Property score
41.4
Below average
Overall 41.4 · Smaller and older than most nearby homes
709 sqft (bottom 17%) · Built in 1906 (28 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, 3 parks, and 1 fuel station nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
28 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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41.4 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
1015 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 325 m), 1 healthcare (nearest 317 m), 3 parks (nearest 374 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 | Bottom 25% | Bottom 11% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 11% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
1015 Magnus Avenue is a compact, one-storey home built in 1906, situated on a modest lot in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its affordability and renovated basement, presenting a low-barrier entry point into the market. The home is notably smaller than most, with a living area of 709 sqft, and its assessed value is significantly below the city-wide average.
This property would suit a specific type of buyer: first-time purchasers or investors seeking a straightforward, low-cost holding. Its price point is its defining feature, making it a practical option for those prioritizing financial accessibility over space or modern amenities. A thoughtful perspective is that a home of this age and size offers a manageable footprint for someone looking to minimize upkeep and utility costs, while the renovated basement adds flexible liveable or storage space not reflected in the main square footage.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this property scores lower than most comparable homes in its category (e.g., size, age, value). For example, its living area is smaller than 85% of homes on its own street. This directly correlates to its lower price, highlighting it as a budget-conscious choice.
2. The home was built in 1906. What should I be most concerned about?
While the basement is noted as renovated, the core structure is over 110 years old. Prospective buyers should prioritize inspections for foundational integrity, outdated wiring or plumbing, and overall energy efficiency, as these are common considerations for homes of this era.
3. How can the assessed value be so much lower than the city average?
The assessed value ($14.20k) is for municipal tax purposes and is based on mass appraisal formulas. It reflects the home's small size, age, and the neighbourhood's market conditions. It is not a market valuation, but its stark difference from the city average underscores the property's position in the affordable segment of the market.
4. Is the land size a potential advantage?
At 2,688 sqft, the lot is smaller than average for the area. This isn't a property for someone seeking extensive outdoor space. However, the smaller lot translates to less maintenance, which could be viewed as a practical benefit for the right owner.
5. What can recent sale prices on the street tell me?
The home sold twice in 2017 for prices very close to its current assessed value, and nearby comparable homes also have low assessed values. This consistency suggests the pricing is stable for this specific type of small, older home in the area, indicating a market niche with less volatility.
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