Property score
73.1
Good
Overall 73.1 · Newer than most nearby homes
1,312 sqft (bottom 37%) · Built in 1949 (12 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 82.0 · 1-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
15% smaller 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
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73.1 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
500 Borebank Street — 11 amenities found within 500 m, across 5 categories, including 4 dining (nearest 282 m), 1 education (nearest 277 m), 1 shopping (nearest 301 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 19% | Top 33% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 500 Borebank Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 500 Borebank Street is a classic North River Heights property that presents a balanced, grounded opportunity. Built in 1949, it offers 1,312 square feet of living space on a generous, nearly 6,000-square-foot lot. The data suggests a home that is well-established within its immediate community: its lot size and year built are notably above average for the desirable North River Heights area, indicating a property that fits the neighborhood's character of mature homes on sizable lots.
The appeal lies in its established location and its solid positional value. With an assessed value of $449,000, it sits above average compared to both its street and the wider city, yet remains around the median for North River Heights itself. This positioning could attract buyers looking for a foothold in a stable neighborhood without the premium of a fully renovated or newer home. The significant lot size offers potential for outdoor space, gardens, or future expansion, which is a valuable asset in a central neighborhood.
This property would suit a practical buyer who values location and land over turn-key modern finishes. It’s ideal for someone comfortable with a home of this era, potentially looking to personalize it over time. It also represents a sensible choice for those seeking a long-term hold in a proven area, where the value is supported more by the land and location than by the structure alone.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
According to available data, a nearby home sold in late 2021 for between $450,000 and $500,000. The current assessed value of $449,000 for 500 Borebank Street aligns with this range, suggesting its valuation is in step with recent market activity on Borebank Street.
2. Is the living space smaller than other homes in the area?
At 1,312 sqft, the living area is slightly above the average for Borebank Street itself but somewhat below the broader North River Heights average. This indicates the home may have a more compact or traditional layout compared to some larger area homes, but is not unusually small for its specific street.
3. What does the "above average" lot size mean for me?
With a lot size ranking in the top 15% for North River Heights, this property offers more outdoor space than most in the neighborhood. This allows for greater privacy, larger gardens, and more flexibility for outdoor living or potential additions, subject to zoning.
4. The home was built in 1949. What should I consider?
While the home is of a typical age for the area, and is actually newer than many in North River Heights, a professional inspection is essential. Buyers should budget for maintenance and updates consistent with a home of this era, including potential updates to systems, windows, and insulation.
5. How can I verify the exact past sale prices mentioned?
The site notes that precise sale figures are not displayed publicly due to data source rules. You can request the exact sold price history by emailing the site directly for a manual lookup, which they provide as a free service.
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