67.3
Good
Property score
67.3
Good
Overall 67.3
Smaller but newer than most nearby homes
1,040 sqft (bottom 20%)
Built in 1954 (1 yr newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 2 schools, 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
23% 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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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
627 Borebank Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 452 m), 2 education (nearest 420 m), 1 shopping (nearest 462 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 627 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 23% | Bottom 19% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 627 Borebank Street, Central River Heights
Key Characteristics & Buyer Appeal
This one-storey home on a spacious 6,000 sqft lot presents a solid opportunity in the sought-after Central River Heights neighborhood. Its key appeal lies in a combination of location, lot size, and a renovated basement. The property sits on a lot that is notably larger than most in the immediate area, ranking in the top 17% on its street, which offers valuable outdoor space and potential. While the 1,040 sqft living area is modest compared to some neighborhood homes, it is complemented by the finished basement, adding functional space.
The home would suit first-time buyers or downsizers seeking a manageable single-level layout in a prime location without a premium price tag. It also appeals to value-conscious buyers who prioritize land size over a large house footprint, seeing the lot as a long-term asset. A thoughtful perspective is that the 1954 build date is actually newer than many area homes, suggesting potentially fewer immediate updates than an older character home might require. The detached garage adds practical storage or workshop space, rounding out the offering as a practical, grounded choice in a desirable community.
Frequently Asked Questions
1. How does the lot size compare?
The 6,000 sqft lot is a standout feature, larger than approximately 83% of lots on Borebank Street and 78% of those in Central River Heights, offering more private outdoor space than is typical.
2. Is the house particularly small for the area?
The living area is somewhat below the neighborhood average. This reflects a trade-off: you're acquiring a larger-than-average lot in a prime location, with the house itself offering a compact, efficient layout.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and added living space.
4. How current is the assessed value?
The $40,100 assessed value is for municipal tax purposes and is typically not reflective of market value. The home last sold for $330,000 in May 2020, which is a more relevant benchmark, though market conditions have changed since then.
5. What is the significance of the home being built in 1954?
For this neighborhood, a 1954 build is actually newer than many surrounding homes. This can be an advantage, potentially meaning more modern construction materials and systems than found in pre-war houses, while still offering established streets and mature landscaping.
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