63.7
Fair
Property score
63.7
Fair
Overall 63.7
Smaller but newer than most nearby homes
992 sqft (bottom 14%)
Built in 1953
Located in a high-income area
with median household income of ~111k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 3 schools, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% 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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63.7 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
651 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 3 education (nearest 414 m), 1 parks (nearest 347 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 651 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 38% | Bottom 33% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 651 Borebank Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Central River Heights is defined by its generous 6,000 sqft lot, which is notably larger than most in the immediate area and neighbourhood. Built in 1953, the house itself is a compact 992 sqft bungalow, suggesting a property where the land itself is a primary asset. Key features include a detached garage and a renovated basement, adding functional living and storage space.
The appeal lies in a classic River Heights location combined with a lot that offers significant potential. It suits a specific buyer: someone looking for a solid entry point into a desirable neighbourhood who values outdoor space over a large interior footprint. It’s an ideal candidate for a long-term hold, appealing to downsizers seeking manageable living, or to visionaries who see the potential for expansion, a garden suite, or simply the luxury of a large, private yard in the city. The renovated basement adds immediate livability, making it move-in ready while the larger lot provides future optionality.
Section 2: Frequently Asked Questions
1. Is the lot size unusual for the area?
Yes. The 6,000 sqft lot ranks in the top 17% on its own street and top 22% in Central River Heights, making it a standout feature compared to neighbouring properties.
2. What does the assessed value indicate?
The assessed value is consistent with averages for the street and neighbourhood. It’s important to note that this is not a market valuation but a tax assessment; the sale price will be determined by current market conditions.
3. The living area seems small. How liveable is the layout?
At 992 sqft, the above-ground living area is below average for the area. However, the presence of a renovated basement effectively increases the usable space, which should be factored into viewing the home’s total functionality.
4. The home last sold in 2017. What does that mean?
The 2017 sale provides historical price context, but being sold seven years ago typically indicates a homeowner who has likely maintained the property for a stable period, not a frequent "flip."
5. Who would this property not suit?
It may not suit buyers seeking a large, modern open-concept layout without undertaking a major renovation or expansion. The value proposition is grounded in location and lot size rather than expansive, move-in-ready interior square footage.
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