75 Cordova Street

75 Cordova Street – Property Summary

Key Characteristics & Buyer Profile

This is a 2,133-square-foot home built in 1928, with a 5,134-square-foot lot and an assessed value of $727,000. The property ranks exceptionally well citywide for both living area (top 8%) and assessed value (top 3%), while sitting in an around-average position within the Wellington Crescent neighborhood. Its street-level value is elite—ranked in the top 5% on Cordova Street—though the land area is modest relative to the neighborhood average (Wellington Crescent lots tend to be significantly larger). The appeal lies in the combination of generous interior space and value density: you are getting a home that stands out citywide, on a street where comparable properties are significantly less expensive, but within a neighborhood where the overall market is higher. It would suit buyers who prioritize interior square footage and a strong value position in a prestigious area, rather than those seeking a large lot or a newer build. The 1928 construction means it will appeal to someone comfortable with an older home’s character and maintenance requirements, but not necessarily a purist seeking a period showpiece—its ranking among older homes on the street is below average, suggesting it may have been updated or sits among newer infills.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Cordova Street, this home’s assessed value is well above average—ranked 14th out of 268 properties, in the top 5%. In the broader Wellington Crescent neighborhood, it sits near the middle (top 40%), and citywide it performs strongly at top 3%. This signals that the value is driven more by the specific street and citywide demand than by the immediate neighborhood average.

2. Is the lot size a concern for this property?
The lot is slightly above the street average (5,134 sqft vs. 5,045 sqft) but well below the Wellington Crescent neighborhood average of 9,488 sqft. If you are expecting a sprawling yard typical of the area, this property may feel compact. It is better suited to someone who values indoor space over outdoor land.

3. What does the year built mean for maintenance or renovations?
At 1928, it is older than most homes citywide (average 1966) and slightly older than the street average (1944). You should expect an older foundation, possible knob-and-tube wiring or galvanized plumbing, and less efficient insulation. However, its below-average age rank on the street (top 75%) suggests the street has a mix of eras, so this home may not be the oldest on the block, but it is still a century-old structure requiring periodic attention.

4. How does this home compare to others in the same price range citywide?
Citywide, 75 Cordova Street ranks in the top 3% for assessed value and top 8% for living area. That means among nearly 200,000 properties, very few offer this much square footage at this value level. Buyers looking for a large interior in a desirable pocket of Winnipeg will find this home competitively positioned.

5. Is this property a good fit for someone who wants a turnkey home?
That depends. Its strong value position and citywide ranking suggest it is likely well-maintained or recently updated for its era, but the 1928 construction means it is not a new build. If you want a home with modern finishes and minimal deferred maintenance, you should plan for a thorough inspection. It is a better fit for someone who values character, space, and location over absolute move-in readiness.