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Winnipeg Real Estate – Home Prices, Sales History & Market Trends

House

531 Borebank Street

BasementYes, renovated
PoolNo
GarageDetached
Building TypeOne Storey

Map

Redder color means more recent sale.

Yellow star means multiple sale records.

Neighbourhood sales statistics

Central River Heights

How to read: Share of sales in each ~$50k price band for “central 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.

Data summary (Winnipeg / central river heights / Detached houses (non-condo) / 2024): ~$50k bands. The largest share is $400K–$450K (about 29.5%). Second-largest band: $450K–$500K (about 15.9%); top two together about 45.5%. About 44 sales in this view (sample size check).

All figures above are based on real sold transaction data analysis; for source details, see

Rankings

Living Area

1,194 sqft

Same street

175/404
Top 43%
Avg1,211 sqft

Same area

715/1244
Top 57%
Avg1,346 sqft

City-wide

99144/194458
Top 51%
Avg1,342 sqft

531 Borebank Street: Living Area Analysis

  • Street Level (Borebank Street): Around Average. Ranked #175 out of 404 (Top 43%). The average living area for comparable homes on this street is 1,211 sqft.
  • Neighborhood Level (Central River Heights): Around Average. Ranked #715 out of 1,244 (Top 57%). The neighborhood average for this group is 1,346 sqft.
  • Citywide Level (Winnipeg): Around Average. Ranked #99,144 out of 194,458 (Top 51%). The citywide average for comparable homes is 1,342 sqft.

Assessed Value

476k

Same street

76/404
Top 19%
Avg426.2k

Same area

344/1244
Top 28%
Avg443.3k

City-wide

46289/194458
Top 24%
Avg390.1k

531 Borebank Street: Assessed Value Analysis

  • Street Level (Borebank Street): Above Average. Ranked #76 out of 404 (Top 19%). The average assessed value for comparable homes on this street is 426.2k.
  • Neighborhood Level (Central River Heights): Above Average. Ranked #344 out of 1,244 (Top 28%). The neighborhood average for this group is 443.3k.
  • Citywide Level (Winnipeg): Above Average. Ranked #46,289 out of 194,458 (Top 24%). The citywide average for comparable homes is 390.1k.

Year Built

1954

Same street

121/404
Top 30%
Avg1947

Same area

196/1244
Top 16%
Avg1953

City-wide

130929/194458
Top 67%
Avg1966

531 Borebank Street: Year Built Analysis

  • Street Level (Borebank Street): Above Average. Ranked #121 out of 404 (Top 30%). The average year built for comparable homes on this street is 1947.
  • Neighborhood Level (Central River Heights): Above Average. Ranked #196 out of 1,244 (Top 16%). The neighborhood average for this group is 1953.
  • Citywide Level (Winnipeg): Around Average. Ranked #130,929 out of 194,458 (Top 67%). The citywide average for comparable homes is 1966.

Land Area

6,000 sqft

Same street

69/404
Top 17%
Avg5,265 sqft

Same area

279/1244
Top 22%
Avg5,581 sqft

City-wide

61133/194458
Top 31%
Avg6,570 sqft

531 Borebank Street: Land Area Analysis

  • Street Level (Borebank Street): Above Average. Ranked #69 out of 404 (Top 17%). The average land area for comparable homes on this street is 5,265 sqft.
  • Neighborhood Level (Central River Heights): Above Average. Ranked #279 out of 1,244 (Top 22%). The neighborhood average for this group is 5,581 sqft.
  • Citywide Level (Winnipeg): Around Average. Ranked #61,133 out of 194,458 (Top 31%). The citywide average for comparable homes is 6,570 sqft.

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.

Sales History

Sold 9/2020CA$400k–450k
Sold price

Same street

Top 44%

Same area

Top 49%

City-wide

Top 32%
Sold 6/2017CA$350k–400k
Sold price

Same street

Top 67%

Same area

Top 72%

City-wide

Top 45%

531 Borebank Street · Sold transaction data notes

Data source:

Sold prices are based on publicly available internet data. We do not guarantee accuracy; figures have had limited verification and are reasonably reliable. Data is not sourced from the MLS and does not involve MLS copyright.

