Property score
41.7
Below average
Overall 41.7 · Smaller than most nearby homes
760 sqft (bottom 25%) · Built in 1927 (7 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 2 parks, and 1 fuel station nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
7 yrs older than neighborhood avg.
Mother tongue
English · 44%Tagalog · 35%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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41.7 is composed by the two sections below.
Property Score
Community Score
Burrows Central
How to read: Share of sales in each ~$50k price band for “burrows central” (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: #46110169
$77K
Median household income
$80K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
30%
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
1001 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 388 m), 1 healthcare (nearest 373 m), 2 parks (nearest 379 m).
Burrows Central · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
46%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Top 49% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 1001 Magnus Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in a combination of a renovated basement, a very generous lot size, and a living area that ranks well above average for the city. The lot of over 2,100 sq ft is a standout feature, placing it in the top tier locally and offering valuable outdoor space or future potential. While the house itself is compact at 760 sq ft, its living area is notably larger than most Winnipeg homes. The 1927 build date means it carries character but also requires a buyer comfortable with the maintenance considerations of an older home. Recent updates to the basement add functional living space.
This property would suit a first-time buyer, an investor, or someone looking for a downsizing option who prioritizes land size over a large interior footprint. Its strong rankings for lot and living area size, paired with a recently refreshed basement, offer a solid foundation. Buyers should note the absence of a garage and be prepared for the typical upkeep of a near-century-old structure.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in February 2023 for $18,700. The current assessed value is $19,500, indicating stable municipal valuation in line with the recent market transaction.
2. What does the "ranking" data actually mean for a buyer?
These percentile rankings (e.g., "Top 1% in Winnipeg" for lot size) are comparative tools. They show that this property's land area is larger than 99% of lots in Winnipeg, which is a significant advantage. Conversely, its year-built rank is more average, meaning many nearby homes are of a similar vintage.
3. Is the renovated basement a full suite?
The listing notes a "renovated basement" but does not specify it as a legal suite. Buyers should verify the work done, whether it includes a separate entrance or kitchen facilities, and ensure all renovations were permitted.
4. The nearby comparable listings show a wide range of assessed values. Why?
The provided comparisons include everything from small homes to a $270k property, highlighting the diversity of housing in Burrows Central. This variance suggests lot size, condition, and specific upgrades heavily influence value here. This home's value aligns with the more modestly assessed comparables.
5. What are the less obvious considerations with a large lot on an older home?
A large lot is an asset, but it also means more yard maintenance. For an older home, it's wise to budget for potential updates to older mechanical systems (like plumbing or wiring) that come with the territory, and to consider how the lot's size might affect winter snow clearing or summer landscaping costs.
