Property score
63.3
Fair
Overall 63.3 · Smaller than most nearby homes
907 sqft (bottom 9%) · 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, 3 parks, and 1 place of worship nearby
Living Area
Below average
41% 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)
770
480k
$319/sqft
1937
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63.3 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: #46111049
$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
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
303 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 374 m), 3 parks (nearest 413 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 | Top 47% | Bottom 41% | Top 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Bottom 43% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 303 Borebank Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous 6,001 sqft lot in the established North River Heights neighborhood. Built in 1930, its 907 sqft living area is notably compact compared to area averages, suggesting a classic, efficient layout. The assessed value of $363k sits below the neighborhood average, positioning it as a more accessible entry point into this desirable area.
The primary appeal lies in the land-to-structure ratio. The lot size ranks in the top 14% on its street and top 13% in North River Heights, offering significant outdoor space and potential for gardens, expansion, or future development, subject to zoning. This makes it a standout among similarly priced homes. It suits buyers prioritizing lot size over square footage—such as downsizers seeking private outdoor space, first-time buyers willing to renovate or expand over time, or investors attracted by the underlying land value in a prime location. Its recent sale history (2022, 2023) indicates a turnkey property, likely appealing to those wanting a manageable, low-maintenance home in a mature community without a major project.
Frequently Asked Questions
1. Is the house too small for a family?
While the living area is below average, the large lot provides crucial flexible space. It could suit a small or young family, especially if the layout is efficient or there is potential to finish a basement or add on in the future.
2. Why is the assessed value lower than the neighborhood average?
The assessment reflects the home's smaller size and age relative to many larger, updated homes in North River Heights. It primarily represents the value of the land combined with a modest-sized dwelling.
3. What does the recent sale activity indicate?
The property sold in 2022 and again in 2023. This could suggest recent updates or a quick resale, but it's important to request the exact sale price history (available via the site's email service) to understand the price trajectory and context.
4. How does the lot size compare to a typical city lot?
At just over 6,000 sqft, it is larger than the average lot in both North River Heights and on its own street, but is closer to the city-wide average. It offers more private outdoor space than most immediate neighbors.
5. What are the implications of a 1930s build?
This age brings character but requires diligent inspection for the condition of original systems like wiring, plumbing, and the foundation. It also falls within an era of homes known for solid construction and mature landscaping.
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