Property score
41.4
Below average
Overall 41.4 · Smaller and older than most nearby homes
716 sqft (bottom 18%) · Built in 1910 (24 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
Below average
26% smaller than neighborhood avg.
Year Built
Below average
24 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
1022 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 289 m), 1 healthcare (nearest 268 m), 2 parks (nearest 326 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
This 1910-built, one-storey home on Magnus Avenue presents a practical and straightforward opportunity. Its key appeal lies in a combination of a renovated basement, a detached garage, and a lot size that is generous for the immediate area. At 716 sqft, the living space is compact, positioning this property as an affordable entry point into the Winnipeg market. The home last sold in 2020 for $180k, with a current assessed value significantly lower, which may attract attention from value-conscious buyers.
This home would suit a first-time buyer, an investor looking for a rental property, or someone seeking a modest, low-maintenance footprint. Its renovated basement adds functional space, while the detached garage offers utility or storage. A thoughtful perspective is that while the house itself is smaller and older than city averages, its lot is proportionally larger than many in the neighbourhood, offering potential for outdoor space or future expansion relative to nearby properties.
Frequently Asked Questions
1. Is the $17.4k assessed value the same as the market value?
No, the assessed value is for municipal tax purposes and is typically much lower than the market sale price, as evidenced by the home's last sale at $180k in 2020.
2. How does the lot size compare to others?
The lot is just under 3,000 sqft. It's slightly below the average for the Burrows Central neighbourhood but ranks in the top 64% on its own street, meaning it's actually on the larger side for Magnus Avenue.
3. What does the "renovated basement" include?
The details provided only confirm the basement is renovated, but not the scope or quality. This is a key point to clarify with the listing agent to understand the added living or utility space.
4. The home was built in 1910. Should I be concerned about major issues?
While the age suggests potential for outdated systems or foundations, the renovated basement is a positive sign of some updates. A thorough home inspection would be essential to evaluate the condition of the roof, wiring, plumbing, and structure.
5. How does this price fit for the area?
Based on the 2020 sale price and comparable nearby listings with similar assessed values, this home sits in an affordable segment of the market. It offers a cost-effective way to enter a neighbourhood where many lots are of a similar size, even if the houses themselves vary.
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