76.4
Good
Property score
76.4
Good
Overall 76.4
Larger and newer than most nearby homes
1,491 sqft (top 27%)
Built in 1954 (1 yr newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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76.4 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111050
$111K
Median household income
$120K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
24%
Single-person households
27%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
520 Borebank Street — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 277 m), 1 education (nearest 261 m), 1 shopping (nearest 296 m).
Central River Heights · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Other
100%
Local garbage, recycling, and yard waste pickup schedule for 520 Borebank Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 11% | Top 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 16% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated one-storey home at 520 Borebank Street in Winnipeg's Central River Heights presents a compelling opportunity. Its primary appeal lies in the combination of a generous, mature lot and a home with updated essentials. The nearly 7,800 sqft lot is notably large, ranking in the top 1% on its street and top 3% in the neighbourhood, offering significant outdoor space and potential in a highly sought-after area. The home itself, built in 1954, is newer than many area comparables and features a renovated basement, adding valuable finished living space to its 1,491 sqft footprint. With a detached garage and a recent sale price of $530,000, it sits above average in value for its immediate surroundings, reflecting its desirable attributes.
This property would suit buyers looking for a prime location with ample land, who appreciate the character of an established neighbourhood but want some of the work already done—specifically, a modernized basement. It's ideal for someone who values outdoor privacy and space over a massive interior, or for a household planning a future renovation or addition, given the solid lot size to build upon.
Frequently Asked Questions
How does the lot size compare to a typical city property?
The lot is approximately 7,800 square feet, which places it in the top 12% city-wide—significantly larger than the Winnipeg average of about 6,570 sqft.
Is the home considered newer or older for the area?
Built in 1954, it is actually newer than many homes in Central River Heights. It ranks in the top 16% for year built in the neighbourhood, where the average comparable home was built around 1953.
What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and the scope of work are not detailed. This would be a key point to clarify during a viewing or with the selling agent.
How has the property's value changed?
It last sold for $503,000 in August 2021 and most recently for $530,000 in October 2024. Its current assessed value is $510,000.
Are the property taxes available?
The listing does not provide the annual property tax amount. This figure, based on the $510k assessment, should be verified directly through municipal records or the listing agent.
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