743 Isbister Street

Buchanan, Winnipeg

62.6

Fair

Overall 62.6

Older than most nearby homes

1,080 sqft (top 41%)

Built in 1963 (8 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: 3 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Below average

8 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 Built196346Low
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

around average
301k
0255075100
Same streetBottom 29%Same areaBottom 35%CitywideBottom 30%
Same street · Isbister Street
#134 / 190
Bottom 29% · Avg 331.4k
Same area · Buchanan
#545 / 840
Bottom 35% · Avg 328.4k
Citywide · Winnipeg
#137,059 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetBottom 22%Same areaBottom 23%CitywideBottom 45%

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

743 Isbister Street — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 490 m), 2 education (nearest 251 m), 1 healthcare (nearest 453 m).

Search radius
🍽️Dining3
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳Parks5

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 2/2020CA$250k–300k
Sold price

Same street

Bottom 15%

Same area

Bottom 23%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 743 Isbister Street, Winnipeg

Property Overview

This 1963 one-storey home at 743 Isbister Street in Winnipeg's Buchanan neighbourhood presents a straightforward opportunity centered on its land and location. The house itself is a modest 1,080 sqft bungalow with an unrenovated basement and an attached garage. Its key characteristic is the 5,121 sqft lot, which is notably larger than many others on its street and in the immediate area, offering valuable outdoor space. The home’s assessed value and recent sale price are significantly below city-wide averages, positioning it as an accessible entry point.

The appeal lies in its potential. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees value in the lot size and is prepared for a home that may require updates. The unrenovated basement is a blank canvas, and the below-average price for the street suggests room to add value through thoughtful improvements. It’s a property for those who prioritize land and location over move-in-ready finishes, offering a chance to build equity.


Frequently Asked Questions

1. Is the lot size a significant advantage?
Yes. At over 5,000 sqft, the lot is larger than many comparable properties on Isbister Street and in the Buchanan area. This provides more private outdoor space and potential for gardening, expansion, or additions, subject to local zoning.

2. What does "below average" for the sale price indicate?
The home last sold well below the average for its street, neighbourhood, and city. This typically reflects the home’s original condition and can represent a value opportunity for a buyer willing to invest in updates, as opposed to paying a premium for a fully renovated property.

3. Who might this property not suit?
It may not suit buyers seeking a modern, turn-key home without renovation projects. The unrenovated basement and the home’s age mean that maintenance and updates will likely be part of homeownership.

4. How does the year built (1963) factor in?
Built in 1963, the home is older than most on its street. This means potential considerations like original wiring, plumbing, or windows may need evaluation, but it also comes with the character and solid construction typical of that era.

5. Is the assessed value a reliable indicator of market price?
Not directly. The assessed value is for tax purposes. The fact that it's below street and area averages aligns with the recent sale price, confirming the property is positioned at a more accessible price point in its market.

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