Property score
49.9
Below average
Overall 49.9 · Smaller but newer than most nearby homes
792 sqft (bottom 4%) · Built in 1973 (2 yrs newer than avg)
Located in a high-income area with median household income of ~100k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 89%French · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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49.9 is composed by the two sections below.
Property Score
Community Score
Buchanan
How to read: Share of sales in each ~$50k price band for “buchanan” (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: #46110306
$100K
Median household income
$104K
Average household income
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
14%
Single-person households
28%
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
245 Risbey Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 382 m), 2 parks (nearest 410 m).
Buchanan · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 41% | Top 42% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 245 Risbey Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 1973 bi-level home in the Buchanan neighbourhood presents a straightforward, entry-level opportunity. Its key characteristic is its compact scale, with a living area of 792 sqft that is notably smaller than most area homes, situated on a modest 3,618 sqft lot. The appeal lies in its recent sale at a very accessible price point ($30,700), its renovated basement, and its above-average ranking for year built on its street, suggesting it is among the newer homes in its immediate area. It suits buyers seeking an affordable foothold in the market, perhaps first-time buyers, downsizers, or investors looking for a low-cost rental property. A thoughtful perspective is that its smaller size and lower taxes could align well with a minimalist or efficient lifestyle, while the renovated basement offers immediate functional space without upfront project costs. It’s a practical choice over a aspirational one.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes. The data shows its living area ranks in the bottom 2-9% compared to homes on its street, in Buchanan, and across Winnipeg, making it a compact property.
2. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope or finishes. This would require clarification from the listing agent or a viewing.
3. How does the lot size compare?
The land area is also below average for the area, ranking in the bottom 6-7% locally. This means smaller outdoor space but potentially less maintenance.
4. Why is the assessed value so much lower than the city-wide average?
The assessed value (~$25.8k) reflects the property's compact size and modest characteristics relative to the broader Winnipeg market, where the average home is larger and has a higher assessed value.
5. Does its age mean it will need major updates?
Built in 1973, it is actually newer than many comparable homes on its street and in Buchanan. While systems may still be due for age-related updates, it has a relative age advantage in its immediate context.
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