Property score
72.0
Good
Overall 72.0 · Newer than most nearby homes
1,354 sqft (bottom 42%) · Built in 1950 (13 yrs newer than avg)
Located in a high-income area with median household income of ~128k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, and 2 parks nearby
Living Area
Near average
12% smaller than neighborhood avg.
Year Built
Above average
13 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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72.0 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: #46111047
$128K
Median household income
$134K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
21%
Single-person households
36%
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
398 Cordova Street — 6 amenities found within 500 m, across 3 categories, including 3 dining (nearest 491 m), 1 education (nearest 220 m), 2 parks (nearest 184 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 | Bottom 22% | Bottom 27% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 398 Cordova Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 398 Cordova Street presents a solid, mid-century property in the established North River Heights neighbourhood. Built in 1950, its 1,354 sqft living area and $426k assessed value are both consistently "around average" when compared directly to its immediate street and wider neighbourhood. This indicates a home that is typical for the area, not an outlier in size or official valuation.
The appeal lies in its position within a desirable, mature community. A thoughtful perspective is that its slightly smaller lot (4,190 sqft) compared to area averages could mean less maintenance without sacrificing yard space, potentially suiting those who prefer a more manageable outdoor area. Interestingly, while the home is newer than many in North River Heights (ranking in the top 8% for year built locally), it is older than the typical Winnipeg home, suggesting classic construction in a well-regarded area.
This property would best suit buyers looking for a straightforward, character home in a prime neighbourhood without extreme size or price premiums. It’s a practical choice for someone seeking community and stability over a brand-new build or a fixer-upper, possibly appealing to downsizers, young families entering the area, or investors attracted to the consistent metrics of the River Heights market.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $426k is for municipal tax purposes. While it provides a benchmark, the selling price is determined by the current market. Recent sold data suggests homes here transact within a competitive range, but a professional market evaluation is essential for pricing strategy.
2. Is the living space sufficient for a family?
At 1,354 sqft, the living area is very typical for the neighbourhood. It is comparable to the city-wide average and likely represents a functional layout for a small to medium-sized family, consistent with many classic Winnipeg homes.
3. What does the lot size ranking mean for me?
The lot is smaller than many in North River Heights. For some, this is a drawback for expansion or gardening. For others, it translates to less time spent on yard work and potentially a more cozier streetscape, which can be a welcome trade-off.
4. The home was last sold in 2019. What can that history tell me?
The previous sale (listed in the range of CA$350k–400k) provides context for market appreciation. It underscores the importance of obtaining the exact sale history to understand the property’s financial trajectory, which can be requested directly via the site’s provided service.
5. How does the age of the home (1950) affect its condition and value?
Being newer than many homes in North River Heights is a relative advantage, potentially indicating updates over time. However, as with any 70+ year-old home, the condition of major systems (roof, plumbing, electrical) and any renovations will be far more important than the build year alone. A thorough inspection is crucial.
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