Property Overview: 800 Isbister Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic one-storey bungalow on a notably large, 7,796 sqft lot in the Buchanan neighbourhood. Built in 1970, its key features include a renovated basement and a detached garage. The primary appeal lies in its land size—the property ranks in the top 6% to 12% for lot dimensions when compared to its street, neighbourhood, and the wider city. This presents a significant opportunity for gardening, outdoor space, or future expansion.
The living area (946 sqft) is modest and below the city average, suggesting the home itself is a comfortable but straightforward layout, likely appealing to those who prioritize land over square footage. With an assessed value that is consistently around the average for its immediate area, it represents a grounded entry point into a mature neighbourhood. This property would suit first-time buyers, downsizers seeking a manageable home with generous outdoor space, or value-oriented investors attracted by the lot’s potential. It’s a practical choice for someone who sees the underlying value in the land itself, rather than a turnkey, high-end finish.
Section 2: Frequently Asked Questions
1. Is the large lot usable, or is it an odd shape?
While the listing confirms the lot size is well above average, viewing the property or checking a survey/pin map is recommended to understand its exact layout and usability for your plans.
2. What does “renovated basement” include?
The listing notes the basement is renovated but does not specify the scope. Inquiries should be made about the finish quality, permits, and whether it includes added bedrooms or living space.
3. How does the assessed value relate to the likely sale price?
The home last sold in 2020 for $33,500, and its current assessed value is $33,300. This suggests a stable value history, but the final sale price will be determined by current market conditions.
4. What is the typical character of the Buchanan neighbourhood?
With homes built primarily in the early 1970s and lot sizes that are often above average, Buchanan offers established, residential streets. The average metrics suggest a neighbourhood of similar, modest-sized bungalows.
5. Are there any obvious concerns given the age of the home?
As a home built in 1970, a thorough inspection is wise to assess the condition of major aging components like the roof, windows, and foundation, as well as the electrical and plumbing systems.