Property Overview: 1058 Isbister Street, Winnipeg
Key Characteristics & Appeal
This well-situated Buchanan neighbourhood home presents a compelling blend of space, updates, and recreational features. Built in 1974, the 1,200 sqft one-storey home sits on a notably large lot of nearly 7,000 sqft, placing it in the top 20-26% for land size both locally and citywide. Key amenities include a renovated basement, a detached garage, and the standout feature of a private pool. The home’s recent sale price of $340k aligns with the average for the broader Winnipeg market, while its assessed value ranks above average for its immediate street and neighbourhood.
Its appeal lies in its generous outdoor space and turn-key recreational amenities, offering a suburban feel within the city. The renovated basement adds functional living space, making the home feel larger than its square footage suggests. It would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space, as well as anyone valuing private outdoor leisure space for family summers. A less obvious perspective is that the above-average lot size offers not just room for the pool, but also significant future potential for landscaping, gardening, or expansion, which is increasingly rare in mature neighbourhoods.
Frequently Asked Questions
1. How does the recent sale price compare to the area?
The home sold for $340,000 in June 2024. This price is around the average for the wider Winnipeg market and is competitively positioned within the top 31-34% for the Buchanan neighbourhood and Isbister Street specifically.
2. What does "renovated basement" typically include?
While the specific finishes are not detailed, a listing noting a "renovated basement" generally means the lower level has been professionally updated to create a finished, livable space, which often includes new flooring, drywall, lighting, and possibly a bathroom or recreation room.
3. Is the pool an asset or a liability for resale?
It can be both. For the right buyer, it's a major recreational asset that enhances summer living and entertainment. However, it does require ongoing maintenance and carries associated costs and safety considerations, which some buyers may view as a drawback.
4. How does the home's size compare to others nearby?
With 1,200 sqft of living area, this home is above average for both Isbister Street and the Buchanan neighbourhood, ranking in the top 22%. It offers more interior space than many immediate comparable properties.
5. What is the significance of the lot size?
At 6,955 sqft, the lot is a key feature. It is substantially larger than the average lot for the area, offering more privacy, space for the pool and deck, and greater distance from neighbouring homes than is typical for the neighbourhood.