Property score
71.0
Good
Overall 71.0 · Newer than most nearby homes
1,261 sqft (bottom 33%) · 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
18% 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
71.0 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
337 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 427 m), 4 parks (nearest 402 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 30% | Top 45% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 337 Borebank Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 337 Borebank Street in North River Heights is a classic post-war property built in 1947, offering a balanced proposition in a desirable neighbourhood. With 1,261 sqft of living space and a 4,800 sqft lot, its size is comfortably average for the immediate street and area, suggesting it fits the neighbourhood's established character without being overly large or small.
The primary appeal lies in its strong value positioning. The home's assessed value of $486,000 ranks well above average for its street (top 16%) and city-wide (top 22%), indicating it is perceived as a higher-value property within its peer groups. This suggests potential for solid equity, whether the assessment reflects recent updates, a premium lot location, or the inherent desirability of Borebank Street itself. The home last sold in September 2020 for between $400,000 and $450,000, providing a recent benchmark.
This property would suit practical buyers looking for a home in a mature, stable neighbourhood without the footprint of a massive estate. It’s a sensible choice for first-time buyers moving into North River Heights, small families, or downsizers who value a manageable lot and interior space. The data suggests a buyer who prioritizes location and value retention over having the newest or largest home on the block.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value really indicate?
It means the city's assessment for this home is higher than most comparable properties on its street and across Winnipeg. This typically reflects the property's market value perception, which can be influenced by factors like lot desirability, specific upgrades, or simply the premium of this particular block.
2. Is a 1947 home likely to have major maintenance issues?
Being nearly 80 years old, major systems like roof, plumbing, wiring, and foundation should be carefully inspected. However, its build year is actually newer than the average for North River Heights, suggesting the neighbourhood is filled with well-maintained heritage of a similar vintage.
3. How does the lot size compare?
At 4,800 sqft, the lot is slightly smaller than the average on Borebank Street but very close to the average for North River Heights. It offers a standard urban yard—sufficient for gardening and recreation without being burdensome to maintain.
4. The sold price from 2020 seems lower than the current assessed value. Why?
The assessed value is an estimate for taxation purposes, not a direct market price. The 2020 sale price is a historical data point. The difference likely reflects general market appreciation over five years and the specific methodology used for assessment.
5. Where can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figure by emailing the site directly for a manual lookup, which they will provide without using your email for marketing.
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.
