67.3
Good
Property score
67.3
Good
Overall 67.3
Smaller than most nearby homes
1,186 sqft (bottom 27%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% 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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67.3 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
371 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 496 m), 4 parks (nearest 330 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%
371 Borebank Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 371 Borebank Street, Winnipeg
Key Characteristics & Appeal
This home at 371 Borebank Street in North River Heights is a practical, mid-century property that presents a balanced value proposition. Built in 1939, it offers 1,186 sqft of living space on a 4,320 sqft lot, with an assessed value of $400,000. Its appeal lies in its positioning as a relatively affordable entry point into a desirable, established neighbourhood. Compared to its immediate street and the wider city, its living area and assessed value are around average, suggesting it’s priced in line with core fundamentals. However, within the broader North River Heights area, both its size and value sit below the local average, indicating it may offer more square footage and land for your dollar in a pricier district.
The property would suit first-time buyers or downsizers seeking the mature tree-lined streets and convenience of River Heights without the premium for a larger, fully renovated character home. It’s a candidate for those comfortable with a home of its era, possibly seeing value in its smaller, more manageable lot for lower maintenance. A thoughtful perspective is that its "below average" metrics for the area aren't necessarily drawbacks, but rather what make it accessible. It represents the fabric of the neighbourhood—a solid, no-frills home where investment can be directed gradually toward modernization.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The site indicates no direct sales history is displayed for this listing. You can request exact historical sales figures by email, and the team will provide a manual lookup.
2. Is the lot size a disadvantage?
At 4,320 sqft, the lot is smaller than many on Borebank Street. However, it is near the city-wide average and may appeal to those seeking lower outdoor maintenance while still having private yard space.
3. What should I consider about a home built in 1939?
While the structure is from 1939, key systems (roof, wiring, plumbing, insulation) have likely been updated over time. A thorough inspection is essential to understand the condition and to budget for any needed upgrades common to homes of this era.
4. The assessed value is $400k; what does that mean for the likely selling price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. Market value is determined by current supply, demand, and the home’s specific condition. It does, however, provide a benchmark for comparison.
5. Can I see how this property compares visually to its neighbours?
Yes, you can open the neighbourhood map analysis page to see this property in context with nearby houses, comparing details like year built 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.
