230 Borebank Street

North River Heights, Winnipeg

Property score

54.0

Fair

Overall 54.0 · Smaller and older than most nearby homes

884 sqft (bottom 8%) · Built in 1926 (11 yrs older than avg)

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

Transit 68.0 · 3-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

43% smaller than neighborhood avg.

Year Built

Below average

11 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

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

54.0 is composed by the two sections below.

Property Score

33.0Low
Living Area884 sqft32Low
Year Built192620Low
Lot Size4,203 sqft53Fair
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

below average
884 sqft
0255075100
Same streetBottom 14%Same areaBottom 8%CitywideBottom 15%
Same street · Borebank Street
#349 / 404
Bottom 14% · Avg 1,211 sqft
Same area · North River Heights
#1,998 / 2,168
Bottom 8% · Avg 1,540 sqft
Citywide · Winnipeg
#165,107 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

around average
398k
0255075100
Same streetBottom 42%Same areaBottom 26%CitywideTop 39%
Same street · Borebank Street
#234 / 404
Bottom 42% · Avg 426.2k
Same area · North River Heights
#1,602 / 2,168
Bottom 26% · Avg 479.3k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

below average
1926
0255075100
Same streetBottom 10%Same areaBottom 27%CitywideBottom 15%

Lot Size

below average
4,203 sqft
0255075100
Same streetBottom 17%Same areaBottom 9%CitywideBottom 29%

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

230 Borebank Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 311 m), 2 parks (nearest 458 m).

Search radius
🏫Education1
🌳Parks2
Fuel Stations1
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 6/2020CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Bottom 30%

City-wide

Top 43%
Sold 3/2017CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 6%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 230 Borebank Street, Winnipeg

Property Summary: 230 Borebank Street, Winnipeg

Key Characteristics & Appeal

This home at 230 Borebank Street in North River Heights is a compact, century-old property built in 1926, offering a unique value proposition. Its key characteristic is its modest scale: with 884 sqft of living space on a 4,203 sqft lot, it is notably smaller than most comparable homes in its immediate area and across Winnipeg. This results in a below-average assessed value for the neighbourhood ($398k vs. a local average of ~$479k), positioning it as a more accessible entry point into the desirable River Heights area.

The appeal lies in this very accessibility. It suits first-time buyers or downsizers seeking the established community, mature streetscapes, and convenience of River Heights without the premium price tag of a larger, updated home. It represents a "foot-in-the-door" opportunity, where the land and location hold significant value. A thoughtful perspective is that its smaller size and lot could mean lower maintenance costs and utility bills, appealing to those seeking a simpler, more efficient lifestyle. The property’s history shows steady appreciation, having sold in the $250k-$300k range in 2017 and $350k-$400k in 2020. It is not a fit for those requiring substantial space or a modern, turn-key home, but is ideal for buyers with a vision for gradual updates or who prioritize location over square footage.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
Based on assessed value, this home is priced below the North River Heights average, offering a chance to enter the neighbourhood at a lower price point. You are paying primarily for location, with the understanding the home itself is smaller and older than area norms.

2. What should I consider about a 100-year-old home?
While full of character, a home from 1926 will likely require careful attention to aging components like plumbing, electrical, and the foundation. A thorough inspection is essential. However, such well-built older homes often feature quality materials no longer standard.

3. How does the smaller lot size impact me?
The lot is smaller than most on the street and in the area. This means less outdoor maintenance but also limited space for expansions, large gardens, or additions. It’s a practical yard size for simple landscaping or a patio.

4. The sold price is shown as a range. How do I find the exact amount?
The site provides sold price ranges based on public data. To receive the exact historical sale figures, you must request them via email from the site provider, as they manually look up and share this information due to industry data restrictions.

5. What are the realistic possibilities for expanding this home?
Given the smaller lot, any significant expansion would require a careful review of zoning bylaws for setbacks and floor-area ratios. A lateral addition may be challenging, making a well-designed renovation of the existing footprint or a vertical addition (subject to regulations) more likely paths to increase space.

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.