67.3
Good
Property score
67.3
Good
Overall 67.3
Smaller but newer than most nearby homes
1,091 sqft (bottom 27%)
Built in 1953
Located in a high-income area
with median household income of ~111k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
0 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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67.3 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
544 Borebank Street — 10 amenities found within 500 m, across 6 categories, including 4 dining (nearest 289 m), 1 education (nearest 253 m), 1 shopping (nearest 308 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 544 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 35% | Bottom 31% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 544 Borebank Street, Central River Heights
Section 1: Key Characteristics & Appeal
This one-storey home on a 6,000 sqft lot presents a solid opportunity in the sought-after Central River Heights neighbourhood. 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 and potential for future expansion. The detached garage adds practical storage or workshop space.
The home suits two main types of buyers. First, it’s ideal for a first-time buyer or downsizer seeking a manageable single-level layout in a prime, established neighbourhood without the premium price of a larger or fully modernized home. Second, it appeals to a value-conscious investor or renovator who sees the underlying asset: the lot size is a standout feature, offering room for gardens, additions, or future redevelopment in a consistently desirable location. A thoughtful perspective is that while the living area is modest, the renovated basement effectively doubles the usable space, making the home feel larger than the main floor square footage suggests. Its assessed value is consistent with the area, indicating a fair market entry point rather than a undervalued project, positioning it as a stable, long-term holding in a mature community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in River Heights?
The 6,000 sqft lot is notably larger than many in the immediate area, ranking in the top 17% on its street and the top 22% within Central River Heights. This is one of the property's defining characteristics.
2. What is the condition of the basement renovation?
The listing confirms the basement is renovated, but the scope, quality, and permits for this work should be verified through a viewing and inspection. It represents a key functional upgrade to the home.
3. Is this a good option for someone wanting a move-in ready home?
With its renovated basement and single-level layout, it offers move-in readiness for those comfortable with a home built in 1953. A buyer should be prepared for the maintenance and potential updates typical of a house of this age, particularly on the main floor.
4. Why was the last sale price in 2017 significantly lower than the current assessed value?
The 2017 sale price of $362,000 reflects the market conditions and the property's state at that time. The current $430,000 assessment aligns with broader market increases and the value added by the basement renovation over the past seven years.
5. What is the potential for adding on to the house?
The large lot provides a clear advantage for potential additions, a sunroom, or a garage expansion. Any plans would need to comply with local zoning bylaws regarding setbacks and lot coverage, but the space to build is a definite asset.
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