61.4
Fair
Property score
61.4
Fair
Overall 61.4
Smaller than most nearby homes
970 sqft (bottom 15%)
Built in 1941 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~103k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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61.4 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: #46111048
$103K
Median household income
$117K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
32%
Single-person households
29%
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
435 Borebank Street — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 340 m), 1 education (nearest 484 m), 1 shopping (nearest 394 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 | Bottom 38% | Bottom 32% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 435 Borebank Street, Winnipeg
Key Characteristics & Appeal
This 1941 home in North River Heights presents a practical opportunity. At 970 sqft, the living space is notably compact, ranking below average for both the street and the wider neighbourhood. This positions it as a more manageable, lower-maintenance footprint. Its primary appeal lies in its value proposition: with an assessed value of $345,000, it sits well below the neighbourhood average, offering a more accessible entry point into a desirable area. The lot size of approximately 5,400 sqft is a standout feature, offering above-average outdoor space for the immediate area, which is a significant asset for gardening, play, or future expansion.
The home would suit first-time buyers or downsizers seeking the established, tree-lined character of North River Heights without the typical price tag. Its size suggests efficiency over grandeur, appealing to those who prioritize location and lot over square footage. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—a chance to own a solid, older home on a good-sized lot where the value has historically been in the land and location, allowing new owners to tailor the space to modern needs over time.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value of $345k is a municipal benchmark for taxes, market conditions ultimately determine sale price. Notably, it's below average for North River Heights but closer to the city-wide average, suggesting its price reflects its smaller size within a premium area.
2. How does the home's size compare to others nearby?
At 970 sqft, the living area is smaller than most comparable homes on Borebank Street and in North River Heights. This indicates a cozier, more efficient layout rather than a sprawling one.
3. What are the implications of the larger lot size?
The 5,399 sqft lot is larger than many in North River Heights. This provides valuable outdoor space and could offer potential for additions, a garden, or landscaping projects that wouldn't be possible on a standard lot in the area.
4. What is the historical sales context for this property?
Public records indicate it last sold in July 2021 for between $350,000 and $400,000. For precise historical sale figures, a manual lookup through the site's service is recommended.
5. Are there similar homes available for comparison?
Nearby properties like 480 Borebank St. (836 sqft, $317k assessed) and 454 Campbell St. (1,152 sqft, $390k assessed) provide useful benchmarks for size and value in the immediate vicinity.
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