Property score
63.0
Fair
Overall 63.0 · Smaller but newer than most nearby homes
966 sqft (bottom 15%) · Built in 1947 (10 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, 4 parks, and 1 place of worship nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Above average
10 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
63.0 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
335 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 420 m), 4 parks (nearest 407 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 31% | Top 48% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 335 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This is a classic 1947 home in the established North River Heights neighborhood, offering a grounded opportunity in the Winnipeg market. Its key characteristic is a balance of a modestly-sized 966 sqft house on a generous and above-average 5,401 sqft lot for the area. This presents a classic "value in the land" scenario, where the property's appeal lies in its potential rather than its current footprint. The assessed value of $387k is notably below the neighborhood average, suggesting a more accessible entry point into this desirable area.
The home would suit a few specific buyer types. First, it's a candidate for a renovator or builder looking for a solid lot to update the existing home or explore future expansion, given the lot size. Second, it could appeal to a pragmatic first-time buyer prioritizing location over move-in-ready size, who is comfortable with a home that is smaller and older than the area norm. Finally, it represents a strategic purchase for an investor seeking a property in a stable neighborhood where the land itself forms a strong base of the asset's value.
A less obvious perspective is that its "below average" size and value within North River Heights might offer a buffer against market volatility, appealing to those seeking a sensible, long-term hold in a prime location without the premium price tag of the area's larger homes.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its age (built in 1947), buyers should budget for updates consistent with a home of this era. The below-average assessed value compared to the neighborhood may reflect the need for modernization, so a thorough inspection is essential.
2. How does the lot size compare to others?
The land is a standout feature. At 5,401 sqft, it's larger than most lots in North River Heights, ranking in the top 25% for the area. This offers more outdoor space and potential than is typical.
3. What does the sold price history indicate?
Records show it last sold in May 2022 for between $400k and $450k. This recent sale price range, slightly above the current assessed value, provides a useful benchmark for recent market activity on the property.
4. Is this a good value for the neighborhood?
The data suggests it is priced accessibly for North River Heights. With an assessed value significantly below the neighborhood average, it represents one of the more affordable entry points into the area, though this is balanced by the home's smaller living area.
5. What is the immediate neighborhood like?
The listing shows several nearby properties on Borebank Street with similar vintage, indicating a streetscape of well-established, character homes. This consistency often contributes to stable property values and a cohesive community feel.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
