Property Overview: 382 Cordova Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 382 Cordova Street is a classic North River Heights property built in 1949, offering a practical footprint of 1,408 square feet on a 4,190 sqft lot. Its assessed value of $433,000 positions it as a competitively priced entry into this established neighbourhood, sitting below the local area average for comparable homes. The appeal here is one of value and location rather than sheer size. While the living space is near the neighbourhood average, the lot is more compact than most on the street, which could mean less yard maintenance—a plus for some buyers.
The home would suit a first-time buyer or a downsizer seeking the quiet, tree-lined character of North River Heights without the premium price tag of a larger lot. Its vintage suggests potential for updates, appealing to those with a vision for personalization. A thoughtful perspective is that its "below-average" lot size for the area might actually represent an efficient use of space and a lower property tax assessment relative to neighbours, while still providing access to the same community amenities and charm.
Frequently Asked Questions
1. How does the property's value compare to nearby homes?
The home's assessed value of $433,000 is below the current average for both Cordova Street and the wider North River Heights area, suggesting it may offer relative value within this desirable neighbourhood.
2. Is the lot size a significant drawback?
At 4,190 sqft, the lot is smaller than many in the immediate area. This means less yard space but also translates to lower maintenance. For buyers prioritizing indoor space or ease of upkeep, this can be a practical trade-off.
3. What does the 1949 build date imply for a buyer?
Built in the post-war era, the home likely has solid construction but may require updates to mechanical systems like plumbing or electrical. It presents a classic canvas that could benefit from modernization.
4. What is known about the previous sale?
The property was last sold in August 2016, with a public price range between $300,000 and $350,000. For precise historical sale figures, a manual records lookup is required.
5. How does the living space feel for a family?
At 1,408 sqft, the living area is very close to the neighbourhood average. It should accommodate a small to medium-sized family comfortably, typical of many well-utilized homes in the area from this period.