Property score
58.2
Fair
Overall 58.2 · Smaller and older than most nearby homes
932 sqft (bottom 12%) · Built in 1924 (13 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, and 1 place of worship nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
13 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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58.2 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
233 Borebank Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 362 m), 2 parks (nearest 400 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 | Bottom 7% | Bottom 6% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 233 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is a classic 1924 bungalow in the established North River Heights neighbourhood. At 932 sqft, its living space is notably compact compared to area averages, suggesting a efficient, manageable layout. The assessed value of $347k sits below the neighbourhood average, positioning it as a more accessible entry point into this desirable area. The lot size of 4,563 sqft is fairly typical for the local streetscape.
The primary appeal lies in its value proposition within a prime location. It suits first-time buyers or downsizers seeking a lower-cost foothold in a mature, well-regarded community without a large or high-maintenance property. Its century-old character may attract those who appreciate historic homes, though it implies a need for careful attention to maintenance and potential updates. A thoughtful perspective is that its below-average metrics for the immediate area could represent an opportunity for value growth through thoughtful renovations, making it a candidate for a buyer with a medium-term vision and a renovation budget.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on the assessed value, this home is priced below the average for both Borebank Street and North River Heights overall, offering a more affordable entry into the area. Its city-wide assessment is around average, highlighting the premium typically associated with this neighbourhood.
2. How does the home's size compare to others?
The living area is smaller than most comparable homes on the street, in the neighbourhood, and across Winnipeg. This indicates a cozy, efficient layout rather than a spacious one, which aligns with its era and can mean lower utility costs.
3. What should I consider about the age of the home?
Built in 1924, it is among the older homes on the street. This age brings character but also necessitates a thorough inspection for foundational integrity, plumbing, electrical systems (like knob-and-tube wiring), and insulation to understand any needed updates or associated costs.
4. What is the potential for expansion or renovation?
The lot size is relatively standard for the area. While not oversized, there may be potential for additions or landscaping projects, subject to local zoning bylaws. The existing smaller footprint could allow for a thoughtful reconfiguration or expansion to modernize the living space.
5. Can I find out the exact historical sale price?
The available data shows a sold price range of CA$250k–300k in September 2017. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records.
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