Property score
71.8
Good
Overall 71.8 · Compared with neighbourhood average
1,320 sqft (bottom 38%) · 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, 4 parks, and 1 place of worship nearby
Living Area
Below average
14% 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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71.8 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
305 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 379 m), 4 parks (nearest 411 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 34% | Bottom 30% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 305 Borebank Street, Winnipeg
Key Characteristics & Appeal
This 1,320 sqft home, built in 1930, sits on a 4,681 sqft lot in the established North River Heights neighborhood. Its core appeal lies in a value-oriented position within a desirable area. The living space is notably above average for Borebank Street itself, suggesting a well-sized home for its immediate setting. However, its assessed value is below average for both the street and the wider neighborhood, which may indicate a relative value opportunity or reflect the home’s age and potential update needs.
This property would suit a pragmatic buyer who prioritizes location and space over modern finishes. It’s a candidate for those comfortable with a home from the 1930s, possibly looking for a character property to gradually personalize. The data suggests it may offer more interior space per dollar in this locale compared to some neighbors, appealing to first-time buyers or investors seeking entry into North River Heights. A thoughtful perspective is that its "below average" assessment for the area could provide a slightly more manageable property tax burden relative to nearby homes, which is a lasting, less obvious financial benefit.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($356k) is used for calculating property taxes and often lags behind current market conditions. The final sale price is determined by the market.
2. What does the "Sold 7/2023 CA$350k–400k" price range indicate?
This shows the home was sold in July 2023 for an amount within that $50k band. To obtain the exact historical sale price, you must request it via email from the site, as per their data notes.
3. The home is older than most on the street. Should I be concerned?
A 1930 build means character and likely a mature lot, but it necessitates a thorough inspection. Budgeting for potential updates to systems, insulation, or windows is prudent. Its age is typical for many homes in the broader neighborhood.
4. How does the lot size compare?
At 4,681 sqft, the lot is slightly below the average for Borebank Street but is generally in line with the average for North River Heights. It provides standard outdoor space for the area.
5. Why is the living area "above average" for the street but the assessed value is "below average"?
This contrast is key. It often means you are getting more square footage for your money here than with neighboring properties. The lower assessment may reflect the home’s older age, condition, or specific features that affect its tax valuation compared to updated or larger homes on the street.
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