Coverage:

Sold price data from January 2016 through April 2025; some months may be missing.

Precision:

If you are not signed in, we show sold price ranges in CA$50k bands, not exact amounts. To see exact sold prices, please create an account and sign in.

How do I get fully verified figures?

Because of industry association rules, this system does not include MLS sold records and does not display them on the site. If you need a property’s full transaction history and exact figures, email us. We will look them up manually and send them by email. You can email us or leave your email below (if you are already logged in, we have your email—click the button to request). We will send exact sold prices by email. Manual lookup and sending may take until the end of the same day at the latest. No tricks—we will not use your email for ads or spam.

Request exact figures by email

People interested in 531 Borebank Street often also view these related homes

Highlights & common questions: 531 Borebank Street, Winnipeg

一、房屋特点、吸引力与适合人群

特点

  • 土地面积大：占地6,000平方英尺，在所属街道排名前17%，远高于同街区平均水平，提供充足的户外空间与改造潜力。
  • 建筑年代较早但维护良好：建于1954年，房龄72年，但在同区域中属于“较新”水平（排名前30%），且地下室已完成翻新。
  • 独立车库：配备独立车库，便于停车或作为储物、工作空间。
  • 生活面积适中：约1,194平方英尺，与同区域平均水平相当，适合中小规模家庭。

吸引力

  • 高性价比土地投资：土地面积显著大于周边多数房产，且评估价值（47.60k）高于街道和社区平均水平，凸显其土地资产的稀缺性与增值潜力。
  • 区位数据优势：在Central River Heights社区内，该房屋在土地面积、建筑年代、评估价值三项关键指标上均排名前30%，属于区域内综合条件较好的物业。
  • 翻新加分：已完成地下室翻新，提升了实用性与舒适度。

适合人群

  • 看重土地价值的投资者：适合关注长期土地增值、或计划未来扩建、开发（如加建、花园、户外设施）的买家。
  • 注重社区性价比的家庭：适合希望在Central River Heights这类成熟社区以较低总价获得较大地块的家庭，平衡了空间需求与预算。
  • 老旧房屋改造爱好者：房屋结构完好且已有部分翻新，适合喜欢通过逐步改造提升房屋价值的自住买家。

二、五个深入FAQ

1. 为什么评估价值比最近成交价高？是否存在高估？
该房屋2020年成交价为40.50k，当前评估值为47.60k，增幅约17.5%。这主要源于其土地价值优势：地块面积在街道排名前17%，而温尼伯房产评估中土地价值权重较高。评估值反映的是资产市场价值，而非仅参考历史成交价，土地稀缺性推高了评估。

2. 72年房龄的老房子，翻新地下室是否解决了潜在隐患？
地下室翻新通常涉及防水、保温与内部装修，但建于1954年的房屋仍需关注主体结构、屋顶、电路及管道系统是否同步升级。建议查验翻新许可记录，并专项检查地基与白蚁隐患——这些是数据无法反映的“隐藏成本”。

3. 土地面积排名前17%，但生活面积仅排名前57%，这代表什么？
这意味着房屋本身不大，但院落空间充裕。适合两类买家：一是计划未来加建房屋扩大居住面积的；二是更看重庭院生活（如园艺、儿童游乐、户外娱乐）而非室内空间的家庭。这是一种“土地优先”的房产特质。

4. 评估价值在城市范围内排名前24%，但售价却低于城市平均，为什么？
该房评估值47.60k，对比城市平均评估值390k看似极低，实因数据统计包含全市所有类型房产。Central River Heights社区平均评估值约44.30k，该房屋略高于社区均值，属于社区内“中上水平”。低价反映的是社区整体房价水平，而非房屋本身条件差。

5. 与旁边售价35.60k的房产相比，它贵出的10k值在哪里？
相邻房产2017年售35.60k，且土地面积、建筑年代等排名均显著低于本房屋。价差主要来自：更大的土地面积（稀缺性）、更新的建筑年代（维护成本可能更低）、以及已完成的翻新工程。这10k买的是土地资产优势与免于立即投入翻新的便利。

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