28 Cordova Street – Property Summary

Key Characteristics & Buyer Profile

This is a 4,201 sqft home built in 2014 on an 8,029 sqft lot, located on Cordova Street in Winnipeg’s Wellington Crescent neighbourhood. Its assessed value is $1.95M.

What stands out is not just the size, but how it ranks within its immediate context. On Cordova Street itself, this property is ranked #1 out of 268 homes for both living area and assessed value—meaning it is the largest and most valuable house on that street by a clear margin. That’s an unusual position. Most homes in this price range sit among other large properties. Here, the house is significantly larger than its street neighbours (the street average is 1,517 sqft) and nearly four times the average assessed value on the block.

Year built is another distinguishing factor. Built in 2014, it is one of the newest homes on a street where the average home was built in 1944. That combination—new construction in an established, older neighbourhood—is relatively rare in this part of Winnipeg.

The lot is generous at 8,029 sqft, though it is slightly below the Wellington Crescent neighbourhood average of 9,488 sqft. Citywide, the lot is in the top 11%, so it is still large by most standards, but buyers should note that the house itself takes up a greater proportion of the lot compared to some neighboring properties.

This property would suit a buyer who values a new or relatively new home within a prestigious, mature neighbourhood. It may appeal to someone who wants a large, move-in-ready residence without the need for renovations, and who is comfortable owning a property that stands out rather than blends in with its street. It could also work for a buyer who prioritizes living area and citywide status over a sprawling estate lot.

Frequently Asked Questions

1. How does this home compare to others in the Wellington Crescent area?
Within the neighbourhood, it ranks #28 out of 548 homes for assessed value (top 5%) and #40 for living area (top 7%). So it sits comfortably in the upper tier, though not at the very top. The lot size is closer to the neighbourhood average—around the 36th percentile—meaning some nearby homes have larger grounds.

2. Why is the assessed value so much higher than the street average?
Cordova Street includes many older, smaller homes. This property is both newer and larger than the typical home on the block, which drives its value well above the street median. The $1.95M assessment reflects the home’s size, age, and condition relative to its immediate neighbours.

3. Is the land area considered small for a home this size?
Not small in general, but it is more compact relative to the neighbourhood. The 8,029 sqft lot is in the top 11% citywide, so it is still a large urban lot. However, because the house footprint is substantial, the yard space may feel less expansive than on some neighbouring properties with larger lots and smaller houses.

4. How does the 2014 build year affect maintenance or insurance?
A 2014 build means the home is roughly ten years old, so major systems (roof, HVAC, windows) are likely still in good condition, but buyers should check manufacturer warranties and typical lifespans. Some insurers may offer more favourable rates for newer construction, but replacement cost will be higher given the square footage and finishings.

5. What is the neighbourhood like in terms of character and resale?
Wellington Crescent is one of Winnipeg’s most established, higher-end areas, with a mix of historic homes and newer builds. Because this property is newer and larger than many nearby homes, its resale buyer pool may be narrower—focused on those seeking a contemporary home in an older neighbourhood rather than a period property. That can be both a strength (less competition from similar listings) and a limitation (fewer comparable sales for future appraisals).