Property score
77.0
Good
Overall 77.0 · Larger and newer than most nearby homes
1,360 sqft (top 10%) · Built in 1976 (5 yrs newer than avg)
Located in a high-income area with median household income of ~109k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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77.0 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: #46111093
$109K
Median household income
$147K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
23%
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
319 Risbey Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 246 m), 1 parks (nearest 354 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 | Top 22% | Top 17% | Top 42% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-established home at 319 Risbey Crescent in Winnipeg’s Buchanan neighbourhood presents a unique opportunity centered on its exceptional lot. Built in 1976, the one-storey home features 1,360 sqft of living space, a renovated basement, a detached garage, and a private pool. Its true distinction, however, lies in the land itself—a 15,877 sqft lot that ranks within the top 3% for size on its street and the top 1% within the entire Buchanan area. This generous, park-like setting is a rare find in the city.
The appeal here is for the buyer who values space and privacy above all. The home offers solid, updated fundamentals, but the property’s standout asset is the potential of its expansive grounds. It perfectly suits someone looking for a quiet retreat with room for gardens, recreation, or future expansion, all within a mature neighbourhood. It’s a property where the land tells the main story, offering a lifestyle of elbow room that is increasingly difficult to find.
Frequently Asked Questions
1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size of nearly 16,000 sqft is larger than 97% of comparable lots on Risbey Crescent and over 99% of those in the Buchanan area. You are purchasing one of the largest parcels available in this locale.
2. The home was built in 1976. What should I consider?
While the basement has been renovated, the core structure is 50 years old. A thorough inspection of major systems (roof, plumbing, electrical, foundation) is essential. On a positive note, the data shows the home is newer than most on its street and in the neighbourhood, suggesting it may be among the more updated properties in the area.
3. How does the living space compare to the lot size?
The 1,360 sqft home is comfortably above average for the immediate area. The dramatic contrast between the home's footprint and the lot size highlights the property's balance: ample indoor living space paired with an unusually vast amount of outdoor private space.
4. The last sale was in 2017 for $36.5k, but the assessed value is now $42.1k. Is this relevant?
The 2017 sale price is a historical point of reference, but the current assessed value and market conditions will determine today’s value. The assessed value places the property in the top tiers for its street and neighbourhood, indicating its official valuation is strong relative to peers.
5. Who would this property not suit?
It may not be ideal for buyers seeking a modern, low-maintenance turnkey home on a standard lot. The extensive grounds require upkeep, and while the basement is renovated, the overall property may appeal more to those with a vision for utilizing or enhancing the spacious outdoors. It’s for a buyer whose priority is land, not just the house.
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