59.3
Fair
Property score
59.3
Fair
Overall 59.3
Smaller and older than most nearby homes
918 sqft (bottom 18%)
Built in 1952 (19 yrs older than avg)
Located in a high-income area
with median household income of ~109k
Transit 92.0
4-min walk to transit with 7 nearby routes
Within 500m: 2 dining spots, 3 parks, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
19 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Buchanan sales snapshot (~80% of all data)
257
361k
$351/sqft
1971
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59.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093
$109K
Median household income
$147K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
23%
Single-person households
28%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
632 Magnan Street — 7 amenities found within 500 m, across 3 categories, including 2 dining (nearest 234 m), 3 parks (nearest 220 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 632 Magnan Street.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Bottom 17% | Bottom 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 5% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 3% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 632 Magnan Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1952 on a standard-sized lot in Winnipeg's Buchanan neighbourhood. Its key characteristic is its value-oriented proposition. With a living area of 918 sq ft, no basement, and no garage, the home is compact and straightforward. The appeal lies squarely in its land and its price point. The lot size is above average for the immediate street and represents a solid footprint in the city. Recent sale prices have been consistently low, suggesting an entry point into the market or a land-value opportunity.
This property would suit a specific type of buyer: a first-time purchaser or investor comfortable with a smaller, older home that may require updates, viewing it as a canvas for renovation or a long-term land hold. It could also appeal to someone seeking minimal maintenance and utility costs. A less obvious perspective is its potential for those interested in "right-sizing"; the simple layout and lack of basement may appeal to someone looking to simplify without moving into a condo. Its value is primarily in the land and location, making it more of a strategic purchase than a move-in-ready family home.
Section 2: Frequently Asked Questions
1. Is this a teardown or a live-in property?
Based on the very low recent sale prices and the home's age/size, it is likely purchased for its land value. However, the condition isn't specified, so it could be liveable, though potentially requiring significant updates.
2. What does "no basement" mean for storage and utilities?
All living space is on the main floor. Utilities like the furnace and water heater would be in a small utility room on the main level, and storage space will be very limited, a key consideration for occupants.
3. How does the assessed value relate to the sale price?
The assessed value ($230k) is significantly higher than recent sale prices (around $24k). This is not uncommon; assessed value is for municipal taxation and often doesn't reflect market value for very modest or land-value properties.
4. What are the implications of having no garage?
Parking will be on-street or via a driveway if one exists (not specified). This affects convenience, vehicle security, and storage, and is a typical feature of older, compact homes in the area.
5. Why is the lot size highlighted as an appeal?
At 4,577 sq ft, the lot is larger than many on the same street. This provides more outdoor space, potential for additions like a garage or garden, and represents the lasting asset of the property—the land itself.
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