Property Overview: 272 Cordova Street, North River Heights
Key Characteristics & Appeal
This home at 272 Cordova Street is a notably spacious property in a well-established Winnipeg neighbourhood. Its primary appeal lies in its above-average size and value, offering substantial space both inside and out. With 2,121 square feet of living area, the home ranks in the top 9% on its own street and the top 8% city-wide for interior space, comfortably exceeding local averages. The lot is also generous at over 5,200 square feet, providing ample outdoor potential.
Built in 1931, the home is characteristic of North River Heights, fitting the area's typical vintage. Its assessed value of $624,000 places it consistently in the top tiers for its street, neighbourhood, and the entire city, indicating a premium property within its context. This combination suggests a home that is both a comfortable family dwelling and a solid investment within its community.
This property would best suit buyers looking for established character and more room than is typically found in newer subdivisions. It’s ideal for those who value neighbourhood consistency, as it fits right into the local fabric, and for purchasers who see potential in a mature home on a large lot. It represents a move into a property that already stands out in terms of scale and assessed value within a desirable area.
Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The home’s assessed value of $624,000 ranks in the top 10-11% in its immediate area and the top 6% city-wide. This means its official valuation is significantly higher than most comparable homes, reflecting its larger size and likely its condition and desirability within the market.
2. Is a 1931-built home a concern?
The year of build is typical for North River Heights. While it means potential for older infrastructure needing updates, it also offers the character and build quality of that era. The home’s value and space rankings suggest it has been maintained as a premium property within its vintage cohort.
3. How does the lot size compare?
At 5,237 sq. ft., the lot is above average for both Cordova Street and North River Heights. City-wide, it is around the median. This means you get a sizable yard for the neighbourhood, which is often a priority in mature areas, but not an unusually vast parcel by broader suburban standards.
4. Why is there no sales history shown?
The provided data does not pull from the MLS system. You can request exact historical sales figures manually from the site via email, and they will provide the information directly.
5. What are the nearby properties like?
The immediate neighbours on Cordova Street are homes of similar vintage, creating a consistent streetscape. The "Similar Assessed Value" listings show that this price point in Winnipeg can also purchase properties in other established neighbourhoods like Elmhurst and Southboine, offering a useful perspective for comparison shoppers.