Property Overview
This two-storey home at 713 Cordova Street in Winnipeg's Central River Heights neighbourhood presents a balanced offering for a specific buyer. Built in 1953, it is notably newer than many homes on its street and in the immediate area. The 1,372 sqft living space is consistent with typical citywide sizes, and the property sits on a 4,713 sqft lot, which is spacious for the neighbourhood but modest for the street. A key feature is the renovated basement, adding valuable finished space, and the property includes a detached garage. Its appeal lies in this move-in readiness within a mature, established community, without the premium often attached to larger or newer lots on the same block. It last sold in 2019 for $350k.
This home would suit first-time buyers or downsizers seeking a lower-maintenance property in a central location. It’s a practical choice for those who value a renovated interior and the character of River Heights over maximizing yard size or seeking a brand-new build. The data suggests it offers a way into the neighbourhood at a potentially more accessible point compared to properties with larger lots on the same street.
Frequently Asked Questions
1. How does the lot size compare?
While the lot is below the average size for Cordova Street itself, it is actually above average for the broader Central River Heights neighbourhood, offering a good balance of outdoor space without excessive maintenance.
2. Is the home older than others in the area?
No, quite the opposite. Built in 1953, it is newer than most homes on its street and in the surrounding area, which may mean fewer concerns related to the age of core components compared to much older homes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.
4. How does the last sale price relate to the assessed value?
The home sold for $350k in 2019, which is significantly higher than its current assessed value of $41.3k. It's important to understand that municipal assessed value is for tax purposes and rarely reflects current market value. The sale price from 2019 is a more relevant, though dated, benchmark.
5. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or separate storage. However, it may be less convenient during Winnipeg winters compared to an attached garage, a factor to consider for daily use.