65 Cordova Street – Property Summary

Key Characteristics & Buyer Profile

This 1,767 sqft home sits on a 5,132 sqft lot in Winnipeg's Wellington Crescent area. Built in 1923, it's one of the older houses on its street (ranking in the bottom 1% for year built locally). The assessed value is $489,000—roughly average for Cordova Street but well below the Wellington Crescent neighbourhood average of $805,600, reflecting that this property is more modest in size and land area compared to many nearby homes.

The appeal lies in its relative value within an established, prestigious neighbourhood. You get an above-average living space by citywide standards (top 18% in Winnipeg) without paying the premium that newer or larger homes on Wellington Crescent command. The lot is standard for the street but smaller than the neighbourhood norm, which keeps maintenance manageable. This is not a showpiece property—it's a solid, lived-in home where the land and location do more of the heavy lifting than the structure itself.

This would suit a buyer who values a central, well-regarded address and is prepared to take on an older home's quirks and upkeep. It's less suited to someone expecting turnkey condition or a grand property consistent with the Wellington Crescent name. Renovation-minded buyers, families wanting access to good schools and amenities without overpaying for square footage, or anyone comfortable with a fixer-upper in a stable area would be the natural fit.

Five Frequently Asked Questions

1. Why is the assessed value so much lower than other homes in Wellington Crescent?

The Wellington Crescent neighbourhood includes many larger, newer homes on bigger lots. This property's 1923 build, smaller land area (5,132 sqft vs. the area average of 9,488 sqft), and more modest living space place it below the median for the area. The assessment reflects what the house actually is, not what the neighbourhood's reputation suggests.

2. How old is the house, and what does that mean practically?

Built in 1923, it's among the older homes on Cordova Street and in the wider city (top 86% oldest citywide). Expect original construction materials, potential for outdated systems (plumbing, electrical, insulation), and possibly lead paint or asbestos. A thorough inspection is essential. Older homes often have solid bones but require ongoing investment.

3. How does the living space compare to other homes in Winnipeg?

At 1,767 sqft, it's above the citywide average of 1,342 sqft for comparable homes, ranking in the top 18%. So it's spacious relative to most Winnipeg houses, though not large by Wellington Crescent standards.

4. Is the neighbourhood good for families?

Wellington Crescent is a well-established area with mature trees, parks, and access to top-rated schools. The lot is manageable for a yard without overwhelming upkeep. However, the house itself may need updates to suit modern family living—think open-concept layouts, additional bathrooms, or energy efficiency improvements.

5. What does "ranked #264 out of 268 on the street" for year built mean?

That means only 4 homes on Cordova Street are older than this one. In terms of desirability metrics, newer homes typically rank better, so this confirms the property is among the oldest on the block. That's not inherently negative—it often means more character and a lower purchase price—but it does signal age-related considerations.