Property score
75.2
Good
Overall 75.2 · Larger but older than most nearby homes
1,820 sqft (top 25%) · Built in 1923 (14 yrs older 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: 3 dining spots, 1 school, 4 parks, and 1 fuel station nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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
75.2 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110378
$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
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
186 Borebank Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 467 m), 1 education (nearest 378 m), 4 parks (nearest 458 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 15% | Top 26% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 28% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 186 Borebank Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home in North River Heights presents a compelling blend of space, value, and established neighbourhood character. Its most standout feature is its generous living area of 1,820 sq ft, which places it in the top 5% of homes on Borebank Street and well above averages for both the neighbourhood and the wider city. This suggests a home that offers ample room for families or those who value spacious interiors.
The appeal lies in this balance. While the home is notably larger than many peers, its assessed value of $389,000 is around the city-wide average and actually below the average for North River Heights. This creates a potential value proposition where you get more interior space for your dollar within a desirable area. The lot size is manageable at 4,503 sq ft, typical for the neighbourhood, offering outdoor space without excessive maintenance.
Built in 1923, this is one of the older homes on the street, appealing to buyers who appreciate classic character and architecture, though it implies a need for diligence regarding updates and maintenance. The property’s recent sale history shows steady appreciation.
This home would best suit practical buyers looking for space in a prime neighbourhood without a premium price tag. It’s ideal for a growing family needing room, or a value-conscious buyer who prioritizes interior square footage over a newer build or a massive lot. It may also attract those interested in the solid craftsmanship and potential of a well-kept older home.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $389,000 is for municipal tax purposes. Market value is determined by current buyer demand. The home last sold between $450,000-$500,000 in September 2023, which is a more relevant indicator of its market price.
2. What are the implications of the home being built in 1923?
As one of the older homes on the street, it likely possesses classic charm and sturdy construction. Prospective buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and consider a thorough inspection to understand the condition of the structure and foundation.
3. The living area is large, but the lot size is average. What does this mean?
This indicates the home makes efficient use of its property footprint, offering generous indoor living space on a standard city lot. It’s a plus if you prioritize interior space over extensive gardening or outdoor recreation areas.
4. Is the property a good value compared to the neighbourhood?
The data suggests it could be. The home’s living area is in the top 25% for North River Heights, yet its assessed value is in the bottom 25% for the area. This disconnect often highlights a value opportunity, where you get more house for a lower-than-typical price point in that specific locale.
5. Where can I get verified historical sale prices?
The site provides estimated sale price ranges. For fully verified and exact sale figures from the MLS, you must request them directly via email from the service, as industry rules prevent them from being published openly on the site.
