707 Borebank Street

Central River Heights, Winnipeg

71.0

Good

Overall 71.0

Newer than most nearby homes

1,152 sqft (bottom 36%)

Built in 1956 (3 yrs newer than avg)

Located in a high-income area

with median household income of ~111k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 3 schools, 2 parks, and 1 place of worship nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 84%Chinese · 1%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

Need help understanding this property?

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

Property score

71.0 is composed by the two sections below.

Property Score

58.1Fair
Living Area1,152 sqft60Fair
Year Built195643Low
Lot Size6,000 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

90.3Excellent
Household Income89Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111050

Community deep dive

$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

Population, labour & age

Population (2021)452
Labour force participation rate69%
Median age43.6
Avg household size2.4
Unemployment rate0%
Population density1883 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households24%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,152 sqft
0255075100
Same streetBottom 49%Same areaBottom 36%CitywideBottom 45%
Same street · Borebank Street
#206 / 404
Bottom 49% · Avg 1,211 sqft
Same area · Central River Heights
#799 / 1,244
Bottom 36% · Avg 1,346 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
419k
0255075100
Same streetTop 43%Same areaBottom 49%CitywideTop 34%
Same street · Borebank Street
#175 / 404
Top 43% · Avg 426.2k
Same area · Central River Heights
#630 / 1,244
Bottom 49% · Avg 443.3k
Citywide · Winnipeg
#66,194 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 17%Same areaTop 6%CitywideBottom 36%

Lot Size

above average
6,000 sqft
0255075100
Same streetTop 17%Same areaTop 22%CitywideTop 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

707 Borebank Street — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 457 m), 3 education (nearest 293 m), 2 parks (nearest 440 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks2
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 707 Borebank Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 11/2017CA$300k–350k
Sold price

Same street

Bottom 15%

Same area

Bottom 13%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 707 Borebank Street, Winnipeg

Property Overview

This one-storey home on a 6,000 sqft lot at 707 Borebank Street in Central River Heights presents a specific and appealing opportunity. Its key appeal lies in its generous, above-average lot size for the area—a standout feature in a mature, established neighbourhood. The home itself, built in 1956, is older than many on its street but features a renovated basement. With a detached garage and a living area just over 1,150 sqft, it offers a classic bungalow layout.

The property would particularly suit a buyer who values land over square footage, such as someone looking for ample outdoor space for gardening, children, or future expansion. It's also a practical fit for those seeking the convenience of a single-level living floor plan, possibly downsizers or first-time buyers attracted to the River Heights location. The 2017 sale price suggests a historically accessible entry point into the neighbourhood, making it a candidate for value-conscious buyers willing to update an older home to modern standards.

Frequently Asked Questions

1. What is the true standout feature of this property?
The lot size. At 6,000 sqft, it ranks in the top 17% for land area on Borebank Street, offering significantly more outdoor space than the average local comparable property.

2. How does the age of the home (1956) compare to others?
It is newer than most on its street, where the average comparable home was built in 1947. This could suggest slightly more modern construction fundamentals than many immediate neighbours.

3. Is the living space typical for the area?
Yes. At 1,152 sqft, the above-ground living area is very close to the average for both the street and the wider Central River Heights neighbourhood.

4. What does the assessed value indicate?
The assessed value is around the local average. It’s important to note that this is not a market valuation but a figure for municipal tax purposes; market value is determined by current sale conditions.

5. The home sold in 2017. What context does that provide?
The 2017 sale price provides a historical benchmark, showing the property's price point from that time. It indicates the home has been a more affordable option in the area, but market conditions have likely changed significantly since then.

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.