95 Borebank Street – Property Summary
1. Key Characteristics & Who It’s For
This is a newer home (built 2018) on Borebank Street in Winnipeg’s Wellington Crescent area. At 1,963 square feet of living space, it’s notably larger than the street average (1,211 sqft) and well above the citywide average for comparable homes. It sits in the top 3% of living area on its street and the top 12% citywide. The assessed value of $915,000 is elite for the street (top 1%) and citywide (top 1%), reflecting both the size and the modern construction.
Where it differs from its surroundings is land area. The lot is 2,999 square feet—smaller than most homes on Borebank Street (average 5,265 sqft) and well below the neighbourhood average of 9,488 sqft. This is not a property with sprawling grounds. The appeal lies in having a relatively new, well-finished home in an established, desirable neighbourhood without the maintenance or cost of a large lot. The house itself—not the land—drives the value.
This would suit buyers who prioritize interior space, modern construction, and a strong location over outdoor acreage. Think professionals, downsizers, or families who want a newer home in a top-tier area but don’t need a big yard. It’s less suited to anyone looking for a traditional large-lot property in Wellington Crescent or who values outdoor space highly.
2. Five Possible FAQs
The lot seems small for the area. Is that a problem?
It depends on your priorities. The house is generous inside, and the land is enough for a typical urban yard—just not the deep, expansive lots common on Borebank Street. You’re trading land for a newer, larger home in a prime location. Resale appeal is more about the house and address than the lot size.
How does the assessed value compare to similar newer homes nearby?
This property’s assessed value is well above the neighbourhood average ($805,600) and far above the street average ($426,200). That’s because most homes on Borebank are older and smaller. Within the subset of newer, larger homes in Wellington Crescent, the value is still high—top 27% in the area—but the street-level ranking (top 1%) reflects how unique this specific home is on its block.
Is the house energy-efficient or built to current standards?
Built in 2018, it meets modern building codes for insulation, windows, and mechanical systems. That’s a meaningful advantage over the neighbourhood median (homes built around 1940) and the street average (1947). You’re not inheriting old wiring, lead pipes, or drafty windows.
What’s the neighbourhood like for walkability and amenities?
Wellington Crescent is a well-established area with mature trees, close access to the river, and a mix of older estates and newer infills. Borebank Street itself is residential. You’ll want to check proximity to schools, shops, and transit based on your own needs—the data doesn’t cover that, but the area is generally well-served.
How does the ranking system work, and should I trust it?
The rankings compare this property to homes deemed “comparable” within each scope (street, neighbourhood, city). “Top 1%” means it outperforms 99% of those peers on that metric. The bars show fill length based on how many peers you beat, and the color indicates a tier (e.g., green for elite, red for below average). It’s a useful benchmark, but it relies on the comparables selected—check the neighbourhood map for a more detailed side-by-side view.