978 Isbister Street

Buchanan, Winnipeg

Property score

58.8

Fair

Overall 58.8 · Smaller but newer than most nearby homes

824 sqft (bottom 7%) · Built in 1985 (14 yrs newer than avg)

Located in a high-income area with median household income of ~100k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

25% smaller than neighborhood avg.

Taon ng Paggawa

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 3%

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

58.8 is composed by the two sections below.

Property Score

50.1Fair
Living Area824 sqft32Low
Taon ng Paggawa198573Good
Lupa6,600 sqft85Excellent
Neighbourhood Sales Activity71Good

Community Score

71.8Good
Household Income85Excellent
Education Level34Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health42Low

Istatistika ng benta ng komunidad

Buchanan

How to read: Share of sales in each ~$50k price band for “buchanan” (Detached na bahay (hindi 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: #46110306

Community deep dive

$100K

Median household income

$104K

Average household income

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

14%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)352
Labour force participation rate56%
Median age46.0
Avg household size2.5
Unemployment rate15%
Population density26 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households14%
Couple families with children28%
Median household income (2020)$100K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority14%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 2%

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

Mga ranggo

Living Area

mas mababa sa average
824 sqft
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideBottom 11%
Same street · Isbister Street
#171 / 190
Bottom 10% · Avg 1,089 sqft
Same area · Buchanan
#779 / 840
Bottom 7% · Avg 1,092 sqft
Citywide · Winnipeg
#173,920 / 194,458
Bottom 11% · Avg 1,342 sqft

Assessed Value

karaniwan
338k
0255075100
Same streetTop 36%Same areaTop 32%CitywideBottom 42%
Same street · Isbister Street
#68 / 190
Top 36% · Avg 331.4k
Same area · Buchanan
#269 / 840
Top 32% · Avg 328.4k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1985
0255075100
Same streetTop 12%Same areaTop 10%CitywideTop 29%

Lupa

lampas sa average
6,600 sqft
0255075100
Same streetTop 34%Same areaTop 26%CitywideTop 21%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

978 Isbister Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 223 m), 3 parks (nearest 171 m).

Search radius
🏫Education1
🌳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%

Kasaysayan ng Benta

Naibenta 4/2020CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 42%

Parehong lugar

Bottom 49%

Buong lungsod

Bottom 36%

Related homes

Mga tampok at karaniwang tanong: 978 Isbister Street, Winnipeg

Property Overview: 978 Isbister Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1985 bi-level home sits on a notably spacious 6,600 sqft lot in the Buchanan neighbourhood, offering land size that ranks above average for both the area and the city. Its key features include a renovated basement and a detached garage. The home itself is more compact, with a living area of 824 sqft, which is below the typical size for comparable properties. This creates a specific dynamic: you are investing significantly in the land and location, with a modest-sized dwelling on it.

The primary appeal lies in this land-to-structure ratio. It’s a solid entry point into a mature neighbourhood, where the generous lot provides immediate outdoor space and long-term potential. The renovated basement adds functional living space, offsetting the smaller main floor. This property would suit first-time buyers or practical downsizers who prioritize yard space and future flexibility over immediate square footage. It’s for the buyer who sees a home not just for its current footprint, but for the possibilities its parcel of land represents—whether that’s gardening, expansion, or simply having room to breathe.

Section 2: Frequently Asked Questions

1. Is the house too small?
At 824 sqft, the above-ground living area is indeed below average for the area. However, the renovated basement effectively doubles the usable space, making the overall footprint more practical for daily living.

2. What does the assessed value mean for the sale price?
The municipal assessed value is for taxation purposes and is often significantly lower than market value. The home last sold in 2020 for $290,000, which is a more relevant benchmark, though current market conditions will determine the final price.

3. How does the lot size compare?
The 6,600 sqft lot is a standout feature. It’s larger than most lots on the same street and in the wider Buchanan neighbourhood, offering more private outdoor space than many comparable properties.

4. What is the neighbourhood like?
Buchanan is a mature, established neighbourhood in Winnipeg. The property metrics show homes here are typically on smaller lots and are older, making this particular home newer (1985) and on a larger parcel than many of its immediate peers.

5. What are the possible drawbacks?
The bi-level design involves split-level stairs at the entrance. The detached garage, while a benefit, means accessing your vehicle in winter requires going outside. Buyers should consider if the layout and the balance between land size and interior space match their lifestyle needs.

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