Property score
58.5
Fair
Overall 58.5 · Smaller than most nearby homes
816 sqft (bottom 4%) · Built in 1939 (2 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Below average
47% smaller than neighborhood avg.
Year Built
Near average
2 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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58.5 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
327 Borebank Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 406 m), 4 parks (nearest 406 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 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: 327 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 816 sqft bungalow, built in 1939, sits on a standard 5,041 sqft lot in the established North River Heights neighborhood. Its core appeal lies in its position as a competitively priced entry point into a desirable area. With an assessed value of $375,000, it sits notably below the average for both its street and neighborhood, while being closer to the Winnipeg-wide average. This presents a value proposition for gaining access to the community's mature trees, quiet streets, and amenities.
The home’s living area is compact, ranking in the lower tier compared to most peers locally. This characteristic defines its ideal buyer: a first-time homebuyer, a downsizer, or an investor seeking a manageable property. It suits those who prioritize location and lot potential over immediate square footage, as the modest interior may require efficient use of space or future expansion. A thoughtful perspective is that its lower assessment, relative to the area, could provide a slightly softer entry point for property taxes. Its last known sale was between $400k-$450k in mid-2021.
Frequently Asked Questions
1. Is the house particularly small for the area?
Yes. The living area of 816 sqft is significantly below the local averages for North River Heights (approx. 1,540 sqft) and even for Borebank Street itself (approx. 1,211 sqft). It is one of the more compact homes in the vicinity.
2. How does the assessed value compare?
The $375,000 assessment is below the neighborhood average but around the middle compared to all Winnipeg homes. This suggests you may be paying less for the location than many neighbors did, though market value can differ.
3. What can you tell me about the last sale?
Public records indicate the property sold in June 2021 for a price between $400,000 and $450,000. For verified, exact historical sale figures, a manual records lookup is required.
4. Is the lot size a positive feature?
The lot is fairly typical for the immediate area, at just over 5,000 sqft. It is not unusually large or small for North River Heights, but it is smaller than the city-wide average lot.
5. What are the possible implications of the 1939 build date?
Built 87 years ago, the home is older than most on its street. This typically means potential for classic architectural charm but also underscores the importance of a thorough inspection to understand the condition of major systems, insulation, and any updates.
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