Property score
49.8
Below average
Overall 49.8 · Smaller than most nearby homes
791 sqft (bottom 3%) · Built in 1928 (9 yrs older than avg)
Located in a high-income area with median household income of ~101k
Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 2 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Below average
49% smaller than neighborhood avg.
Year Built
Below average
9 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
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49.8 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
220 Borebank Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 319 m), 2 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 34% | Bottom 49% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 220 Borebank Street, North River Heights
Key Characteristics & Buyer Profile
This home is a compact, nearly century-old property on a standard lot in the established North River Heights neighborhood. Its key characteristic is its modest scale: at 791 sqft, its living area is notably smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value of $360k, which sits below the local average but aligns closely with the city-wide median. Built in 1928, it is older than many comparable properties.
The appeal lies in its position as a potentially more accessible entry point into a desirable, mature neighborhood. For the right buyer, the below-average size and value translate to a lower property tax burden and a more manageable maintenance footprint. It would suit a first-time buyer, a downsizer, or an investor seeking a character home in a prime location without the premium price tag of a larger, updated property. A thoughtful perspective is that this home represents the "bones" of the neighborhood—it offers the location and lot but presents a clear opportunity for expansion or renovation for a buyer with a vision, compared to a already-maximized modern build.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $360k is for municipal tax purposes. The last sold price in mid-2022 was in the $400k-$450k range, and market conditions have changed since then. A current market evaluation is essential.
2. How much of a factor is the smaller living space?
At 791 sqft, the home is significantly cozier than the neighborhood average. This is the defining trade-off for the location. It necessitates efficient use of space and may not suit those needing multiple bedrooms or dedicated work-from-home areas without planning for an addition.
3. What are the implications of the home's age (built in 1928)?
Age brings character but also requires diligent inspection. Potential buyers should budget for and investigate the condition of major aging components like the roof, plumbing, electrical systems, and the foundation, which are common focal points in homes of this vintage.
4. The lot size is also noted as below average. Is outdoor space limited?
At just under 4,000 sqft, the lot is smaller than many in the city but is reasonably aligned with older neighborhood parcels. It provides standard yard space for a home of this era but may not accommodate a large addition without compromising outdoor area.
5. How can I verify the exact historical sale prices?
The site provides sold price ranges based on public data. To obtain verified, exact sale figures from the MLS, you must request them directly via email, as industry rules prevent their direct publication on third-party websites.
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