Property score
49.3
Below average
Overall 49.3 · Compared with neighbourhood average
950 sqft (top 49%) · Built in 1920 (14 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
Near average
1% smaller than neighborhood avg.
Year Built
Near average
14 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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49.3 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
1017 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 314 m), 1 healthcare (nearest 308 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 | Top 42% | Bottom 47% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1017 Magnus Avenue
Key Characteristics & Appeal
This is a modest, century-old home (built 1920) in Winnipeg's Burrows Central neighborhood. Its primary appeal lies in its position as an affordable entry point into the housing market. With 950 sqft of living space, it offers compact, functional living. The lot size of 2,624 sqft is smaller than many in the area, which can mean lower maintenance. A key feature is the existing, unrenovated basement, presenting a clear opportunity for future expansion or improvement to add value.
The home suits first-time buyers, practical investors, or those seeking a low-cost footprint. Its assessed value is significantly below the city average, suggesting a relatively low property tax burden. A thoughtful perspective is that this property represents a "blank canvas" trade-off: you gain affordability and control over future renovations, but assume the responsibility and cost of any updates. Its recent sale in early 2024 indicates it's a move-in ready home in its current condition, likely appealing to those who value potential over immediate polish.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
Not necessarily. While below average for the street, a smaller lot requires less upkeep and can be a benefit for buyers seeking a low-maintenance yard. It's a practical compromise that contributes to the home's affordability.
2. What does "below average" assessed value mean for me?
A below-average assessed value typically translates to below-average municipal property taxes compared to the wider city. This is a key ongoing cost savings, though the final tax bill is calculated using the mill rate.
3. The basement is noted as "not renovated." What should I expect?
This indicates the basement is in original or functional condition, not modernized. It is likely usable for storage, laundry, or basic utilities, but would require investment to become finished living space. A professional inspection is advised to check its foundation and systems.
4. How does this home compare to others on the street?
The data shows it is very typical for Magnus Avenue in terms of age, living space, and value. It sits comfortably in the middle of the pack for the immediate area, meaning it's a representative, not an outlier, property for the block.
5. The home is over 100 years old. What are the main concerns?
While the structure has proven its durability, key considerations for a home of this age include the condition of major systems like plumbing, electrical, and the roof. An updated furnace or wiring can be a significant plus. The unrenovated state means these systems may be original or older, so a thorough inspection is crucial.
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