35 Cordova Street – Property Summary

Key Characteristics & Buyer Profile

This 2019-built home on Cordova Street stands out for its size, value, and newness in a neighbourhood defined by older, established properties. With 2,264 square feet of living space, it ranks in the top 6% citywide and top 6% on its street, where the average home is roughly 1,500 square feet. The assessed value of $940,000 places it in the top 1% across Winnipeg and top 4% on Cordova Street, far above the street average of $492,700. The land parcel is 6,477 square feet—generous by city and street standards, though slightly below the Wellington Crescent neighbourhood average, where larger estates are common.

The home’s appeal lies in its rarity: a nearly new build in an area where the average home on the street was built in 1944. It offers modern construction and finishes without sacrificing lot size or location. Buyers likely include professionals or families who want a move-in-ready home in a prestigious neighbourhood but don't want the maintenance or layout compromises of a century-old house. It may also appeal to those who value strong resale positioning—being newer and larger than most nearby homes—but who aren't necessarily seeking the sprawling land parcels found deeper in Wellington Crescent. The property sits in a subtle middle ground: newer than almost anything around it, but not the largest lot on the block.

Five Possible FAQs

1. How does this property compare to others on Cordova Street specifically?
It ranks in the top 6% for living area, top 4% for assessed value, top 3% for year built, and top 3% for land area. In short, it is one of the newest, largest, and highest-value homes on the street.

2. Is the assessed value of $940,000 reflective of current market price?
Assessed value is a public valuation used for property tax purposes, not a market appraisal. However, a top-1% citywide ranking suggests the home sits in a very high tier relative to typical Winnipeg properties. Market price may differ depending on condition, upgrades, and demand.

3. The land area is smaller than the neighbourhood average—should that be a concern?
The Wellington Crescent neighbourhood average includes many estate-sized lots. At 6,477 square feet, this lot is still above the citywide average and larger than most on Cordova Street. It’s a comfortable urban lot, not a compact one, but buyers seeking acreage-style grounds may find it tighter than expected.

4. How does being built in 2019 affect things like insurance or maintenance?
Newer construction often means updated electrical, plumbing, and insulation, which can lower insurance premiums and reduce immediate repair costs. However, the home is now a few years old, so a home inspection and review of warranty transferability are still recommended.

5. What is the neighbourhood like beyond the numbers?
Wellington Crescent is one of Winnipeg’s most established residential areas, known for larger homes, mature trees, and proximity to the river. New builds here are uncommon, so this property offers a modern interior in a historically desirable setting—without the typical heritage-home upkeep.