301 Borebank Street

North River Heights, Winnipeg

Property score

73.3

Good

Overall 73.3 · Compared with neighbourhood average

1,430 sqft (bottom 48%) · Built in 1930 (7 yrs older than avg)

Located in a high-income area with median household income of ~133k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

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Property score

73.3 is composed by the two sections below.

Property Score

60.2Fair
Living Area1,430 sqft75Good
Year Built193022Low
Lot Size4,561 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111049

Community deep dive

$133K

Median household income

$134K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)597
Labour force participation rate68%
Median age43.2
Avg household size2.4
Unemployment rate4%
Population density2985 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children30%
Median household income (2020)$133K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,430 sqft
0255075100
Same streetTop 21%Same areaBottom 48%CitywideTop 34%
Same street · Borebank Street
#85 / 404
Top 21% · Avg 1,211 sqft
Same area · North River Heights
#1,128 / 2,168
Bottom 48% · Avg 1,540 sqft
Citywide · Winnipeg
#66,478 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetTop 20%Same areaTop 38%CitywideTop 24%
Same street · Borebank Street
#81 / 404
Top 20% · Avg 426.2k
Same area · North River Heights
#829 / 2,168
Top 38% · Avg 479.3k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 18%Same areaBottom 48%CitywideBottom 18%

Lot Size

around average
4,561 sqft
0255075100
Same streetBottom 23%Same areaBottom 33%CitywideBottom 35%

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

301 Borebank Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 369 m), 2 parks (nearest 416 m).

Search radius
🏫Education1
🌳Parks2
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 4/2019CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 40%

City-wide

Top 24%

Related homes

Highlights & common questions: 301 Borebank Street, Winnipeg

Property Overview: 301 Borebank Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 301 Borebank Street in North River Heights presents a compelling mix of established character and solid value. Built in 1930, it is a mature property on a standard city lot. Its key appeal lies in its above-average living space (1,430 sq ft) and assessed value ($473k) compared to other homes on its street and across Winnipeg, suggesting a well-sized home with strong relative valuation in its immediate context.

The data indicates a thoughtful perspective: this isn't the newest or largest lot on the block, but it offers more interior space than many neighbours. This creates an efficient use of the property, potentially offering more home for the dollar within a sought-after neighbourhood. It would suit buyers who appreciate the established charm and tree-lined streets of North River Heights and are looking for a home with a proven, stable footprint rather than a new build or a massive yard. It's a practical choice for someone seeking character without the extreme upkeep of a century home, positioned as a strong, middle-range option in the area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to nearby recent sales?
The home last sold between $400k-$450k in April 2019. Its current assessed value of $473k is above average for its street and the city, indicating perceived growth and solid standing. For exact historical sale prices, a manual lookup can be requested.

2. Is the lot size a disadvantage?
At 4,561 sq ft, the lot is slightly smaller than the average on Borebank Street but is very typical for North River Heights overall. It represents a lower-maintenance yard while still providing outdoor space, which can be a benefit for many buyers.

3. What does the "above average" living area mean practically?
With 1,430 sq ft, this home offers more interior space than approximately 80% of the homes on its street. This means you're likely getting more room—perhaps an extra bedroom, larger living areas, or more functional layout—than many direct neighbours.

4. Should I be concerned about the age of the home (built 1930)?
The age is typical for the neighbourhood, which is full of character homes from this era. While it implies a need for a thorough inspection for updates to wiring, plumbing, or insulation, it also comes with the established charm, mature landscaping, and sturdy construction common in the area.

5. How does the assessed value relate to the likely selling price?
The assessed value ($473k) is for municipal tax purposes and is a strong indicator of the city's valuation. It sits between the local area average and the higher city-wide average, suggesting a well-regarded property. Market conditions, specific updates, and buyer demand will ultimately determine the final sale price.

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