707 Isbister Street

Buchanan, Winnipeg

62.6

Fair

Overall 62.6

Older than most nearby homes

1,080 sqft (top 41%)

Built in 1965 (6 yrs older than avg)

Located in a high-income area

with median household income of ~88k

Transit 86.0

2-min walk to transit with 4 nearby routes

Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 83%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

62.6 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,080 sqft52Fair
Year Built196546Low
Lot Size5,121 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

75.6Good
Household Income80Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110309

Community deep dive

$88K

Median household income

$90K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)472
Labour force participation rate59%
Median age35.6
Avg household size2.9
Unemployment rate4%
Population density3933 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households15%
Couple families with children34%
Median household income (2020)$88K

Housing

Renter households24%
Condominium dwellings6%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority13%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,080 sqft
0255075100
Same streetTop 38%Same areaTop 41%CitywideBottom 37%
Same street · Isbister Street
#73 / 190
Top 38% · Avg 1,089 sqft
Same area · Buchanan
#342 / 840
Top 41% · Avg 1,092 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
354k
0255075100
Same streetTop 24%Same areaTop 23%CitywideBottom 48%
Same street · Isbister Street
#45 / 190
Top 24% · Avg 331.4k
Same area · Buchanan
#190 / 840
Top 23% · Avg 328.4k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 23%Same areaBottom 26%CitywideBottom 47%

Lot Size

around average
5,121 sqft
0255075100
Same streetBottom 18%Same areaBottom 24%CitywideBottom 48%

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

707 Isbister Street — 21 amenities found within 500 m, across 8 categories, including 7 dining (nearest 367 m), 2 education (nearest 337 m), 1 healthcare (nearest 369 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳Parks4
💪Sports1
🏦Finance1
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 6/2022CA$350k–400k
Sold price

Same street

Top 15%

Same area

Top 12%

City-wide

Top 37%

Related homes

Highlights & common questions: 707 Isbister Street, Winnipeg

Property Overview: 707 Isbister Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the Buchanan neighbourhood is a practical property with a focus on value and potential. Built in 1965, it sits on a 5,121 sqft lot, which is notably smaller than most in its immediate area but is close to the city-wide average. The living space of 1,080 sqft is typical for similar homes nearby. A key feature is the renovated basement, adding functional space, and the property includes a detached garage.

Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, particularly in a neighbourhood where its assessed value ranks above average compared to nearby homes. The renovated basement suggests some updates have been made, offering a move-in-ready foundation. This property would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable home with a bit of outdoor space and a garage. A thoughtful perspective is that the smaller lot, while less than area norms, translates to lower maintenance—an appealing trade-off for those seeking simplicity without sacrificing a private yard.

Section 2: Frequently Asked Questions

1. Is the lot size a disadvantage?
While the land area is below the average for Buchanan and Isbister Street, it is near the Winnipeg city-wide average. It offers a balance of outdoor space without the high maintenance of a larger lot, which can be a benefit for many buyers.

2. What does the "above average" assessed value ranking mean?
This indicates that, compared to similar properties on the same street and in Buchanan, this home’s official assessed value is higher than most. This can sometimes reflect desirable updates (like the renovated basement) or other attributes not fully detailed in the basic metrics.

3. How recent was the basement renovation?
The listing confirms the basement is renovated, but the specific date and scope of the renovation are not provided. This would be a key question for the seller or their agent to understand the quality and extent of the work.

4. How does the 2022 sale price relate to the current asking price?
The property sold for $38,700 in June 2022. Understanding the current listing price and what changes or market conditions justify any difference is essential for evaluating today’s value.

5. What is the condition of the detached garage?
The listing notes a detached garage exists but does not specify its size, condition, or whether it has power. This is an important practical consideration for storage, parking, or potential workshop use.

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