Property score
70.3
Good
Overall 70.3 · Compared with neighbourhood average
1,248 sqft (bottom 32%) · Built in 1940 (3 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, 3 parks, and 1 place of worship nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Near average
3 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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70.3 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
368 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 450 m), 3 parks (nearest 293 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 35% | Bottom 49% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 368 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 368 Borebank Street is a classic North River Heights property built in 1940, offering a balanced and established residential profile. Its primary appeal lies in its strong value proposition within a desirable neighbourhood. With 1,248 sqft of living space on a 4,800 sqft lot, the home sits comfortably around the average for its immediate street and area, suggesting a typical, manageable size for the location.
A key characteristic is its assessed value of $465,000, which ranks above average both on its street (top 23%) and city-wide (top 26%). This indicates the property is perceived as a solid asset relative to many peers, potentially due to its lot, condition, or specific location on the block. As a home from 1940, it is older than the typical Winnipeg house, which may appeal to buyers interested in classic character and the established streetscapes of North River Heights, though it implies a need for diligence regarding updates and maintenance.
This property would best suit practical buyers looking for a home in a prime neighbourhood without an extreme premium. It’s a fit for those who value space and lot size that are proportional and manageable, not oversized. It would also appeal to a value-conscious buyer who sees potential in a home that holds a strong assessed value position, possibly as a stable long-term holding in a mature community.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,248 sqft, the living area is very close to the average for Borebank Street itself (~1,211 sqft). It is somewhat smaller than the broader North River Heights average, indicating it’s a moderately sized home for this neighbourhood.
2. The assessed value seems high relative to some averages. What does that mean?
The $465,000 assessment ranks well above the city-wide average and is strong for the street. This typically reflects the city’s valuation of the property’s worth relative to its attributes and market area, which can be a positive indicator for equity, though the final market price is determined by buyers.
3. What should I consider about a home built in 1940?
Homes of this age offer charm and established neighbourhoods but require attention to aging components. A thorough inspection is essential to understand the condition of the roof, wiring, plumbing, windows, and insulation, and to plan for any necessary updates or maintenance.
4. Is the lot size typical?
Yes. The 4,800 sqft lot is very close to the average for both Borebank Street and the North River Heights area, providing a standard yard space for the community—neither exceptionally large nor small.
5. Can I find out the exact historical sale price?
The listed sold price range is from public data. For fully verified and exact sale figures from the MLS, you must request a manual lookup from the site provider, as those records are not displayed publicly due to industry regulations.
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