70.1
Good
Property score
70.1
Good
Overall 70.1
Newer than most nearby homes
1,179 sqft (bottom 40%)
Built in 1954 (1 yr newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
12% smaller 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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70.1 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
532 Borebank Street — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 279 m), 1 education (nearest 253 m), 1 shopping (nearest 299 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 532 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 | Bottom 25% | Bottom 20% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1954 one-storey home on a 6,000 sqft lot in Central River Heights presents a solid, grounded opportunity. Its primary appeal lies in the combination of a generous, above-average lot size for the area and a recently renovated basement, offering immediate livable space. The detached garage adds practical utility. While the 1,179 sqft living area is average for the neighbourhood, the property’s value is anchored in its land and the potential that comes with it. It suits a practical buyer looking for a well-located home with a manageable footprint, or a long-term investor who values the underlying land value in a desirable, established community. A thoughtful perspective is that, for its assessed value, you are acquiring a lot that is larger than most on the street and in the area, which is a finite commodity. The home itself isn't oversized, suggesting efficiency over extravagance.
Frequently Asked Questions
1. How does the lot size compare to others?
The 6,000 sqft lot is a key feature, placing the property in the top 17% on Borebank Street and the top 22% within Central River Heights. It offers more outdoor space than the average local home.
2. What condition is the basement in?
The listing specifies the basement has been renovated. Prospective buyers should inquire about the scope, permits, and finish quality of this renovation during viewings.
3. Is the assessed value in line with recent sales?
The current assessed value is $420k. The last recorded sale was in 2019 for $333k. This gap highlights the importance of a current market evaluation to understand today's fair market price.
4. What is the neighbourhood like for families?
Central River Heights is a mature, established neighbourhood known for its tree-lined streets, community amenities, and proximity to schools, parks, and the river. It typically appeals to families and professionals.
5. What might future maintenance involve?
Built in 1954, the home is older than many on its street. Buyers should pay special attention to the condition of major aging components, such as the roof, plumbing, electrical systems, and the detached garage structure during an inspection.
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