Property Overview: 1024 Isbister Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Buchanan presents a solid opportunity centered on its generous lot and updated practicality. Its primary appeal lies in the combination of an above-average, 7,197 sqft lot—a standout feature ranking in the top 17% locally—and a recently renovated basement, offering immediate usable space. Built in 1976, the home is newer than many in the immediate area, and its 1,208 sqft living area is comfortably above the neighbourhood average. The attached garage adds everyday convenience.
The property’s strong assessed value relative to the street and neighbourhood suggests it has been maintained or improved in line with or above local standards. A less obvious perspective is that this home represents a "ground play"—the significant lot size offers not just outdoor space but long-term potential, whether for gardening, expansion, or simply a greater sense of privacy in a mature area. It would suit practical buyers looking for a move-in-ready, single-level layout with a finished basement, as well as those who value the inherent value and flexibility of a larger parcel of land in a established community.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 7,197 sqft lot is a key feature, placing it in the top 17% for size on Isbister Street and in the Buchanan neighbourhood, offering more space than most comparable local homes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish, rooms, or permits should be verified with the seller or listing agent for a complete understanding.
3. Is the sale price from 2022 relevant today?
The last sale price of $420k in July 2022 provides historical context and shows the property was valued well above average for the area at that time. Current market conditions will determine today's value.
4. How does the home’s age affect it?
Built in 1976, the home is newer than many on its street and in Buchanan. While this can mean updated building practices, the condition of major systems like roof, plumbing, and wiring should still be part of a standard inspection.
5. What is the neighbourhood like?
Located in Buchanan, it's a mature Winnipeg neighbourhood. The high rankings for lot size and value among nearby properties suggest a consistent, established area where outdoor space and property maintenance are common priorities.