Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Magnus Avenue): Below Average. Ranked #606 out of 608 (Bottom 0%). The street average for comparable homes is 1,017 sqft.
Neighborhood Level (Burrows Central): Below Average. Ranked #1,785 out of 1,800 (Bottom 1%). The neighborhood average for comparable homes is 962 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #194,328 out of 194,457 (Bottom 0%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Magnus Avenue): Below Average. Ranked #512 out of 608 (Bottom 16%). The street average for comparable homes is 204.0k.
Neighborhood Level (Burrows Central): Below Average. Ranked #1,729 out of 1,800 (Bottom 4%). The neighborhood average for comparable homes is 211.7k.
Citywide Level (Winnipeg): Below Average. Ranked #193,089 out of 194,455 (Bottom 1%). The citywide average for comparable homes is 435.4k.
Street Level (Magnus Avenue): Below Average. Ranked #443 out of 608 (Bottom 27%). The street average for comparable homes is 1937.
Neighborhood Level (Burrows Central): Below Average. Ranked #1,637 out of 1,800 (Bottom 9%). The neighborhood average for comparable homes is 1934.
Citywide Level (Winnipeg): Below Average. Ranked #185,552 out of 194,457 (Bottom 5%). The citywide average for comparable homes is 1966.
Street Level (Magnus Avenue): Below Average. Ranked #402 out of 608 (Bottom 34%). The street average for comparable homes is 3,518 sqft.
Neighborhood Level (Burrows Central): Below Average. Ranked #1,419 out of 1,800 (Bottom 21%). The neighborhood average for comparable homes is 3,491 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #178,241 out of 194,457 (Bottom 8%). The citywide average for comparable homes is 6,570 sqft.
Burrows Central market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
1011 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 347 m), 1 healthcare (nearest 336 m), 3 parks (nearest 374 m).
Crime & safety
Waste collection schedule
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Related homes
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Address · Year Built · Living Area
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 1011 Magnus Avenue
Key Characteristics & Appeal
This is a compact, one-storey home built in 1909 on a standard city lot in Burrows Central. Its key characteristic is its value-focused proposition. The home presents a very modest living space of 472 sq ft and features a detached garage and an unrenovated basement. Its appeal lies almost entirely in its land and its price point, which is significantly below average for Winnipeg. The assessed value and recent sale history are a fraction of the city-wide norm, indicating an entry-level opportunity.
This property would suit a specific type of buyer: primarily investors, developers, or extremely hands-on owner-occupants. It is a clear candidate for a complete renovation or rebuild (subject to local regulations), making it a project for someone with vision, budget, and tolerance for significant work. It is not suited for someone seeking a move-in-ready or spacious home.
A less obvious perspective is its context within the immediate street. While its living area is among the smallest on Magnus Avenue, its lot size is closer to the local average. This highlights that the potential here is the land itself, not the existing structure. For the right buyer, the existing home may be seen not as a dwelling but as a temporary placeholder on a usable lot.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state—a very small, 117-year-old home that has not been renovated. It is assessed based on its existing condition and utility, not its potential future value after redevelopment.
2. What could a buyer do with this property?
The most likely paths are a substantial, down-to-the-studs renovation or a complete teardown and rebuild, depending on the buyer's goals, budget, and local zoning bylaws. It is a blank canvas for a new home or a rental investment.
3. How does the lot size compare to the neighbourhood?
At 2,800 sq ft, the lot is fairly typical for Burrows Central and on Magnus Avenue itself. It provides a standard urban footprint for a future home, which is a key asset of this listing.
4. Is the basement usable?
The listing specifies the basement exists but is "not renovated." Buyers should assume it is in original condition, likely lacking modern finishes and possibly having moisture or ceiling height issues common in century-old foundations. It should be inspected.
5. Who would this property not be suitable for?
It is not suitable for first-time buyers needing a move-in-ready home, families requiring immediate space, or anyone unable to manage a major construction project. It is a project property in the truest sense.