Property score
57.8
Fair
Overall 57.8 · Smaller but newer than most nearby homes
836 sqft (bottom 5%) · Built in 1946 (9 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 2-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
46% smaller than neighborhood avg.
Taon ng Paggawa
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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
480 Borebank Street — 11 amenities found within 500 m, across 5 categories, including 4 dining (nearest 299 m), 1 education (nearest 316 m), 1 shopping (nearest 324 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%
480 Borebank Street: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview & Key Characteristics
This 1946 one-storey home in North River Heights sits on a generous 4,799 sqft lot, offering more outdoor space than most properties on its street and within the wider neighbourhood. Its key appeal lies in this balance of a classic, established community and a sizable, private yard—a combination that can be hard to find in mature, central areas. The home itself, at 836 sqft, is compact, suggesting a manageable layout for streamlined living. A key feature is the renovated basement, which adds valuable finished space. The detached garage provides flexible storage or workshop potential.
The property would suit first-time buyers or downsizers looking for a lower-maintenance footprint without sacrificing yard size in a sought-after neighbourhood. Its notably low assessed value, while requiring careful consideration, may also attract investors or renovators seeking a solid foundation in a prime location with significant upside potential. The appeal here is less about the current structure and more about the valuable land and the opportunity to personalize a home in a well-ranked area.
Frequently Asked Questions
1. What does the low assessed value indicate?
A low municipal assessment often reflects the home's original, compact size and age rather than market value alone. It can suggest a property with strong redevelopment or renovation potential, but it's essential to have a professional inspection to understand the full condition and any underlying factors.
2. Is the living space too small?
At 836 sqft, the main floor living area is below average for the area. However, the renovated basement effectively expands the usable space. This layout can be efficient for individuals, couples, or those looking to minimize excess space without feeling cramped.
3. How does the lot size compare?
The lot is a significant feature. At nearly 4,800 sqft, it is larger than approximately 71% of lots on the same street and 63% in North River Heights. This provides excellent outdoor privacy, gardening space, or future expansion potential relative to neighbouring properties.
4. What is the neighbourhood like?
North River Heights is a mature, established neighbourhood known for its tree-lined streets, character homes, and central convenience. The property's rankings show it is in a well-regarded location within both the neighbourhood and the wider city.
5. Who might this property not suit?
It may not be ideal for a growing family needing extensive immediate bedroom space on one level, or for buyers seeking a large, modern open-concept layout without planning renovations. The value proposition is rooted in the lot, location, and potential rather than in move-in-ready size or finishes.
