58.5
Fair
Property score
58.5
Fair
Overall 58.5
Smaller but newer than most nearby homes
886 sqft (bottom 8%)
Built in 1945 (8 yrs newer than avg)
Located in a high-income area
with median household income of ~103k
Transit 74.0
3-min walk to transit with 2 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
42% smaller than neighborhood avg.
Year Built
Above average
8 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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58.5 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
455 Borebank Street — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 274 m), 1 education (nearest 408 m), 1 shopping (nearest 317 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 44% | Bottom 44% | Top 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 10% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 455 Borebank Street, Winnipeg
Key Characteristics & Buyer Profile
This home at 455 Borebank Street in North River Heights is a classic, compact post-war property built in 1945. Its key characteristic is a clear value proposition centered on land and location rather than interior size. With a living area of 886 sq ft, the home is notably smaller than most in the neighbourhood and city-wide, placing it in the bottom 15% for space. However, it sits on a slightly above-average lot for the area at over 5,150 sq ft, offering valuable outdoor space and potential.
Its appeal lies in its efficient footprint within a desirable, established neighbourhood. The assessed value of $400k is very close to the city-wide average, suggesting the price reflects the premium for the location and lot, not the home's square footage. Recent sale history indicates active market interest. This property would best suit a first-time buyer, downsizer, or pragmatic investor seeking an entry point into North River Heights. It’s for someone who values a large yard, character, and community over a large interior, and who may see potential in updating or expanding the existing structure over time.
Frequently Asked Questions
1. Is the house too small?
At 886 sq ft, it is significantly smaller than the average North River Heights home (approx. 1,540 sq ft). It would suit a single person, a couple, or a small family comfortable with a more efficient layout, prioritizing location and yard space.
2. How does the assessed value compare?
The $400k assessment is around average for the city but below average for North River Heights. This indicates you are paying for a desirable address, but the valuation is tempered by the home's smaller size and age relative to others in the immediate area.
3. What does the sale history tell us?
The property sold twice in under a year (Oct 2023 and May 2024). This could indicate investor activity, a quick renovation resale, or simply a fast-moving market. It underscores the property’s marketability in this price range.
4. Is the lot size a advantage?
Yes. The 5,159 sq ft lot is above the neighbourhood average. For a smaller home, this is a significant asset, providing generous outdoor space, privacy, and future potential like a garden, addition, or garage.
5. What are the less obvious considerations?
Built in 1945, the home is newer than many in North River Heights, which may mean slightly updated building materials or systems compared to its peers. However, as an 80-year-old house, a thorough inspection of its major systems (roof, wiring, plumbing, foundation) is essential to understand any needed investments.
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