Property Overview: 920 Isbister Street, Winnipeg
Key Characteristics & Appeal
This 1972 bi-level home at 920 Isbister Street presents a practical opportunity in the Buchanan neighbourhood. Its primary appeal lies in the balance of a generous, above-average 6,597 sqft lot with a modest, renovated living space of 924 sqft. The home features a renovated basement, adding functional space. While the living area is compact compared to local averages, this translates to lower maintenance and utility costs—a key consideration for budget-conscious buyers.
The property’s assessed value ranks above average for both the street and neighbourhood, suggesting a solid foundation of perceived value within its immediate community. The lot size is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion relative to many city properties. This home would suit first-time buyers, downsizers, or investors seeking a manageable property with a valuable land component in a stable, established area. It’s a home that prioritizes land potential and location efficiency over sheer interior size.
Frequently Asked Questions
1. Is the lot size typical for the area?
Yes, the lot is approximately 6,600 sqft, which is above average for both the Buchanan neighbourhood and the city overall, offering more outdoor space than many comparable properties.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or a viewing to understand the finish quality and layout.
3. How does the home’s size compare to others?
With 924 sqft of living area, this home is more compact than the average home on its street, in Buchanan, and across Winnipeg. This often means lower heating and upkeep costs.
4. What is the parking situation?
The listing specifies there is no garage. Parking would be limited to driveway or street parking, which is common for homes of this era in the area.
5. How does the last sale price relate to the current assessment?
The home sold for $31,100 in April 2020. Its current assessed value is $34,800, which is above the local average for assessed values, indicating a positive shift in its valuation over the past few years.