335 Risbey Crescent

Buchanan, Winnipeg

Property score

72.8

Good

Overall 72.8 · Larger and newer than most nearby homes

1,180 sqft (top 24%) · Built in 1976 (5 yrs newer than avg)

Located in a high-income area with median household income of ~109k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

8% 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)

Sold Count

257

Median price

361k

$/sqft

$351/sqft

Avg build year

1971

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Property score

72.8 is composed by the two sections below.

Property Score

67.5Good
Living Area1,180 sqft60Fair
Year Built197667Good
Lot Size10,629 sqft97Excellent
Neighbourhood Sales Activity71Good

Community Score

80.7Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$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

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,180 sqft
0255075100
Same streetTop 28%Same areaTop 24%CitywideBottom 48%
Same street · Risbey Crescent
#35 / 127
Top 28% · Avg 1,106 sqft
Same area · Buchanan
#205 / 840
Top 24% · Avg 1,092 sqft
Citywide · Winnipeg
#101,306 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
359k
0255075100
Same streetTop 31%Same areaTop 21%CitywideBottom 49%
Same street · Risbey Crescent
#39 / 127
Top 31% · Avg 339.4k
Same area · Buchanan
#177 / 840
Top 21% · Avg 328.4k
Citywide · Winnipeg
#98,457 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 2%Same areaTop 16%CitywideTop 39%

Lot Size

Elite
10,629 sqft
0255075100
Same streetTop 7%Same areaTop 2%CitywideTop 5%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

335 Risbey Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 172 m), 1 parks (nearest 275 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

Sales History

Sold 1/2017CA$300k–350k
Sold price

Same street

Bottom 39%

Same area

Top 45%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 335 Risbey Crescent, Winnipeg

Property Overview: 335 Risbey Crescent

Key Characteristics & Appeal

This single-storey home at 335 Risbey Crescent is defined by its substantial, premium-sized lot. At over 10,600 square feet, the property offers land space that ranks in the top 7% on its own street and the top 2% within the broader Buchanan neighbourhood. This is the home's most standout feature, presenting significant potential for expansion, gardening, or outdoor living. The house itself is a manageable 1,180 sqft bungalow with a renovated basement and a detached garage, built in 1976—newer than most in the immediate area.

The appeal lies in a unique combination: a home with modernized living space on a lot that is increasingly rare to find. It suits practical buyers who value space and potential over sheer square footage of the existing structure. It would be ideal for a growing family seeking room for a future addition, a multi-generational household wanting separate living areas, or a buyer who prioritizes a large, private yard in a well-established area. The above-average rankings for lot size and newer construction year in its local context suggest a property that holds intrinsic, long-term value in its land.


Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or follow-up with the listing agent is necessary to understand the full scope, which could range from updated flooring and paint to a fully developed legal suite or additional bedrooms.

2. How does the large lot size impact costs?
While offering great potential, a larger lot can mean higher property taxes relative to house size, increased maintenance (like lawn care or snow clearing), and potentially higher utility costs for services extending to the detached garage. It's a trade-off for the extra space.

3. The assessed value seems low. Is that the sale price?
No, the assessed value (approximately $35,900) is for municipal tax purposes and is not the market price. The last recorded sale was in 2017 for $30,300. The current market price would be set by the seller based on recent comparable sales and market conditions.

4. What are the implications of the home being built in 1976?
Built during a transition in building codes and materials, a 1976 home may have some modern wiring and plumbing but could also contain original components, like galvanized pipes or single-pane windows, that may need updating. A thorough inspection is recommended.

5. The living area is noted as "around average" city-wide. Is the house small?
At 1,180 sqft, the above-ground living space is modest but functional for a bungalow. The renovated basement effectively doubles the usable space, making the overall footprint more competitive. The value proposition here is the balance of a comfortable home on an exceptionally large parcel of land.

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