Property Overview

This home at 377 Cordova Street in North River Heights presents a well-proportioned and established residence. Built in 1946, it offers 1,558 square feet of living space on a 5,191 square foot lot, with a current assessed value of $467,000. The data suggests it is a quintessential example of its neighbourhood: its size, value, and lot are consistently around the average for Cordova Street and North River Heights. This indicates a stable, mature setting without extreme outliers. Where it stands out is in a city-wide context, offering above-average living space and assessed value compared to the Winnipeg average, positioning it as a solid, roomier option within the broader market.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance and established neighbourhood character. It is not the newest or the largest on its street, but it represents a dependable, middle-ground offering in a sought-after area. Its above-average living space city-wide is a notable advantage for buyers seeking more room without venturing into premium price brackets. The lot size provides ample outdoor space typical of North River Heights, suitable for gardening or family recreation.

This home would suit practical buyers who value neighbourhood stability over a brand-new build. It’s ideal for a growing family or a professional couple looking for character and space in a central location. It also appeals to the value-conscious buyer who recognizes that a home scoring solidly "average" in a desirable area like North River Heights often represents a sensible, lower-risk investment with less volatility than trendier, more expensive segments of the market. A thoughtful perspective is that a home firmly in the middle of the pack for its immediate area may offer fewer surprises in terms of maintenance expectations and resale competition, as it aligns with the well-understood norms of the community.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $467,000 is for municipal tax purposes. While it provides a benchmark, the actual selling price is determined by the current market. Recent sold data for the area (with a noted sale here in May 2021 between $400k-$450k) should be consulted for a more accurate picture, and a professional appraisal is recommended.

2. What should I consider about a home built in 1946?
Homes of this era in North River Heights are known for solid construction and character. Potential buyers should prioritize a thorough inspection to assess the condition of major systems (like plumbing, electrical, and the foundation) and the roof, which may be due for updates. The inspection will clarify if the home has been modernized or if it requires planned investments.

3. Is the lot size typical for the area?
Yes. At just over 5,100 square feet, the lot is very close to the average for both Cordova Street and the North River Heights neighbourhood. It is a standard residential lot for the area, offering a good balance of house and yard space.

4. The data shows it's "around average" for the street. Is that a good thing?
This can be a significant advantage. It suggests the property is in line with the neighbourhood's character and is less likely to be over-improved or under-improved compared to its surroundings. This often supports stable value and makes future resale more predictable.

5. How can I get the exact sale history and price for this property?
The provided data notes that exact sold prices are not displayed publicly on this site due to industry rules. You can request the exact sale history and figures by using the "Request exact figures by email" function on the property page, and the information will be provided via a manual lookup.