57.1
Fair
Property score
57.1
Fair
Overall 57.1
Smaller and older than most nearby homes
940 sqft (bottom 25%)
Built in 1950 (21 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 1 shop, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
21 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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57.1 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
763 Isbister Street — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 226 m), 1 shopping (nearest 371 m), 5 parks (nearest 206 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 | Bottom 21% | Bottom 28% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 763 Isbister Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic 1950s one-storey home in Winnipeg's Buchanan neighbourhood, presenting a straightforward opportunity centred on its land and location. The house itself is modest, with 940 sqft of living space and an unfinished basement, reflecting its age and need for modernization. Its key characteristic is the 5,122 sqft lot, which is a comfortable size for the area and offers clear potential for expansion, gardening, or future redevelopment.
The primary appeal lies in its position as an affordable entry point into the market. With a recent sale price well below the citywide average, it suits first-time buyers, practical investors, or those seeking a lower-cost property with the security of a detached home and yard. It’s not a move-in-ready showcase but a pragmatic canvas. A thoughtful perspective is that its older vintage and below-average assessed value might translate into relatively lower property taxes compared to updated homes on similar lots, an ongoing cost savings for a budget-conscious owner.
Section 2: Frequently Asked Questions
1. What is the true condition of the home?
The listing notes the basement is "not renovated," which typically means it is in original, unfinished condition. Prospective buyers should budget for updates and a thorough inspection, as a 76-year-old home will likely have aging core systems like plumbing, wiring, and the roof.
2. How does the lot size compare to others?
At just over 5,000 sqft, the lot is smaller than many on Isbister Street and in Buchanan but remains close to the average size across Winnipeg. It provides a substantial yard for a city home but may not be as expansive as some immediate neighbours.
3. Why is the assessed value so much lower than the sale price?
Municipal assessed value for tax purposes is often based on older market data and mass appraisal techniques, and it frequently lags behind actual market sale prices, especially in active markets. The sale price reflects what a buyer recently paid in the open market.
4. Is this a good investment for the future?
Its potential is tied to the land and location. The value proposition is the ability to gradually improve the existing home or, in the long term, redevelop the lot. Its appeal is for those with a longer-term view, willing to invest sweat equity or capital over time.
5. What is the neighbourhood like?
Located in Buchanan, it offers central Winnipeg accessibility. The proximity to other similar, modest homes suggests a stable, established residential area. Buyers should visit at different times to gauge traffic, noise, and overall street atmosphere to see if it fits their lifestyle.
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