Property score
65.0
Good
Overall 65.0 · Smaller than most nearby homes
1,096 sqft (bottom 23%) · 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, 4 parks, and 1 place of worship nearby
Living Area
Below average
29% 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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65.0 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
361 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 472 m), 4 parks (nearest 352 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 34% | Top 50% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 361 Borebank Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,096 sqft home, built in 1939, sits on a 4,680 sqft lot in the established North River Heights neighborhood. Its assessed value of $422k positions it as a competitively priced entry into this desirable area. The appeal lies in its balance: it offers a classic, character-filled home from a sought-after era, without the premium price tag often associated with larger or fully renovated properties in the vicinity. The lot size is typical for the local area, providing adequate outdoor space while maintaining a manageable scale.
This property would suit a first-time buyer or a downsizer seeking the character and stability of a mature neighborhood like North River Heights. It’s a practical choice for someone comfortable with a home of this vintage, who may see potential in updates over time. The data suggests it’s a "middle-of-the-road" option on its street and in its area—not the largest or newest, but also not the most expensive, representing a grounded opportunity in a well-regarded community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,096 sqft, the living area is moderately below the average for North River Heights homes but is closer to the citywide average. It offers a more compact footprint compared to many in the immediate area, which could mean lower utility costs and less maintenance.
2. Is the assessed value a good indicator of the likely selling price?
The $422k assessment is very close to the street average. Recent sold price data for the area (last sale was between $400k-$450k in mid-2023) suggests the assessment is in a realistic ballpark, but market conditions and the home’s specific condition will ultimately determine the sale price.
3. What should I consider with a home built in 1939?
While full of character, a home of this age will likely have original components, such as plumbing, electrical, or windows, that may need evaluation or updating. A thorough inspection is essential to understand the condition of these older systems and to plan for any future investments.
4. How does the lot size affect the property?
The lot is slightly smaller than others on Borebank Street but is very typical for North River Heights. It provides a decent yard space for a city home while possibly requiring less landscaping upkeep than a larger lot.
5. Where can I get verified historical sale data for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS database displayed on the site.
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