45.2
Below average
Property score
45.2
Below average
Overall 45.2
Smaller and older than most nearby homes
664 sqft (bottom 1%)
Built in 1900 (71 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
39% smaller than neighborhood avg.
Year Built
Below average
71 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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45.2 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
931 Isbister Street — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 412 m), 4 parks (nearest 37 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 10% | Bottom 15% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 931 Isbister Street, Winnipeg
Key Characteristics & Appeal
This property presents a distinct profile centered on its land value and renovation potential. Its primary appeal lies in the combination of a very large, 7,684 sqft lot—ranking in the top 11-13% for size locally—with a recently renovated basement. The home itself is a compact, one-storey structure built in 1900, with a living area of 664 sqft that is significantly smaller than area averages. This creates a clear dynamic: you are purchasing a substantial piece of land in the Buchanan neighbourhood with a modest, historic home on it.
The property would best suit a specific type of buyer. It’s an ideal candidate for an investor, builder, or hands-on homeowner looking for a land-play or a long-term renovation project. The low assessed value and recent sale price reflect its current condition, making it a potential entry point into the market for those with vision and renovation capital. It is less suited for buyers seeking a move-in-ready home with ample interior space. A thoughtful perspective here is to see the house not just for its current footprint, but as a foundation—the renovated basement adds immediate utility, while the expansive lot offers future possibilities like an addition, garden, or redevelopment, subject to zoning.
Frequently Asked Questions
1. Why is the assessed value so much higher than the recent sale price?
The sale price likely reflects the property’s as-is condition and market factors at the time of sale. The assessed value is an estimate for taxation purposes and may place more weight on the land value and recent renovations, but it does not dictate market value.
2. What does having a "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and permits should be verified through a viewing and inspection. It adds valuable functional space to the otherwise small living area.
3. Given the home's age (1900), what should I be concerned about?
While the basement is updated, a home of this age requires careful attention to its core structure, foundation, electrical, plumbing, and insulation. A thorough pre-purchase inspection is essential to understand the condition of the original house.
4. Is the large lot size a guarantee I can build or expand easily?
Not necessarily. While the lot size offers potential, any expansion or new construction is subject to City of Winnipeg zoning bylaws, heritage considerations (given the age), and setback requirements. Feasibility should be researched before purchase.
5. How does the compact living area (664 sqft) compare to nearby homes?
The data shows this home’s living area is in the bottom 2-3% compared to neighbours, with area averages being nearly double. This confirms the property is uniquely configured, prioritizing land over interior square footage.
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