Property Overview: 181 Cordova Street, North River Heights
Key Characteristics & Appeal
This home at 181 Cordova Street is a classic North River Heights property, built in 1925, offering a blend of established character and practical space. With 1,565 square feet of living area, it provides above-average space compared to the typical Winnipeg home, while its 5,153 sqft lot is generous for the neighbourhood. The assessed value of $429,000 sits comfortably in the mid-range for the area, suggesting a manageable entry point into this desirable community.
The appeal lies in its balanced position. It’s not the largest or newest on the street, but it offers solid space in a prime location without a premium price tag. The data indicates it’s a home that holds its own, performing around or above average on key metrics city-wide. A thoughtful perspective is that its 1925 build date, while older than most on the block, represents an opportunity for buyers who appreciate the architectural character and solid construction of that era, possibly with original details intact. It would suit practical buyers looking for a ready-to-live home in a mature neighbourhood, or those seeking a sound property with the potential to personalize over time. It’s particularly well-matched for young families or professionals who value the community vibe of North River Heights and a home size that accommodates growth without being excessive.
Frequently Asked Questions
1. How does the home’s value compare to recent sales on the street?
The home last sold between $350,000–$400,000 in July 2019. Its current assessed value of $429,000 is below the current street average of approximately $492,700, which may indicate room for equity growth or reflect its older construction date.
2. Is the lot size typical for the area?
Yes. At 5,153 sqft, the lot is very close to the neighbourhood average (~5,054 sqft), offering standard outdoor space for North River Heights. It’s smaller than the city-wide average lot, which is typical for this established, inner-city community.
3. What does the "below average" ranking for Year Built mean?
Built in 1925, this home is older than most on its street and in the wider city. This ranking highlights its vintage, which often comes with character but may also imply a different profile for maintenance or updates compared to a newer build.
4. How accurate is the sold price data provided?
The sold price ranges are based on publicly available data, not MLS records. For fully verified, exact historical sale figures, you must request a manual lookup via email from the site.
5. What are the immediate neighbouring properties like?
The listing shows several homes from the same era (1920s-1930s) on Cordova and nearby Campbell Street, with similar or slightly lower assessed values. This suggests a streetscape of consistent character and value, which is positive for neighbourhood stability.