982 Isbister Street

Buchanan, Winnipeg

Property score

55.7

Fair

Overall 55.7 · Smaller and older than most nearby homes

884 sqft (bottom 15%) · Built in 1957 (14 yrs older 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

19% smaller than neighborhood avg.

Year Built

Below average

14 yrs older 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

55.7 is composed by the two sections below.

Property Score

45.0Low
Living Area884 sqft32Low
Year Built195743Low
Lot Size7,775 sqft91Excellent
Neighbourhood Sales Activity71Good

Community Score

71.8Good
Household Income85Excellent
Education Level34Low
Housing Stress83Excellent
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: #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.

Rankings

Living Area

below average
884 sqft
0255075100
Same streetBottom 17%Same areaBottom 15%CitywideBottom 15%
Same street · Isbister Street
#157 / 190
Bottom 17% · Avg 1,089 sqft
Same area · Buchanan
#714 / 840
Bottom 15% · Avg 1,092 sqft
Citywide · Winnipeg
#165,107 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
286k
0255075100
Same streetBottom 18%Same areaBottom 24%CitywideBottom 26%
Same street · Isbister Street
#156 / 190
Bottom 18% · Avg 331.4k
Same area · Buchanan
#636 / 840
Bottom 24% · Avg 328.4k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 11%Same areaBottom 6%CitywideBottom 37%

Lot Size

above average
7,775 sqft
0255075100
Same streetTop 7%Same areaTop 10%CitywideTop 12%

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

982 Isbister Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 208 m), 3 parks (nearest 164 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%

Sales History

Sold 12/2016CA$250k–300k
Sold price

Same street

Bottom 13%

Same area

Bottom 21%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 982 Isbister Street, Winnipeg

Property Overview: 982 Isbister Street, Winnipeg

Key Characteristics & Appeal

This single-storey home on a large 7,775 sqft lot in Buchanan presents a distinct value proposition centered on land and potential. Its primary appeal lies in the significant lot size, which ranks in the top 7% for the street and top 10% for the neighbourhood, offering ample outdoor space and redevelopment possibilities rare for the area. The home itself is modest, with a below-average living area of 884 sqft and an older 1957 build date, but it features a renovated basement. A detached garage adds practical utility.

The property suits two main types of buyers: those seeking a land opportunity—whether for future expansion, gardening, or as a long-term hold—and value-conscious entrants looking for a solid, renovate-as-you-live home in a stable neighbourhood. Its last sale price in 2016 was notably above assessed value, suggesting the market recognizes its underlying land worth. A thoughtful perspective is that while the house metrics are below area averages, the lot size offers a private buffer and a tangible asset that newer infill properties often lack. It’s a property where the true value is more in what you can do with it over time than in its current condition.

Frequently Asked Questions

1. Why is the lot size significant?
At 7,775 sqft, the lot is substantially larger than most in Buchanan (where the average is around 6,300 sqft). This provides extra privacy, space for additions, gardens, or outdoor amenities, and is a key factor in the property's long-term value.

2. The house seems small and older. What's the condition?
The home was built in 1957 and has a living area below neighbourhood averages. However, it includes a renovated basement, which adds functional space. Buyers should budget for updates to the main living areas to modernize the older structure.

3. Who would this property be best for?
It’s ideal for a buyer who prioritizes land over a move-in-ready large home. This includes first-time buyers comfortable with a project, investors seeing land value, or downsizers wanting a large yard without a large house to maintain.

4. How does the assessed value relate to the likely sale price?
The assessed value is for taxation purposes and is often lower than market value, especially for older homes on large lots. The 2016 sale at $250k, well above the assessed value, indicates the market pays a premium for the land potential.

5. What are the immediate neighbourhood comparisons?
Nearby properties on Isbister Street have similar lot sizes but often newer build dates (like the referenced 1983 home on Stradford St.). This highlights that 982 Isbister is an older home on a prime lot, making it a candidate for renovation or replacement in a street of more modernized properties.

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