Property score
62.9
Fair
Overall 62.9 · Smaller and older than most nearby homes
946 sqft (bottom 3%) · Built in 1955 (4 yrs older than avg)
Located in a high-income area with median household income of ~114k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, and 2 parks nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 84%Tagalog · 3%
Past 10 years South River Heights sales snapshot (~80% of all data)
330
507k
$443/sqft
1959
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62.9 is composed by the two sections below.
Property Score
Community Score
South River Heights
How to read: Share of sales in each ~$50k price band for “south 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: #46111036
$114K
Median household income
$126K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
15%
Single-person households
35%
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
747 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 475 m), 2 education (nearest 240 m), 2 parks (nearest 328 m).
South River Heights · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
88%
747 Borebank Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact 946-square-foot home built in 1955, sitting on an average-sized lot of roughly 5,999 square feet in Winnipeg’s South River Heights neighbourhood. The assessed value is around $336,000, which lands near the middle of the market for the city but sits lower relative to the surrounding area—South River Heights tends toward larger, pricier homes. The property's appeal lies in its modest footprint and established lot, not in square footage or prestige. It suits buyers who value land and location over interior space: someone looking for a smaller house on a decent lot, possibly with room to expand or renovate over time. It could also work for a first-time buyer priced out of the area’s larger homes, or an investor who sees potential in a property that’s small but well-positioned in a desirable neighbourhood. The key trade-off is clear: you get a good piece of land in a competitive market, but the living area is significantly below average for the street (bottom 22%), the area (bottom 3%), and the city (bottom 21%). That gap between the lot size and the house size is worth thinking about—it suggests this may be more of a land play than a turnkey home.
1. How does this home compare to others in South River Heights?
It’s notably smaller than most homes in the area—bottom 3% for living space—while the land is about average. The assessed value is also on the lower end for the neighbourhood (bottom 4%), which reflects the smaller home size rather than the lot. If you’re looking at this as a long-term buy, the value is more in the land than the house itself.
2. Is there room to add square footage or renovate?
The lot is just under 6,000 square feet, which is typical for the street and slightly larger than average in the area. There’s potential to expand, but you’d need to check zoning, setbacks, and any restrictions in South River Heights. The 1955 build may also involve updates to electrical, plumbing, or insulation if you renovate extensively.
3. Why is the assessed value only “around average” despite the small house?
Assessed value reflects market conditions and land value as much as the building. In a desirable neighbourhood like South River Heights, the land carries weight. Even though the house is small and ranks low for living area, the lot and location pull the assessed value up to roughly the city median.
4. Who typically buys homes like this in this area?
Common buyers include downsizers who want a smaller home but like the neighbourhood, first-time buyers who can’t afford a full-size house here, or people planning a major renovation or rebuild. It’s less suited for someone who needs a lot of indoor space right away.
5. How do the rankings work in the data shown?
The rankings compare this property to others on the same street, in the same area (South River Heights), and citywide (Winnipeg). A lower percentage means the property falls below most others in that category—so bottom 3% for living area in the area means only 3% of homes are smaller. These rankings are based on public data and give a sense of where the property stands relative to its peers.
