55.0
Fair
Property score
55.0
Fair
Overall 55.0
Smaller and older than most nearby homes
849 sqft (bottom 9%)
Built in 1951 (20 yrs older than avg)
Located in a above-average income area
with median household income of ~82k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 4 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
20 yrs older than neighborhood avg.
Mother tongue
English · 89%Tagalog · 2%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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55.0 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: #46110307
$82K
Median household income
$103K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
20%
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
921 Isbister Street — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 418 m), 4 parks (nearest 56 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 27% | Bottom 35% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 921 Isbister Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its land. The nearly 7,700 sqft lot is notably larger than most, ranking in the top 11-13% when compared to the street, neighborhood, and city. This is the property's primary asset, offering significant outdoor space and potential in the Buchanan area. The house itself is a modest, renovated one-storey bungalow from 1951 with 849 sqft of living space and a detached garage. Its assessed value is consistently around the average for its comparables.
The appeal lies in a "blank canvas" opportunity. The renovated basement adds functional living space, but the real draw is the expansive lot. It suits a specific buyer: someone looking for an entry point into the market who values private outdoor space over a large interior, or an investor/developer attracted by the subdividable potential of the lot (subject to zoning verification). It's a pragmatic choice for those comfortable with a smaller, older home footprint who see greater long-term value in the land itself.
Section 2: Frequently Asked Questions
1. Is the price reflective of a "teardown"?
While the home is livable with a renovated basement, the sale price and metrics suggest the market is valuing the land highly. The older home, smaller living area, and large lot combination indicate that future redevelopment or significant expansion is a key consideration for buyers.
2. How does the renovated basement impact the living space?
The listing confirms a renovated basement, which effectively adds usable square footage not fully reflected in the main living area statistic. This makes the home more functional than the 849 sqft main floor suggests.
3. The assessed value seems low. Why?
Assessed value for taxation purposes is not market value. This assessment is in line with similar properties in its group. The actual sale price will be determined by current market demand, particularly for its large lot.
4. What are the implications of the older year of build (1951)?
While well-maintained, an older home like this requires diligent inspection for foundational integrity, wiring, plumbing, and insulation. Its age is a factor in its smaller layout and lower assessed value relative to the land.
5. Who are the most likely buyers for this property?
First-time buyers or downsizers seeking a low-maintenance home with ample yard space, and investors or builders attracted by the lot's size and potential for adding a second dwelling or future new construction.
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