78.8
Good
Property score
78.8
Good
Overall 78.8
Larger and newer than most nearby homes
1,637 sqft (top 19%)
Built in 1953
Located in a high-income area
with median household income of ~124k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 2 schools, 2 parks, 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
Above average
22% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 85%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
78.8 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: #46111051
$124K
Median household income
$151K
Average household income
1%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
27%
Single-person households
32%
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
704 Borebank Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 405 m), 2 education (nearest 282 m), 2 parks (nearest 414 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 704 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 31% | Bottom 26% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
704 Borebank Street is a two-storey home built in 1953, situated on a standard-sized lot in Winnipeg's Central River Heights neighborhood. Its primary appeal lies in its above-average living space compared to most homes on its street and in the wider area, offering a practical footprint for daily life. The home features a renovated basement and a detached garage. The data suggests it is a well-established property in a mature community, last sold in 2016.
Key Characteristics & Ideal Buyer
This home’s standout characteristic is its generous living area (1,637 sq ft), which ranks notably above the average for similar homes on Borebank Street and in Central River Heights. This makes it a practical choice for small families, couples needing home office space, or anyone who values room to spread out without the upkeep of an exceptionally large lot. The renovated basement adds functional, modernized space.
Its appeal is grounded in being a solid, proportional home in a desirable central neighborhood. It suits a buyer looking for a move-in-ready character home with updated elements, who prioritizes interior space over a massive yard. It would also resonate with a value-conscious buyer who appreciates that the home’s assessed value consistently ranks above local averages, indicating a history of maintained or improved value relative to its peers.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 5,519 sq ft is around the average for Central River Heights. It provides a typical urban yard for the area—manageable for gardening and recreation without being overly burdensome to maintain.
2. Is the home older than others nearby?
Built in 1953, it is newer than the average home on Borebank Street but is typical for the city overall. This suggests the immediate block has older character, while this property may have somewhat more modern construction fundamentals.
3. What does the "above average" assessed value indicate?
The assessed value ranks above average for the street, neighborhood, and city. This generally reflects that the property, through its living area, renovations, and condition, is valued higher than many comparable properties, which can be a positive indicator of its market position.
4. Are sale prices in the area consistent with the assessed value?
The home last sold in 2016 for $350k, which was considered above average for the neighborhood at that time. This historical sale supports the pattern of it performing well against local benchmarks.
5. What is the context of the "renovated basement"?
While noted as renovated, the specifics and quality of the renovation are not detailed. This is a key feature to investigate further during a viewing to understand the finish quality, permits, and how it adds to the home's livable space.
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.
