Property Summary: 443 Borebank Street, Winnipeg
Key Characteristics & Appeal
This 1,485 sqft home, built in 1945, sits on a generous 6,000 sqft lot in North River Heights. Its core appeal lies in its strong positional value within a desirable neighbourhood. The data indicates this isn't just an average property; its assessed value of $524k consistently ranks in the top 25% or better when compared to homes on its street, in the wider area, and across Winnipeg. This suggests a premium valuation for its location and attributes.
The home offers more living space than most on Borebank Street and sits on a larger-than-average lot for North River Heights, providing good outdoor potential. While its 1945 build date is older than the city average, it is typical for the character of this established area. The property would suit buyers looking for a solid investment in a prime neighbourhood, who value space and lot size, and are comfortable with the maintenance considerations of a character home. It's particularly compelling for those who understand that its above-average assessment reflects its standing as a stronger-than-typical offering in its immediate vicinity.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices on the street?
The home last sold between $450k-$500k in late 2020. Its current assessed value of $524k is above that range and ranks in the top 11% of homes on Borebank Street, indicating a significant increase in its official valuation since the last sale.
2. Is the living space large for the area?
Yes. With 1,485 sqft, it ranks in the top 17% for living area on Borebank Street, offering more space than most direct neighbours. It is close to the average size for the broader North River Heights area.
3. What does the lot size offer?
At nearly 6,000 sqft, the lot is above average for North River Heights (top 15%), providing ample outdoor space for gardens, recreation, or expansion, which is a key asset in a mature neighbourhood.
4. Given its age, what should I consider?
Built in 1945, the home is older than the Winnipeg average but is typical for North River Heights. Prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation that are common with homes of this era.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for context. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.