Property score
73.1
Good
Overall 73.1 · Newer than most nearby homes
1,120 sqft (top 31%) · 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
Near average
3% 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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73.1 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
347 Risbey Crescent — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 121 m), 1 parks (nearest 218 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 15% | Top 11% | Top 35% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 347 Risbey Crescent, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Buchanan is defined by its exceptional, oversized lot. At nearly 19,400 square feet, the property offers a rare amount of private outdoor space, ranking in the top 2% locally. The home itself is a manageable 1,120 sqft bungalow built in 1976, featuring a renovated basement and a detached garage. Its appeal lies in a unique combination: a home with standard living space on a lot with extraordinary potential. The recent sale history and assessed value suggest it is a solid, established property in the market.
This property would suit a specific buyer. It's ideal for someone who prioritizes land over square footage—think gardeners, hobbyists, or those dreaming of a future addition, pool, or secondary suite (subject to approvals). It also suits buyers seeking a simpler, single-level layout with a finished basement for extra space, who are willing to take on a home of its era for the benefit of a truly generous yard.
Frequently Asked Questions
1. What is the true standout feature of this property?
Without question, it's the land size. The lot is nearly three times the average for Winnipeg, offering unparalleled privacy and space for outdoor activities, expansion, or landscaping projects that wouldn't be possible on a standard parcel.
2. Is the house itself outdated?
The home is from 1976, so some original elements may remain. However, the basement has been renovated, indicating updates have begun. Buyers should budget for modernizing other areas to their taste, which is a typical consideration for homes of this age.
3. Who would this property NOT suit well?
It may not suit buyers seeking a large, modern living area immediately, as the interior space is average for the city. Those wanting a move-in-ready home with no projects, or who prefer a low-maintenance, small yard, might find the lot more responsibility than advantage.
4. How does the detached garage impact use?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's layout. However, it means accessing your vehicle from the house in Winnipeg winters.
5. What does the "Elite" ranking for the land actually mean?
It means this property's lot size is larger than 98% of comparable homes on its street and in Buchanan, and larger than 98% of homes citywide. It's a quantifiable way of showing just how uncommon a lot of this size is in Winnipeg.
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