395 Borebank Street

North River Heights, Winnipeg

76.9

Good

Overall 76.9

Compared with neighbourhood average

1,528 sqft (top 45%)

Built in 1940 (3 yrs newer than avg)

Located in a high-income area

with median household income of ~133k

Transit 70.0

6-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 4 parks, and 1 place of worship nearby

Living Area

Near average

1% 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)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

76.9 is composed by the two sections below.

Property Score

66.2Good
Living Area1,528 sqft79Good
Year Built194024Low
Lot Size6,000 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111049

Community deep dive

$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

Population, labour & age

Population (2021)597
Labour force participation rate68%
Median age43.2
Avg household size2.4
Unemployment rate4%
Population density2985 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children30%
Median household income (2020)$133K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,528 sqft
0255075100
Same streetTop 14%Same areaTop 45%CitywideTop 29%
Same street · Borebank Street
#58 / 404
Top 14% · Avg 1,211 sqft
Same area · North River Heights
#967 / 2,168
Top 45% · Avg 1,540 sqft
Citywide · Winnipeg
#56,122 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 18%Same areaTop 36%CitywideTop 24%
Same street · Borebank Street
#73 / 404
Top 18% · Avg 426.2k
Same area · North River Heights
#788 / 2,168
Top 36% · Avg 479.3k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 32%Same areaTop 38%CitywideBottom 19%

Lot Size

above average
6,000 sqft
0255075100
Same streetTop 17%Same areaTop 13%CitywideTop 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

395 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 456 m), 4 parks (nearest 295 m).

Search radius
🍽️Dining1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 1/2021CA$400k–450k
Sold price

Same street

Top 38%

Same area

Bottom 48%

City-wide

Top 29%

Related homes

Highlights & common questions: 395 Borebank Street, Winnipeg

Property Overview: 395 Borebank Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, location, and established value. Built in 1940, it is a classic North River Heights property that sits on a generous 6,000 sqft lot, which is notably larger than most in the immediate area and neighbourhood. With 1,528 sqft of living space, it offers above-average roominess for its street and the city overall.

The appeal lies in its solid positioning within a desirable, mature neighbourhood. The assessed value of $477k reflects a home that is above average for its street and city-wide, yet sits around the typical mark for North River Heights itself, suggesting you are buying into the area without a significant premium for this specific property. It suits buyers looking for a character home with ample outdoor space, who appreciate the stability of an established community. It’s a practical choice for those who value a larger lot for gardening, recreation, or future expansion potential over a newer build. The data indicates it’s a property with strong fundamentals in its immediate context, rather than one that stands out for ultra-modern updates.


Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,528 sqft, the living area is above average for Borebank Street itself and for Winnipeg overall. Within the broader North River Heights area, it is very close to the typical home size.

2. Is the assessed value in line with the neighbourhood?
Yes. The $477k assessment is slightly above the average on its own street and for the city, but aligns closely with the average assessed value for the North River Heights neighbourhood.

3. What is the significance of the lot size?
The 6,000 sqft lot is a key feature. It ranks in the top 17% on Borebank Street and the top 13% in North River Heights, meaning it offers more outdoor space than most comparable properties in this sought-after area.

4. The home was built in 1940. Should I be concerned?
The age is typical for the neighbourhood, which is known for its well-maintained character homes. While modern systems and updates are always a consideration, the year built is consistent with the area’s charm. It ranks as newer than most homes city-wide.

5. Where can I see exact past sale prices for this property?
The provided data shows a sold price range from January 2021. To obtain fully verified, exact historical sale figures, you must request a manual lookup via email through the site, as this information is not displayed publicly due to industry data rules.

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