Property Overview: 291 Cordova Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home on Cordova Street presents a solid opportunity in the desirable North River Heights neighborhood. Built in 1938, it offers 1,534 sqft of living space on a generous 5,175 sqft lot, providing room both inside and out. The data reveals its core appeal: it's a property that holds significant value within its context. Its assessed value of $549k ranks consistently in the top 20-30% when compared to homes on its street, in its area, and across Winnipeg, suggesting a premium valuation for its location and characteristics. While the living space is typical for North River Heights, it is notably above the city-wide average, offering more interior room than many Winnipeg homes.

The appeal lies in its established neighborhood setting and its position as a value-holding asset. It suits buyers looking for a character home in a prime area who appreciate space and stability over new construction. It would particularly resonate with those who value a mature streetscape, a larger-than-city-average lot for the era, and a home whose assessed value demonstrates strong standing in the market. A thoughtful perspective is that this home represents the "bones" of a desirable location—its value is anchored more in its enduring lot size and neighborhood prestige than in modern size or finishes, making it ideal for a buyer who sees potential in a classic property.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for Cordova Street, North River Heights, and significantly above the Winnipeg average. This indicates it is considered a higher-value property within these contexts.

2. Is the living space considered large?
At 1,534 sqft, the living area is very close to the average for both Cordova Street and North River Heights. However, it is notably above the average for the entire city, meaning it offers more space than a typical Winnipeg home.

3. What does the sold price data indicate?
The home sold in March 2024 for an estimated $500k–$550k. This sale price ranked in the top 11-22% compared to city, area, and street sales, confirming its market performance aligned with its high assessed value.

4. The home was built in 1938. Should I be concerned?
The build date is typical for North River Heights. While it implies potential for older-home maintenance, it also comes with the character and established lot sizes of that era. It ranks as newer than many city-wide homes but is average for this specific, mature neighborhood.

5. How can I get the exact historical sold prices?
The exact sold price figures are not publicly displayed on this site due to data source rules. You can request the full transaction history and exact figures by emailing the provided contact; they will perform a manual lookup and send the information directly to you.