57 Cordova Street – Property Overview
Key Characteristics & Buyer Profile
This is a 1924 home with 1,372 square feet of living space on a 5,131 square foot lot. What stands out is how it sits within its surroundings. On Cordova Street, the home is close to the average in both size and assessed value, blending in rather than standing out. But compared to the broader Wellington Crescent area—where the average home is over 2,300 square feet and valued at $806,000—this property is noticeably smaller and more affordable. City-wide, it ranks in the top 24% for assessed value, meaning it carries above-average worth relative to the rest of Winnipeg.
The home is older than most on its street and in the city, which may appeal to buyers who appreciate pre-war construction, established neighbourhoods, and mature lots rather than new subdivisions. The lot size is typical for the street and slightly below average for the city—not oversized, but not cramped either.
This property would suit someone looking for a reasonably priced entry point into a desirable central neighbourhood. It's not a showpiece or a fixer-upper trophy—it's a solid, average-sized older home in an area where that's increasingly uncommon. Buyers who value location over square footage, or who prefer to renovate and add value over time, would find this relevant.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
It's close to the average on Cordova Street ($493,000) but well below the Wellington Crescent average ($806,000). City-wide, it's above the $390,000 average.
2. Is the lot large enough for additions or a garage?
At 5,131 square feet, it's average for the street and slightly below the city median. It's not a deep lot, but it's functional. Check zoning and setback requirements if you're considering an expansion.
3. Why is the home ranked low for age if it's from 1924?
The ranking reflects newer homes scoring higher. On Cordova Street, most homes are from the 1940s, so this one is older than the street average. City-wide, the average build year is 1966, so this home is older than about 85% of Winnipeg properties.
4. How does this home compare to others currently on the market in Wellington Crescent?
Most listings in that area are larger and more expensive. This home offers a smaller footprint and lower price point, which is less common in the neighbourhood. It may appeal to buyers priced out of the area's typical stock.
5. What should I look out for with a home built in 1924?
Older homes can have outdated electrical, plumbing, insulation, and foundation work. A thorough inspection is recommended. The age ranking suggests many surrounding homes are newer, so this one may need more upkeep than the street average.