708 Isbister Street

Buchanan, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Older than most nearby homes

1,040 sqft (top 48%) · Built in 1962 (9 yrs older than avg)

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

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

9 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

62.6 is composed by the two sections below.

Property Score

56.7Fair
Living Area1,040 sqft52Fair
Year Built196246Low
Lot Size6,971 sqft85Excellent
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

around average
1,040 sqft
0255075100
Same streetTop 48%Same areaTop 48%CitywideBottom 32%
Same street · Isbister Street
#92 / 190
Top 48% · Avg 1,089 sqft
Same area · Buchanan
#400 / 840
Top 48% · Avg 1,092 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
328k
0255075100
Same streetTop 46%Same areaTop 41%CitywideBottom 38%
Same street · Isbister Street
#87 / 190
Top 46% · Avg 331.4k
Same area · Buchanan
#345 / 840
Top 41% · Avg 328.4k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetBottom 20%Same areaBottom 18%CitywideBottom 44%

Lot Size

above average
6,971 sqft
0255075100
Same streetTop 22%Same areaTop 19%CitywideTop 17%

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

708 Isbister Street — 15 amenities found within 500 m, across 6 categories, including 4 dining (nearest 399 m), 2 education (nearest 368 m), 1 healthcare (nearest 422 m).

Search radius
🍽️Dining4
🏫Education2
🏥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 9/2024CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 17%

City-wide

Top 41%

Related homes

Highlights & common questions: 708 Isbister Street, Winnipeg

Property Overview

This one-storey home at 708 Isbister Street in Winnipeg's Buchanan neighbourhood presents a practical opportunity centred on its land and recent sale. Built in 1962, the house itself is of average size for the area at 1,040 sqft and features a renovated basement. Its key characteristic is the generous 6,971 sqft lot, which is notably larger than most comparable properties on the street, in the neighbourhood, and citywide. The home sold recently in September 2024 for $370,000, a price point that was above average for its immediate surroundings.

The primary appeal lies in the potential of the sizable lot in a mature community. It suits a buyer looking for a solid, no-frills home with immediate livability thanks to the updated basement, but who values the future possibilities that a larger parcel of land provides—whether for gardening, expansion, or simply more private outdoor space. It’s a property for someone who sees value in the land itself, appreciating that the house, while comfortable, offers the chance to add value over time. A less obvious perspective is that an older home on a large lot in an established area can represent a stable, long-term hold in a city, often insulated from the sharp fluctuations seen in newer subdivisions.

Frequently Asked Questions

1. What is the significance of the lot size being in the "Top 22%" for the street?
This means the property's land area is larger than 78% of comparable homes on Isbister Street. It indicates you're getting more land than is typical for that specific location, which is often a fixed and valuable asset.

2. The home was built in 1962. Should I be concerned about its age?
The year built is older than the average for the street and neighbourhood. While the renovated basement is a positive update, a prospective buyer should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems.

3. Why did it sell for above the neighbourhood average?
The recent sale price of $370,000 ranked well above average for both the street and Buchanan. This premium was likely driven by the combination of the desirable large lot and the move-in readiness provided by the renovated basement.

4. Is the detached garage a standard feature here?
Yes, the property includes a detached garage. This is a common feature for homes of this era in Winnipeg and provides valuable storage or workshop space separate from the house.

5. How does the assessed value relate to the sale price?
The last assessed value was significantly lower at $32,800. In Manitoba, municipal property assessments for tax purposes often lag behind current market values. The recent sale price of $370,000 is a far more accurate reflection of the home's current market value.

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