73.8
Good
Property score
73.8
Good
Overall 73.8
Newer than most nearby homes
1,444 sqft (top 50%)
Built in 1956 (19 yrs newer 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, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer 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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73.8 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
312 Borebank Street — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 336 m), 3 parks (nearest 434 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 21% | Bottom 18% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 312 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,444 sqft home, built in 1956, presents a compelling mix of established neighbourhood charm and practical value. Its primary appeal lies in its efficient use of space and its strong position within the immediate area. The living area is notably above average for Borebank Street itself, suggesting a home that offers more interior space than many of its direct neighbours. With an assessed value of $470,000, it sits above average both on its street and city-wide, indicating a perceived premium for its specific location and attributes.
A thoughtful perspective is its lot size of 3,000 sqft, which is smaller than most in North River Heights. This could be a draw for buyers seeking lower exterior maintenance without sacrificing interior space, or it may indicate a more compact, manageable yard. The home is newer than most in the desirable North River Heights area, potentially meaning fewer concerns related to the aging infrastructure common in century-old homes, while still offering established tree-lined streets.
This property would suit buyers looking for a move-in ready home in a prime, central neighbourhood who prioritize interior space and modern conveniences over a large garden. It’s also a sensible option for those who want to be in North River Heights but may find the upkeep of a larger, older property daunting.
Frequently Asked Questions
1. How does the lot size impact the property?
The 3,000 sqft lot is significantly smaller than the North River Heights average. This translates to less yard maintenance, which can be a benefit, but also means limited private outdoor space and potentially less distance from neighbouring homes.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($470k) is for municipal tax purposes and is a useful benchmark. Notably, it is above average for the street and city. However, market conditions, the home’s interior condition, and recent renovations will ultimately determine the sale price.
3. The home sold in 2017. What can that price tell me?
The previous sale (2017) fell in the $300k-$350k range. This historical data is helpful to see market trajectory, but it reflects the market of seven years ago and should not be used as a direct indicator of current value.
4. What does it mean that the home is "newer" for this area?
Built in 1956, this home is among the more modern in North River Heights, where many homes are from the 1920s-1940s. This can suggest updates to foundational elements like wiring, plumbing, and insulation, though specific condition depends on subsequent renovations.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures directly from the site via email, which they will provide manually.
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