67.3
Good
Property score
67.3
Good
Overall 67.3
Smaller but newer than most nearby homes
1,063 sqft (bottom 23%)
Built in 1953
Located in a high-income area
with median household income of ~111k
Transit 70.0
5-min walk to transit with 3 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
592 Borebank Street — 9 amenities found within 500 m, across 6 categories, including 4 dining (nearest 375 m), 1 education (nearest 318 m), 1 shopping (nearest 390 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 592 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 36% | Top 42% | Top 29% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 15% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1953 one-storey home at 592 Borebank Street in Central River Heights sits on a notably spacious 6,000 sqft lot, which is larger than most in this sought-after neighbourhood. The home itself is a manageable 1,063 sqft and features a renovated basement and a detached garage. Its recent sale history shows a significant increase in value, having sold for $320k in late 2023 and again for $420k in early 2024.
Key Characteristics & Appeal
The primary appeal of this property is its generous lot in a prime location. The land size ranks in the top 17% on its own street and the top 22% within Central River Heights, offering rare potential for expansion, gardening, or outdoor living. The renovated basement adds valuable finished space. Its recent sale price aligns closely with the city-wide average for assessed value, suggesting a market-ready valuation.
This home would suit a buyer who prioritizes land size over a large existing footprint. It’s ideal for someone looking to enter the River Heights area with a solid foundation—literally and figuratively—with the future potential to renovate or expand the main floor. It also appeals to those seeking a manageable single-level layout with the bonus of a modernized lower level.
Frequently Asked Questions
1. What does the recent sale history indicate?
The property sold twice within a short period (Oct 2023 and Jan 2024), with a $100,000 price increase. This typically indicates strong market demand, likely due to the desirable lot and location, and suggests the current price is firmly established by recent market activity.
2. How does the living space compare to the neighbourhood?
At 1,063 sqft, the above-ground living area is below the average for Central River Heights. This highlights that the property’s main draw is the land, making it better suited for those comfortable with a cozier main floor or with plans to eventually enlarge the home.
3. Is the lot size unusual for the area?
Yes. The 6,000 sqft lot is significantly larger than the neighbourhood average (~5,581 sqft), placing it in the top quarter for size. This is a key differentiator and a source of long-term value.
4. What is the significance of a "renovated basement"?
While specifics aren’t listed, a renovated basement in a 1950s home typically adds crucial functional living space, such as a family room, office, or additional bedroom, effectively increasing the usable square footage beyond the main floor's footprint.
5. How does the year built affect this home?
Built in 1953, the home is slightly newer than many on its street but is a typical vintage for the neighbourhood. Buyers should anticipate the maintenance and update needs common to homes of this era, balanced by the character and established landscaping that come with it.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
