636 Magnan Street

Buchanan, Winnipeg

Property score

49.6

Below average

Overall 49.6 · Smaller and older than most nearby homes

694 sqft (bottom 1%) · Built in 1952 (19 yrs older than avg)

Located in a high-income area with median household income of ~109k

Transit 92.0 · 5-min walk to transit with 7 nearby routes · Within 500m: 2 dining spots, 3 parks, and 2 fuel stations nearby

Living Area

Below average

36% 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)

Sold Count

257

Median price

361k

$/sqft

$351/sqft

Avg build year

1971

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Property score

49.6 is composed by the two sections below.

Property Score

28.8Low
Living Area694 sqft15Low
Year Built195236Low
Lot Size4,577 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

80.7Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$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

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
694 sqft
0255075100
Same streetBottom 15%Same areaBottom 1%CitywideBottom 3%
Same street · Magnan Street
#11 / 13
Bottom 15% · Avg 855 sqft
Same area · Buchanan
#830 / 840
Bottom 1% · Avg 1,092 sqft
Citywide · Winnipeg
#187,750 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
245k
0255075100
Same streetBottom 46%Same areaBottom 4%CitywideBottom 16%
Same street · Magnan Street
#7 / 13
Bottom 46% · Avg 261.3k
Same area · Buchanan
#806 / 840
Bottom 4% · Avg 328.4k
Citywide · Winnipeg
#163,299 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1952
0255075100
Same streetBottom 38%Same areaBottom 3%CitywideBottom 30%

Lot Size

around average
4,577 sqft
0255075100
Same streetTop 46%Same areaBottom 17%CitywideBottom 35%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

636 Magnan Street — 7 amenities found within 500 m, across 3 categories, including 2 dining (nearest 253 m), 3 parks (nearest 190 m).

Search radius
🍽️Dining2
🌳Parks3
Fuel Stations2

Crime & Safety

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%

Sales History

Sold 5/2017CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 11%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 636 Magnan Street, Winnipeg

Property Overview: 636 Magnan Street

Key Characteristics & Appeal

This is a compact, one-storey home built in 1952 on a generously sized lot in Winnipeg's Buchanan neighbourhood. Its primary appeal lies in the combination of a renovated basement and a detached garage, offering valuable functional space and storage. The land area of 4,577 sqft is notably larger than many lots in Buchanan, presenting a standout opportunity for gardening, expansion, or simply enjoying more private outdoor space than is typical for the area.

The home itself is modest in size at 694 sqft of living area, making it one of the smaller homes on its street and in the wider neighbourhood. This positions it as an efficient, low-maintenance property. Its assessed value is proportionally lower than area averages, suggesting a potentially accessible entry point into the market. The appeal is grounded in practicality: it suits first-time buyers seeking a manageable footprint with upgrade potential, investors looking for a character home with a strong land-to-structure ratio, or downsizers who value a renovated basement for hobbies or guests and a large yard without the upkeep of a large house.


Frequently Asked Questions

1. How does the lot size compare to others?
The lot is 4,577 sqft, which is larger than the average for the immediate Buchanan neighbourhood. It offers more outdoor space than over 80% of comparable local properties.

2. Is the home particularly small?
Yes. With 694 sqft of living area, it is smaller than most homes on Magnan Street and in Buchanan. This indicates a cozy, efficient layout ideal for those seeking minimal interior maintenance.

3. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. A viewing is essential to assess the finish quality, layout, and whether it includes legal secondary suite potential or is designed as additional living space.

4. How does the year built affect the property?
Built in 1952, the home is older than most in Buchanan. Buyers should budget for age-related maintenance and consider a thorough inspection, but may also appreciate the classic character and established neighbourhood feel.

5. Why is the assessed value notably lower than the city-wide average?
The assessed value reflects the home's smaller size and older age relative to the entire Winnipeg market. It is more aligned with values on its own street, indicating the price is likely driven by the land value and location rather than the structure's square footage.

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