201 Borebank Street

North River Heights, Winnipeg

Property score

49.8

Below average

Overall 49.8 · Smaller than most nearby homes

784 sqft (bottom 3%) · Built in 1927 (10 yrs older than avg)

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

Transit 76.0 · 2-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

Below average

49% smaller than neighborhood avg.

Taon ng Paggawa

Below average

10 yrs older 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

49.8 is composed by the two sections below.

Property Score

25.9Low
Living Area784 sqft22Low
Taon ng Paggawa192720Low
Lupa3,963 sqft46Low
Neighbourhood Sales Activity37Low

Community Score

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

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

mas mababa sa average
784 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 8%
Same street · Borebank Street
#385 / 404
Bottom 5% · Avg 1,211 sqft
Same area · North River Heights
#2,110 / 2,168
Bottom 3% · Avg 1,540 sqft
Citywide · Winnipeg
#178,771 / 194,458
Bottom 8% · Avg 1,342 sqft

Assessed Value

karaniwan
339k
0255075100
Same streetBottom 14%Same areaBottom 7%CitywideBottom 42%
Same street · Borebank Street
#347 / 404
Bottom 14% · Avg 426.2k
Same area · North River Heights
#2,009 / 2,168
Bottom 7% · Avg 479.3k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Taon ng Paggawa

karaniwan
1927
0255075100
Same streetBottom 12%Same areaBottom 32%CitywideBottom 16%

Lupa

mas mababa sa average
3,963 sqft
0255075100
Same streetBottom 12%Same areaBottom 6%CitywideBottom 25%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

201 Borebank Street — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 405 m), 4 parks (nearest 398 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%

Kasaysayan ng Benta

Naibenta 11/2016CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 2%

Parehong lugar

Bottom 3%

Buong lungsod

Bottom 24%

Related homes

Mga tampok at karaniwang tanong: 201 Borebank Street, Winnipeg

Property Overview: 201 Borebank Street, Winnipeg

Key Characteristics & Buyer Appeal

This home at 201 Borebank Street is a compact, character property built in 1927, situated in the established North River Heights neighbourhood. With 784 square feet of living space on a 3,963 sqft lot, it is notably smaller than most homes on its street, in the area, and across Winnipeg. Its current assessed value of $339,000 is below the local average but aligns more closely with the city-wide benchmark.

The primary appeal lies in its position as a relatively affordable entry point into a desirable, mature neighbourhood. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with the potential to renovate or update over time. A thoughtful perspective is that its smaller scale and below-average lot size translate to lower utility costs, less upkeep, and a more manageable footprint—appealing for those prioritizing location and simplicity over space. Its "around average" city-wide assessment, despite its smaller size, underscores the value of its neighbourhood. The data suggests it last sold between 2016-2021 for an estimated $250k-$300k, indicating a history of being a value-oriented option.

Frequently Asked Questions

1. Is this a small house?
Yes. At 784 sqft, its living area is significantly below the average for North River Heights (1,540 sqft) and even below the Winnipeg average (1,342 sqft). It is among the smaller 5% of homes on Borebank Street itself.

2. Why is the assessed value lower than many neighbours?
The assessed value reflects factors including the home's smaller size, older age, and potentially more modest finishes compared to larger, updated homes in the area. It ranks in the bottom 15% for value on its street but is near the city's median, highlighting the premium typically attached to this neighbourhood.

3. What does the year built (1927) mean for a buyer?
It indicates a character home likely with classic architectural details. Buyers should budget for potential updates to older mechanical systems, windows, or insulation to improve efficiency, which is common for homes of this vintage.

4. How does the lot size compare?
The lot is 3,963 sqft, which is smaller than the typical lot on the street and in the area. This means less yard maintenance but also less private outdoor space than many surrounding properties.

5. Where can I get exact historical sale prices?
The website provides sold price ranges for general reference. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email through the site's provided form.

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