70.3
Good
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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
370 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 460 m), 3 parks (nearest 285 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 29% | Top 44% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 370 Borebank Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 370 Borebank Street in North River Heights presents a solid, middle-of-the-road offering in a well-established neighborhood. Built in 1940, it sits on a 4,800 sqft lot and features 1,248 sqft of living space. The data reveals a property that is consistently "around average" for its immediate street and neighborhood in terms of size, lot, and age. Its standout metric is the assessed value of $438k, which ranks in the top third citywide, suggesting the valuation recognizes the desirability of the location more than the physical attributes of the home itself.
The appeal lies in its positioning within a stable, mature community. It suits a practical buyer—perhaps a first-time homeowner or a downsizer—who values neighborhood character over a modern or expansive house. It represents an opportunity to enter a sought-after area without a premium price tag for the home's size, potentially allowing for budget to personalize or update the interior over time. A less obvious perspective is that its very "averageness" on the street could be a benefit, offering less risk of over-improvement compared to neighboring properties and providing a straightforward, blank-canvas foundation.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $400k-$450k in August 2021. Its current assessed value of $438k aligns closely with that sale range, indicating the assessment is grounded in recent market activity.
2. Is the house older than most in the city?
Yes. Built in 1940, it is older than about 80% of homes across Winnipeg. However, it is typical for the North River Heights area, where many homes date from a similar era.
3. How does the lot size compare?
At 4,800 sqft, the lot is slightly below the average for Borebank Street and North River Heights, but it is very close to the neighborhood norm. Citywide, it is just below the middle range, offering a standard urban yard.
4. What does the "top 30% citywide" ranking for value really mean?
This indicates that for its assessed value, this property is considered more valuable than 70% of homes across Winnipeg. This often reflects a combination of lot location, neighborhood demand, and the property's condition, rather than sheer size.
5. Where can I see more detailed context for this property?
A dedicated neighbourhood analysis page is available, showing this home on a map alongside nearby properties for direct comparison of year built, living area, assessed value, and lot size.
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.
