853 Isbister Street

Buchanan, Winnipeg

54.9

Fair

Overall 54.9

Compared with neighbourhood average

970 sqft (bottom 32%)

Built in 1971

Located in a high-income area

with median household income of ~88k

Transit 74.0

4-min walk to transit with 2 nearby routes

Within 500m: 3 schools, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 80%Tagalog · 4%

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

54.9 is composed by the two sections below.

Property Score

47.3Low
Living Area970 sqft42Low
Year Built197158Fair
Lot Size3,842 sqft46Low
Neighbourhood Sales Activity71Good

Community Score

66.2Good
Household Income80Excellent
Education Level34Low
Housing Stress52Fair
Core Housing Need100Excellent
Employment Health42Low

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: #46110308

Community deep dive

$88K

Median household income

$90K

Average household income

18%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

13%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)347
Labour force participation rate58%
Median age36.0
Avg household size3.0
Unemployment rate15%
Population density4337 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households13%
Couple families with children30%
Median household income (2020)$88K

Housing

Renter households34%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority27%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
970 sqft
0255075100
Same streetBottom 38%Same areaBottom 32%CitywideBottom 23%
Same street · Isbister Street
#117 / 190
Bottom 38% · Avg 1,089 sqft
Same area · Buchanan
#573 / 840
Bottom 32% · Avg 1,092 sqft
Citywide · Winnipeg
#149,374 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
285k
0255075100
Same streetBottom 17%Same areaBottom 23%CitywideBottom 25%
Same street · Isbister Street
#158 / 190
Bottom 17% · Avg 331.4k
Same area · Buchanan
#644 / 840
Bottom 23% · Avg 328.4k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetTop 47%Same areaTop 50%CitywideTop 47%

Lot Size

below average
3,842 sqft
0255075100
Same streetBottom 3%Same areaBottom 8%CitywideBottom 23%

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

853 Isbister Street — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 375 m), 3 parks (nearest 268 m).

Search radius
🏫Education3
🌳Parks3
🏦Finance1

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 10/2019CA$200k–250k
Sold price

Same street

Bottom 6%

Same area

Bottom 11%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 853 Isbister Street, Winnipeg

Property Overview: 853 Isbister Street, Winnipeg

Key Characteristics & Appeal

This is a modest, one-storey home built in 1971 on a standard city lot in the Buchanan neighbourhood. Its key practical features include a renovated basement, which adds valuable finished space to the 970 sqft main living area. The home presents a straightforward, low-maintenance profile with no garage or pool.

The primary appeal lies in its position as an accessible entry point into the Winnipeg market. The home's assessed value and recent sale price are significantly below city-wide averages, indicating a lower barrier to entry. It suits first-time buyers, investors, or downsizers seeking a functional home without a complex footprint. A thoughtful perspective is its lot size: while below average for the immediate street and area, it is still a decent 3,842 sqft parcel, offering typical backyard potential in a city where lot sizes can vary dramatically. The data suggests the home is a "value play"—you're purchasing essentially an average-sized house for its local context, but at a price point ranked in the bottom quarter of the city, which could allow for future investment in updates.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. This is a crucial point to verify with the listing agent and city permits, as it impacts rental potential and insurance.

2. How does the low assessed value affect property taxes?
A lower assessed value typically results in lower municipal property taxes compared to homes with higher valuations, which is a practical, ongoing financial benefit.

3. The home sold for less than its assessed value in 2019. Why?
Market conditions, the home's specific condition at the time of sale, and buyer motivation all influence final sale price. The 2019 sale price being below that year's assessment isn't uncommon and highlights the difference between a municipal valuation for taxation and actual market value.

4. What are the implications of having no garage?
This means all parking will be on-street or possibly via a driveway if one exists (check with the agent). It simplifies the structure and reduces maintenance but requires consideration for vehicle security and winter convenience.

5. The home is "around average" for its area in size and age. What does that mean?
It means the house fits the typical mould for Buchanan. You're not getting an unusually small or old home for the neighbourhood, which can be an advantage for resale and consistency. The value appears to come from its price position, not from being an outlier in features.

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