Property Summary: 260 Borebank Street, Winnipeg
Key Characteristics & Appeal
This home at 260 Borebank Street in North River Heights presents a classic Winnipeg character home built in 1928, sitting on a notably generous lot. Its primary appeal lies in the balance of space and location. The 1,341 sqft living area is above average for Borebank Street itself, offering comfortable room within a well-established neighbourhood. The standout feature is the 6,004 sqft land area, which places it in the top 11% for lot size both on its street and in North River Heights overall. This offers significant outdoor space, rare for the area, with potential for gardening, expansion, or simply enjoying a larger yard.
The assessed value of $401,000 is positioned around the city-wide average, suggesting the price reflects a fair market entry point for the neighbourhood. The home’s age (98 years) means buyers should anticipate the charm and potential maintenance considerations of a character property. This property would best suit a buyer who values a large lot and established community over a modern build, and who is perhaps looking for a home with "good bones" and outdoor potential in a central location. It’s a practical choice for those seeking space to grow into, without the premium price tag of a fully renovated or newer home in the area.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a significant feature. At over 6,000 sqft, it is substantially larger than most lots on Borebank Street and in North River Heights, placing it in the top 11% for the area.
2. Is the assessed value a good indicator of the likely selling price?
The $401,000 assessment is around the Winnipeg city-wide average. Historical data shows it last sold between $350k-$400k in early 2019. The final price will depend on market conditions, the home's interior condition, and any updates made since that time.
3. What should I consider about the home’s age?
Built in 1928, it is older than most homes on its street. This often means character details but also warrants a thorough inspection for the condition of major systems like plumbing, electrical, and the foundation, which may need updating or maintenance.
4. How does the living space feel relative to other homes?
At 1,341 sqft, the living area is above average for Borebank Street but around average for the wider city. This suggests efficient use of space within the home itself, while the property’s overall feel is greatly enhanced by the large outdoor area.
5. Where can I get verified historical sale data?
The provided sold price is from public records. For a complete and verified transaction history, including exact sale prices, you would need to contact the site directly for a manual lookup, as MLS data is not displayed here.