177 Borebank Street

North River Heights, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Newer than most nearby homes

1,714 sqft (top 31%) · Built in 2020 (83 yrs newer than avg)

Located in a high-income area with median household income of ~101k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 4 parks, 2 fuel stations, and 1 place of worship nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Above average

83 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

81.3 is composed by the two sections below.

Property Score

78.5Good
Living Area1,714 sqft86Excellent
Year Built202097Excellent
Lot Size3,002 sqft38Low
Neighbourhood Sales Activity37Low

Community Score

85.6Excellent
Household Income85Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

North River Heights

How to read: Share of sales in each ~$50k price band for “north 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: #46110378

Community deep dive

$101K

Median household income

$122K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

32%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,714 sqft
0255075100
Same streetTop 7%Same areaTop 31%CitywideTop 20%
Same street · Borebank Street
#28 / 404
Top 7% · Avg 1,211 sqft
Same area · North River Heights
#681 / 2,168
Top 31% · Avg 1,540 sqft
Citywide · Winnipeg
#39,616 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

Elite
673k
0255075100
Same streetTop 3%Same areaTop 7%CitywideTop 5%
Same street · Borebank Street
#13 / 404
Top 3% · Avg 426.2k
Same area · North River Heights
#160 / 2,168
Top 7% · Avg 479.3k
Citywide · Winnipeg
#8,932 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 3%

Lot Size

below average
3,002 sqft
0255075100
Same streetBottom 6%Same areaBottom 2%CitywideBottom 11%

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

177 Borebank Street — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 437 m), 4 parks (nearest 405 m).

Search radius
🏫Education1
🌳Parks4
Fuel Stations2
Worship1

Crime & Safety

North River Heights · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

57%

Sales History

Sold 6/2024CA$800k–850k
Sold price

Same street

Top 1%

Same area

Top 3%

City-wide

Top 2%

Related homes

Highlights & common questions: 177 Borebank Street, Winnipeg

Property Overview: 177 Borebank Street, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home is defined by its modern build and premium valuation within a well-established neighbourhood. Built in 2020, it is a notably newer construction compared to most homes on its street, in the North River Heights area, and across Winnipeg. With 1,714 sqft of living space, it offers above-average interior room, particularly when compared to other homes on Borebank Street. Its assessed value of $673k places it in the elite tier (top 3-7%) across all comparison levels, reflecting its premium market position.

The primary appeal lies in acquiring a modern, low-maintenance home with contemporary systems and finishes in a mature, sought-after neighbourhood. You benefit from the established character and greenery of River Heights without the potential renovation projects common with older homes. A thoughtful perspective is the trade-off: while the house itself is large and new, the lot size (3,002 sqft) is significantly smaller than area norms. This suggests a lifestyle oriented more toward the home's interior and efficient outdoor space rather than extensive gardening or yard use.

This property would best suit buyers who prioritize move-in readiness, modern energy efficiency, and a home that stands out for its condition and age on the block. It’s ideal for professionals or small families seeking the neighbourhood's prestige and amenities without the upkeep of a classic, older River Heights home.

Frequently Asked Questions

1. What was the exact sold price?
The property sold in June 2024 for between $800,000 and $850,000. For fully verified and exact transaction figures, you can request a manual lookup via email from the site.

2. Why is the lot size smaller than average?
This is common for newer infill constructions in established neighbourhoods. The smaller, efficiently used lot is a trade-off for a brand-new, larger living space on a prized street, reflecting a different use of land than older properties with larger yards.

3. How does the assessed value compare to the sold price?
The sold price was notably higher than the $673k assessed value. This is not uncommon, as assessed values for taxation purposes can differ from market value, especially for unique, newer properties in high-demand areas.

4. What does the "Elite" ranking for Year Built mean?
It means this home is newer than 99% of the properties on Borebank Street and in North River Heights. You are essentially buying one of the newest homes available in this mature market segment.

5. Is this a good value for the neighbourhood?
The data indicates you are paying a premium for a rare commodity: a new build. Its value ranks in the top tier, so it commands a higher price relative to the neighbourhood's average home, which is older and may have a larger lot but require more updates.

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