57.1
Fair
Property score
57.1
Fair
Overall 57.1
Smaller and older than most nearby homes
924 sqft (bottom 22%)
Built in 1950 (21 yrs older than avg)
Located in a high-income area
with median household income of ~88k
Transit 80.0
3-min walk to transit with 3 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
15% 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
779 Isbister Street — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 224 m), 1 shopping (nearest 392 m), 5 parks (nearest 217 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 42% | Top 42% | Bottom 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 27% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 779 Isbister Street, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1950 on a standard city lot in the Buchanan neighbourhood. Its primary appeal lies in its value and potential, rather than in move-in-ready finishes. The home presents a straightforward layout with 924 sqft of living space, an unrenovated basement, and no garage. The lot size, while below average for the immediate street and area, is typical city-wide.
This property is best suited for specific buyers: first-time purchasers seeking an affordable entry point, investors looking for a rental property with a low acquisition cost, or hands-on buyers who view the home as a land-value proposition or a long-term renovation project. Its very low assessed value and recent sale price indicate it is a foundational property. The appeal here is grounded in opportunity—the chance to build equity through updates or to secure a holding in the market with minimal initial outlay. A less obvious perspective is that its age and simplicity could mean fewer hidden issues common in older, more complex renovations, and its below-average metrics for the area might offer a buffer against higher property taxes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property’s current state, size, and features relative to its immediate area. This home’s older age, smaller living area, and lack of renovations place its assessed value significantly below newer or updated homes in Winnipeg.
2. What does "unrenovated basement" typically imply?
It means the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates and anticipate a professional inspection to assess foundational integrity, moisture control, and systems like electrical and plumbing.
3. Who would this property not be suitable for?
It would likely not suit buyers seeking a turn-key home, those needing ample indoor or garage parking, or families requiring more square footage without a significant renovation project.
4. The sale price history shows a significant drop from 2022 to 2025. What does this indicate?
This sharp decrease likely reflects a major change in the property’s condition or status between sales, such as the removal of a structure (e.g., a house being taken down) or a significant change in its assessed classification. Verification with listing history and municipal records is essential.
5. Is the land size a disadvantage?
While the lot is smaller than some on Isbister Street, it is a standard city lot. For a buyer focused on the existing house or a future rebuild, the lot provides adequate space. The smaller footprint can also mean lower maintenance costs and less exterior upkeep.
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