63.7
Fair
Property score
63.7
Fair
Overall 63.7
Smaller but newer than most nearby homes
987 sqft (bottom 13%)
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: 1 dining spot, 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
27% 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
675 Borebank Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 478 m), 3 education (nearest 377 m), 1 parks (nearest 398 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 675 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 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 675 Borebank Street in Winnipeg's Central River Heights presents a specific and compelling opportunity. Its primary appeal lies in the generous 6,000 sqft lot, which ranks within the top 17% for size on its street and the top 22% in the neighbourhood. This sizable, above-average parcel of land is the standout feature, contrasting with the home's modest 987 sqft living area, which is below average for the area. The property includes a detached garage and an unrenovated basement, and it sold recently for $320,000.
The home suits practical buyers who see potential in the land itself. It's ideal for someone looking for a solid neighbourhood location with room to grow—whether that means future expansions, extensive gardening, or simply enjoying more private outdoor space than is typical. It would also appeal to value-conscious purchasers comfortable with a home that may require updates, prioritizing the lot size and location over move-in-ready finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the sale price?
The municipal assessed value is for taxation purposes and often lags behind the current market, which is determined by what buyers are willing to pay. The sale price reflects the home's market value, considering the desirable lot size and location.
2. What does "below average" living area mean for daily life?
With 987 sqft, the floor plan is compact. It would suit individuals, couples, or small families comfortable with efficient use of space. The large lot effectively expands your living area outdoors for much of the year.
3. Is the unrenovated basement finished?
The listing specifies the basement is "not renovated," which typically means it is unfinished or in a basic, original state. It offers functional space for storage and utilities, with the potential for future development.
4. How does the lot size compare to a typical city lot?
At 6,000 sqft, this lot is notably larger. For context, the average lot in Central River Heights is about 5,581 sqft, and the city-wide average is around 6,570 sqft. You're getting more land than most in this established neighbourhood.
5. The home sold recently. What does that indicate?
The recent sale demonstrates active market interest in properties with this profile—a modest home on a large lot in a sought-after area. It provides a clear, current benchmark for the value of similar opportunities.
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