66.6
Good
Property score
66.6
Good
Overall 66.6
Smaller and older than most nearby homes
1,160 sqft (bottom 26%)
Built in 1925 (12 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, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
12 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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66.6 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
262 Borebank Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 292 m), 2 parks (nearest 454 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 27% | Bottom 22% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 262 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a classic Winnipeg character property built in 1925, situated on a notably generous 6,004 sqft lot in the established North River Heights neighborhood. Its key appeal lies in the balance between a modestly sized, 1,160 sqft house and a land parcel that is well above average for both the immediate street and the broader area. This creates significant potential for expansion, gardening, or outdoor living.
The assessed value of $396k is comfortably below the North River Heights average, suggesting a relatively accessible entry point into the neighborhood. The data indicates a home that is not the largest or newest on the block, but one that offers a substantial and valuable piece of land. It would particularly suit a buyer who values lot size over finished living space, such as someone looking for a character home with room to grow, a first-time buyer prioritizing location and land, or an investor recognizing the underlying value of the property footprint. Its older vintage means charm and potential heritage elements, but also necessitates a practical mindset for maintenance and updates.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 6,004 sqft lot is a standout feature, ranking in the top 11% for size on Borebank Street and within the North River Heights area, offering more space than most comparable neighboring properties.
2. Is the assessed value in line with the neighborhood?
The $396k assessment is below the North River Heights average of approximately $479k, but is around the city-wide average. This suggests the valuation reflects the home’s older age and smaller living area, rather than its desirable location and lot size.
3. What should I consider about the home’s age?
Built in 1925, the home is older than most in its immediate vicinity. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider the charm and character of a century-old home alongside its maintenance needs.
4. What was the previous sale price?
Records indicate a sale in December 2020, with a publicly listed price range between $300,000 and $350,000. For verified, exact historical sale figures, a manual lookup through the site is required.
5. How does the living space feel for a family?
At 1,160 sqft, the living area is below the average for North River Heights. It would suit a small family, a couple, or a buyer for whom the generous yard and neighborhood are higher priorities than expansive indoor square footage. The layout and flow of a 1925 home will be a key factor in livability.
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