property Overview: 181 Cordova Street, North River Heights

Key Characteristics & Appeal

This home at 181 Cordova Street is a classic North River Heights property, built in 1925, offering a blend of established character and practical space. With 1,565 square feet of living area, it provides above-average space compared to the typical Winnipeg home, while its 5,153 sqft lot is generous for the neighbourhood. The assessed value of $429,000 sits comfortably in the mid-range for the area, suggesting a manageable entry point into this desirable community.

The appeal lies in its balanced position. It’s not the largest or newest on the street, but it offers solid space in a prime location without a premium price tag. The data indicates it’s a home that holds its own, performing around or above average on key metrics city-wide. A thoughtful perspective is that its 1925 build date, while older than most on the block, represents an opportunity for buyers who appreciate the architectural character and solid construction of that era, possibly with original details intact. It would suit practical buyers looking for a ready-to-live home in a mature neighbourhood, or those seeking a sound property with the potential to personalize over time. It’s particularly well-matched for young families or professionals who value the community vibe of North River Heights and a home size that accommodates growth without being excessive.

Frequently Asked Questions

1. How does the home’s value compare to recent sales on the street?
The home last sold between $350,000–$400,000 in July 2019. Its current assessed value of $429,000 is below the current street average of approximately $492,700, which may indicate room for equity growth or reflect its older construction date.

2. Is the lot size typical for the area?
Yes. At 5,153 sqft, the lot is very close to the neighbourhood average (~5,054 sqft), offering standard outdoor space for North River Heights. It’s smaller than the city-wide average lot, which is typical for this established, inner-city community.

3. What does the "below average" ranking for Year Built mean?
Built in 1925, this home is older than most on its street and in the wider city. This ranking highlights its vintage, which often comes with character but may also imply a different profile for maintenance or updates compared to a newer build.

4. How accurate is the sold price data provided?
The sold price ranges are based on publicly available data, not MLS records. For fully verified, exact historical sale figures, you must request a manual lookup via email from the site.

5. What are the immediate neighbouring properties like?
The listing shows several homes from the same era (1920s-1930s) on Cordova and nearby Campbell Street, with similar or slightly lower assessed values. This suggests a streetscape of consistent character and value, which is positive for neighbourhood stability.

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