81.5
Excellent
Property score
81.5
Excellent
Overall 81.5
Larger than most nearby homes
2,465 sqft (top 6%)
Built in 1931 (6 yrs older than avg)
Located in a high-income area
with median household income of ~133k
Transit 70.0
7-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
60% larger than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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81.5 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111049
$133K
Median household income
$134K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
20%
Single-person households
30%
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
226 Cordova Street — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 167 m), 1 parks (nearest 412 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 15% | Top 11% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 226 Cordova Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 226 Cordova Street is a standout property in North River Heights, primarily due to its generous size and established neighbourhood setting. Built in 1931, it offers 2,465 sqft of living space, which ranks it in the top 4% of homes on its street and the top 3% city-wide for size. The lot is a substantial 5,237 sqft, providing ample outdoor space that is above average for both the street and the broader area. With an assessed value of $575,000, it sits comfortably above average benchmarks at the neighbourhood and city level, reflecting its premium attributes.
The appeal lies in securing a character home with significantly more interior space than most comparable properties, all within a mature and sought-after community. It suits buyers looking for a established home with room to grow, who value the charm and tree-lined streets of North River Heights. A thoughtful perspective is that while the home is older, its above-average lot size offers valuable potential for expansion or landscaping that newer, denser subdivisions often can't match. It’s ideal for a family or someone seeking a long-term home where the value is anchored by both the structure's size and the enduring desirability of the location.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1931, the home is around the average age for North River Heights. While it may require updates or maintenance consistent with its era, this is typical for the character of the neighbourhood. The assessed value already factors in the age, with the premium driven by its large living area and lot size.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $575,000 is a strong benchmark for municipal taxation. Notably, a nearby sale on the same street in mid-2023 fell within the $600,000-$650,000 range, suggesting the market may value it at or above its assessed value.
3. What does the "top percentile" ranking for living area actually mean?
Ranking in the top 4% on its street and top 3% city-wide for living area means this home is significantly larger than most. For direct comparison, the average comparable home on Cordova Street is about 1,517 sqft, making this property over 900 sqft more spacious.
4. How does the lot size compare to a typical Winnipeg property?
At 5,237 sqft, the lot is above average for North River Heights. However, it is close to the city-wide average lot size. This indicates you get a generous yard for the neighbourhood, which is known for its established plots, but not an exceptionally large parcel by broader suburban standards.
5. How can I verify the exact historical sale price mentioned?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact figure by emailing them directly for a manual lookup, which they provide without using your email for marketing.
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