1005 Magnus Avenue

Burrows Central, Winnipeg

Property score

51.3

Fair

Overall 51.3 · Larger than most nearby homes

1,064 sqft (top 30%) · Built in 1913 (21 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 82.0 · 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

Above average

11% larger than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 44%Tagalog · 35%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

51.3 is composed by the two sections below.

Property Score

38.0Low
Living Area52
1,064 sqftFair
Year Built16
1913Low
Lot Size10
1,866 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

71.2Good
Household Income75
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health52
Fair

Neighbourhood Sales

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.

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: #46110169

Community deep dive

$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

Population, labour & age

Population (2021)826
Labour force participation rate63%
Median age36.4
Avg household size2.9
Unemployment rate17%
Population density5900 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children30%
Median household income (2020)$77K

Housing

Renter households36%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority62%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 34%

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

Rankings

Living Area

above average
1,064 sqft
0255075100
Same streetTop 35%Same areaTop 30%CitywideBottom 35%
Same street · Magnus Avenue
#210 / 608
Top 35% · Avg 1,017 sqft
Same area · Burrows Central
#534 / 1,800
Top 30% · Avg 962 sqft
Citywide · Winnipeg
#126,262 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
155k
0255075100
Same streetBottom 40%Same areaBottom 32%CitywideBottom 3%
Same street · Magnus Avenue
#366 / 608
Bottom 40% · Avg 178k
Same area · Burrows Central
#1,221 / 1,800
Bottom 32% · Avg 188.7k
Citywide · Winnipeg
#187,721 / 194,458
Bottom 3% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 39%Same areaBottom 33%CitywideBottom 10%

Lot Size

below average
1,866 sqft
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 1%

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

1005 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 371 m), 1 healthcare (nearest 358 m), 2 parks (nearest 376 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks2
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 3/2022CA$150k–200k
Sold price

Same street

Top 30%

Same area

Top 44%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 1005 Magnus Avenue, Winnipeg

Property Overview: 1005 Magnus Avenue

This one-and-a-half storey home, built in 1913, presents a straightforward opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its position as an affordable entry point into the market, with a recently sold price of $19,700 and a modest assessed value. The 1,064 sqft living area is notably above average for the immediate area, offering more interior space than many neighbouring homes. However, the lot size of 1,866 sqft is significantly smaller than typical for the city, which is a key trade-off.

The property suits practical buyers looking for minimal financial outlay, such as first-time investors considering a rental property, or owners seeking a basic, no-frills home with very low property taxes. Its unrenovated basement and lack of a garage highlight it as a project or a "as-is" functional space. A thoughtful perspective is that the compact lot means lower maintenance costs and less time spent on yard work, which could be a benefit for some lifestyles. This isn't a home for those seeking ample outdoor space or modern finishes, but rather for those who prioritize utility and cost-effectiveness above all else.


Frequently Asked Questions

1. What does "below average" for land area actually mean?
The lot is 1,866 sqft, which is smaller than most properties in Winnipeg. In fact, it ranks in the bottom 3% city-wide for lot size. This means outdoor space is very limited, but it also translates to less yard maintenance.

2. Is the assessed value the same as the market price?
No. The assessed value for taxes is $15,500, but the home sold for $19,700 in March 2022. Assessed value is used for calculating property taxes and is often lower than market sale prices.

3. The home is over 100 years old. What should I expect?
While the year built is around average for the street, a 1913 build means potential for older mechanical systems, wiring, and plumbing. The unrenovated basement condition should be carefully inspected.

4. How does the living space compare to nearby homes?
At 1,064 sqft, the living area is actually above average for the Burrows Central neighbourhood. This suggests you get more interior space than many homes in the area, despite the small lot.

5. Who might this property not be suitable for?
It likely won't suit buyers looking for turn-key condition, room for expansion, significant outdoor space, or off-street parking (there's no garage). It's geared toward those comfortable with a basic, compact property.