Property score
62.9
Fair
Overall 62.9 · Newer than most nearby homes
1,120 sqft (top 31%) · Built in 1973 (2 yrs newer than avg)
Located in a high-income area with median household income of ~100k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
3% larger 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
62.9 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
257 Risbey Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 351 m), 2 parks (nearest 442 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 29% | Bottom 46% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 257 Risbey Crescent, built in 1973, presents a practical and affordable entry point into Winnipeg’s Buchanan neighbourhood. Its key appeal lies in its balance of a renovated basement and a manageable 1,120 sqft living area, all on a modestly-sized lot. The data reveals a nuanced picture: while the home’s living space is average for its immediate area, its assessed value and land size are notably below average for the street and wider community. This suggests the property’s value is driven more by the house itself than its land, making it a cost-effective option. It last sold in September 2022 for $290,000.
The home would suit first-time buyers or downsizers seeking a low-maintenance property with updated fundamentals (the basement) in an established area. It’s less suited for those prioritizing large outdoor space or future expansion, given the lot size. A thoughtful perspective is that this property offers the chance to live on a mature crescent where most neighbours have significantly larger plots, potentially providing a pleasant streetscape without the associated upkeep.
Frequently Asked Questions
1. Is the lot size a concern?
The land area of 3,194 sqft is smaller than most on the street and in Buchanan. This means lower maintenance but less private outdoor space. It’s a trade-off that contributes to the home’s affordability in the area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from cosmetic updates to full legal suite potential.
3. Why is the assessed value so much lower than the last sale price?
The 2022 sale price of $290,000 is significantly higher than the current assessed value shown (~$24,600). This is typical, as municipal assessed value for taxation purposes often lags behind market value and is calculated differently. The sale price is the better indicator of current market worth.
4. How does the age of the home compare to others?
Built in 1973, this home is actually newer than the average for both the street and the city, placing it in the top 30% for its area. This is a positive note, suggesting potentially fewer immediate major updates compared to older stock.
5. Is there parking or a garage?
The listing specifies there is no garage. Prospective buyers should investigate driveway space or on-street parking availability to understand their vehicle storage options.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
