57.8
Fair
Property score
57.8
Fair
Overall 57.8
Older than most nearby homes
988 sqft (bottom 37%)
Built in 1951 (20 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 5 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
20 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 3%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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57.8 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: #46110309
$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
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
715 Isbister Street — 19 amenities found within 500 m, across 8 categories, including 5 dining (nearest 396 m), 2 education (nearest 315 m), 1 healthcare (nearest 385 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 33% | Top 32% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 715 Isbister Street, Winnipeg
Key Characteristics & Appeal
This is a modest, well-situated one-storey home built in 1951 on a standard city lot in the Buchanan neighbourhood. Its key features include a renovated basement and a detached garage. The home presents a straightforward, no-frills opportunity. Its primary appeal lies in its practicality and position as a manageable entry point into the Winnipeg market.
The living space of 988 sq. ft. is typical for the immediate street and area, though smaller than the city-wide average, suggesting a cozy, efficient layout. Notably, the property’s assessed value is consistently around the average for its immediate peers on Isbister Street and in Buchanan, indicating it is priced in line with the local market context. A thoughtful perspective for buyers is the home’s vintage: built in 1951, it is older than most in its direct comparison groups. This could appeal to those appreciating classic construction, but it also warrants a keen eye on maintenance and updates beyond the renovated basement.
This property would best suit first-time buyers, downsizers, or practical investors looking for a functional home without excessive size or complexity. It’s for someone who values a renovated basement space for extra living or utility and prefers the flexibility of a detached garage. The lot size, while below average for the street, still offers standard outdoor space for a city home.
Frequently Asked Questions
1. How does the home’s age impact its value and condition?
Built in 1951, the home is older than most comparable properties in Buchanan. While the basement has been renovated, the overall condition of major systems (like plumbing, electrical, and the roof) should be carefully evaluated, as updates may be needed.
2. Is the lot size a disadvantage?
At 5,121 sq. ft., the lot is smaller than many on Isbister Street but is close to the Winnipeg average. It provides standard yard space but may not suit those seeking extensive outdoor areas for gardening or recreation.
3. Who might find the renovated basement most valuable?
The basement adds crucial flexible space. It’s a significant asset for buyers needing a home office, separate living area, or rental potential, effectively increasing the usable square footage of this otherwise compact home.
4. How does the assessed value compare to the last sale price?
The current assessed value is $30.40k. The home last sold in June 2021 for $32.60k, indicating relative market stability in the area over the past few years.
5. What is the neighbourhood context for this value?
The home’s assessed and past sale prices are consistently "around average" when compared directly to other homes on Isbister Street and in the Buchanan area. This suggests the property is priced fairly within its specific local market, not just the broader city.
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