83.9
Excellent
Property score
83.9
Excellent
Overall 83.9
Larger and newer than most nearby homes
2,419 sqft (top 7%)
Built in 1949 (12 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
Above average
57% larger than neighborhood avg.
Year Built
Above average
12 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
83.9 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
463 Borebank Street — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 266 m), 1 education (nearest 397 m), 1 shopping (nearest 305 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 5% | Top 8% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 463 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home on Borebank Street is defined by its exceptional space, both inside and out. With 2,419 square feet of living area, it ranks in the top 1% of homes on its street and the top 4% city-wide, offering significantly more interior room than typical comparables. This is matched by a generous, private lot of nearly 9,000 square feet, placing it in the top 1% for land size within the desirable North River Heights neighbourhood. Built in 1949, the home is of a classic vintage for the area, suggesting enduring character and construction quality.
The appeal lies in securing a property that is a statistical standout in key metrics. It offers the rare combination of a large, established home on a sprawling lot in a prime location. The assessed value of $710k reflects this premium positioning, ranking in the top 3% on its street. This isn't just a house; it's a property with substantial physical assets.
This home would ideally suit buyers who prioritize space and established neighbourhoods over new construction. It’s a fit for families seeking room to grow, multigenerational living possibilities, or anyone who values extensive outdoor privacy close to city amenities. It also represents a solid, tangible asset for value-conscious buyers who understand the irreplaceable nature of large lots in mature, central communities.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $700,000 and $750,000 in August 2024. This sale price range aligns closely with its $710,000 assessed value, indicating the assessment accurately reflected its market value at that time.
2. Is the home newer or older than others nearby?
Built in 1949, the home is slightly newer than the average house in North River Heights (avg. 1937) and is typical for Borebank Street (avg. 1947). It is, however, older than the average Winnipeg home city-wide.
3. What does the lot size mean in practical terms?
At 8,998 sq. ft., the lot is over 70% larger than the average lot on Borebank Street. This allows for greater distance from neighbours, expansive gardens, potential for additions, or recreational space like a large patio or pool, which are uncommon in the heart of the city.
4. Are the "top X%" rankings reliable?
These rankings are based on verified municipal assessment data for specific metrics (living area, land area, value) compared to all properties on the same street, in the neighbourhood, and across Winnipeg. They provide a clear, data-driven context for how this property measures up against its peers.
5. How can I get the exact sold price?
The exact sold price is not publicly displayed due to industry data rules. You can request the precise figure by emailing the site directly; they will provide a manual lookup and send the information to you at no cost.
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.
