Property score
53.4
Fair
Overall 53.4 · Smaller and older than most nearby homes
869 sqft (bottom 7%) · Built in 1926 (11 yrs older than avg)
Located in a high-income area with median household income of ~101k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Below average
44% 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)
770
480k
$319/sqft
1937
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53.4 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
249 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 349 m), 3 parks (nearest 396 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 2% | Bottom 3% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 249 Borebank Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 249 Borebank Street in North River Heights is defined by its practicality and position within a desirable, established neighbourhood. Built in 1926, it is a century-old character home with a modest 869 sqft of living space and a 3,602 sqft lot, both notably smaller than area averages. Its assessed value of $321k is below the local neighbourhood average but aligns more closely with the wider Winnipeg average, presenting a relative value proposition.
The primary appeal lies in securing an entry point into the sought-after North River Heights community, known for its mature trees and central location, without the typical premium price tag. Its smaller scale translates to lower property taxes and manageable upkeep, a significant consideration for cost-conscious buyers. This property would suit a first-time homebuyer, a downsizer looking to rightsize, or an investor seeking a character home in a stable area. A thoughtful perspective is that its compact size and older vintage offer a chance for a mindful, lower-footprint lifestyle in a prime location, appealing to those who prioritize community amenities over square footage.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper" due to its age?
While being 100 years old suggests potential for older-home maintenance, the assessed value is stable. A pre-purchase inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation.
2. Why is the assessed value lower than the neighbourhood average?
The assessment reflects the home's smaller size and lot relative to most homes in North River Heights. It’s priced for its specific attributes, not the neighbourhood peak, which can be an advantage for affordability.
3. How does the smaller lot size impact the property?
The lot is functional but offers less private outdoor space than others on the street. This limits expansion potential but reduces yard maintenance—a trade-off that may appeal to those seeking a low-maintenance property.
4. The last sale was between $250k-$300k in 2020. What does that indicate?
This historical sale price suggests the property has appreciated in assessed value since then, consistent with market trends. It underscores the importance of a current market evaluation to determine its present-day listing and sale value.
5. Can I see the exact past sale prices?
The provided data shows approximate price ranges. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup from the site via email, as they do not display MLS records.
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