Property score
57.8
Fair
Overall 57.8 · Smaller but newer than most nearby homes
847 sqft (bottom 6%) · Built in 1946 (9 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
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Above average
9 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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57.8 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
466 Borebank Street — 11 amenities found within 500 m, across 5 categories, including 4 dining (nearest 313 m), 1 education (nearest 348 m), 1 shopping (nearest 346 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 41% | Bottom 46% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 466 Borebank Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 847 sqft home built in 1946 on a 4,799 sqft lot in North River Heights. The data reveals a property of contrasts: its living space is notably smaller than most homes on its street, in the neighbourhood, and across Winnipeg. However, its assessed value of $381,000 is much more aligned with city-wide averages, suggesting value is derived from factors beyond square footage.
The primary appeal lies in its location within a desirable, established neighbourhood, offering a relatively accessible price point for the area. It represents an opportunity to own a character home in River Heights without the premium typically attached to larger properties in the zone. This home would suit first-time buyers seeking entry into a top neighbourhood, downsizers looking to maintain a community connection with less space to maintain, or value-oriented investors attracted by the land value and location. A thoughtful perspective is that its smaller size and average city-wide assessment could indicate a property where future value growth is more tied to the land and location than to the existing structure, potentially appealing to those with long-term renovation or redevelopment visions.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $381k is close to the city-wide average for comparable homes. Recent sold price data for this property shows it transacted within the $400k-$450k range in 2022, which is a more current market benchmark to consider alongside the assessment.
2. How does the smaller living area impact value?
The home's living area is in the bottom 10-15% for its street and neighbourhood. This significantly influences its pricing, making it more affordable than larger homes in North River Heights. It’s a trade-off: you gain location and potential lot value but with less interior space.
3. What does the "above average" year built ranking for the neighbourhood mean?
In North River Heights, where many homes are older, being built in 1946 is actually "newer" than about 80% of comparable homes. This is a relative positive, potentially indicating slightly newer construction materials or systems compared to many neighbours, though the home is still 80 years old.
4. Are property taxes likely to be lower here?
Potentially, yes. Since property taxes are based on the assessed value, and this home's assessment is below the neighbourhood average, the tax bill should reflect that. However, always verify with the latest municipal tax rates.
5. Where can I get the exact historical sold prices for this home?
The site provides sold price ranges for transparency. Due to industry regulations, exact MLS sold figures cannot be displayed publicly. You can request the exact transaction history by email through the site’s provided form, and they will manually send you the verified figures.
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