700 Isbister Street

Buchanan, Winnipeg

Property score

58.7

Fair

Overall 58.7 · Smaller and older than most nearby homes

907 sqft (bottom 16%) · Built in 1961 (10 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 3%

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

58.7 is composed by the two sections below.

Property Score

50.1Fair
Living Area907 sqft42Low
Year Built196146Low
Lot Size6,000 sqft81Excellent
Neighbourhood Sales Activity71Good

Community Score

71.5Good
Household Income79Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110310

Community deep dive

$86K

Median household income

$92K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

20%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)630
Labour force participation rate52%
Median age44.8
Avg household size2.5
Unemployment rate6%
Population density3315 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households20%
Couple families with children25%
Median household income (2020)$86K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority10%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
907 sqft
0255075100
Same streetBottom 19%Same areaBottom 16%CitywideBottom 17%
Same street · Isbister Street
#154 / 190
Bottom 19% · Avg 1,089 sqft
Same area · Buchanan
#702 / 840
Bottom 16% · Avg 1,092 sqft
Citywide · Winnipeg
#161,403 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
309k
0255075100
Same streetBottom 39%Same areaBottom 42%CitywideBottom 32%
Same street · Isbister Street
#115 / 190
Bottom 39% · Avg 331.4k
Same area · Buchanan
#486 / 840
Bottom 42% · Avg 328.4k
Citywide · Winnipeg
#132,372 / 194,458
Bottom 32% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 17%Same areaBottom 13%CitywideBottom 43%

Lot Size

around average
6,000 sqft
0255075100
Same streetBottom 41%Same areaTop 48%CitywideTop 31%

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

700 Isbister Street — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 369 m), 1 education (nearest 391 m), 1 healthcare (nearest 407 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks3
Fuel Stations3

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 10/2023CA$300k–350k
Sold price

Same street

Top 27%

Same area

Top 26%

City-wide

Top 49%

Related homes

Highlights & common questions: 700 Isbister Street, Winnipeg

Property Overview: 700 Isbister Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1961, situated on a generously sized 6,000 sqft lot in the Buchanan neighbourhood. Its key features include a renovated basement and a living area of 907 sqft, which is notably cozier than most area homes. The appeal here is fundamentally rooted in land value and potential. The lot size is solid for the area, offering ample outdoor space for gardening, expansion, or future development relative to the home's current footprint. With an assessed value that aligns with local averages, the property presents itself as an affordable entry point into the market.

This home would best suit a pragmatic buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees value in the underlying land and is comfortable with a modest living space. Its renovated basement adds functional square footage, making the overall package more viable. A thoughtful perspective is that its older construction date (1961) means it predates many area homes, potentially offering simpler, more durable original materials, but also likely requiring updates to major systems. It’s not a move-in-ready showcase, but a property with clear, foundational value for someone with a plan.

Section 2: Frequently Asked Questions

1. Is the living space too small?
At 907 sqft, the main floor living area is below average for the street, neighbourhood, and city. However, the renovated basement provides additional finished space, and the large lot offers room for an addition, subject to approvals.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the home's true functional space.

3. How does the sale price compare to the assessed value?
The home last sold in October 2023 for $34,200, which is approximately $3,300 above its current assessed value of $30,900. This suggests the market recently valued it slightly above its official assessment.

4. What is the potential for this property?
The primary potential lies in the combination of a large, standard-sized lot with a smaller, older home. This scenario is often attractive for long-term value through landscaping, home improvements, or eventual redevelopment, making it a patient investment.

5. Are properties on this street typically older?
Yes. The data shows the home, built in 1961, is older than most on its street (ranking in the top 83%, where a higher percentage means older). The average build year for comparable homes on Isbister Street is 1971.

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