1026 Magnus Avenue

Burrows Central, Winnipeg

57.2

Fair

Overall 57.2

Larger but older than most nearby homes

1,272 sqft (top 11%)

Built in 1910 (24 yrs older than avg)

Located in a above-average income area

with median household income of ~77k

Transit 92.0

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

32% larger 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)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

57.2 is composed by the two sections below.

Property Score

47.9Low
Living Area1,272 sqft66Good
Year Built191010Low
Lot Size2,979 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

71.2Good
Household Income75Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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
1,272 sqft
0255075100
Same streetTop 17%Same areaTop 11%CitywideTop 44%
Same street · Magnus Avenue
#103 / 608
Top 17% · Avg 1,017 sqft
Same area · Burrows Central
#196 / 1,800
Top 11% · Avg 962 sqft
Citywide · Winnipeg
#84,717 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
269k
0255075100
Same streetTop 10%Same areaTop 9%CitywideBottom 22%
Same street · Magnus Avenue
#58 / 608
Top 10% · Avg 178k
Same area · Burrows Central
#168 / 1,800
Top 9% · Avg 188.7k
Citywide · Winnipeg
#152,544 / 194,458
Bottom 22% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 30%Same areaBottom 13%CitywideBottom 6%

Lot Size

around average
2,979 sqft
0255075100
Same streetBottom 36%Same areaBottom 24%CitywideBottom 10%

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

1026 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 272 m), 1 healthcare (nearest 253 m), 2 parks (nearest 328 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 5/2016CA$250k–300k
Sold price

Same street

Top 8%

Same area

Top 12%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 1026 Magnus Avenue, Winnipeg

Property Overview

This 1910 two-storey home on Magnus Avenue presents a blend of historic character and practical updates. Its key appeal lies in offering above-average interior space for the immediate area, featuring 1,272 sqft of living area, which ranks within the top 20% of similar homes on its street. The home sits on a standard city lot and includes a renovated basement and a detached garage. While the building itself is notably older than the city average, its assessed value is strong for the neighbourhood, indicating it is well-regarded within its local market context. It last sold in 2016 for $270,000.

This property would suit a practical buyer looking for a character home with updated fundamentals in Burrows Central. It's ideal for someone who values more interior space over a large yard and appreciates a home that stands out positively in its immediate vicinity for its size and value assessment. It may also attract buyers interested in a home with a lower city-wide tax assessment compared to its neighbourhood standing.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, ceiling height, and whether it includes a legal secondary suite or additional living space.

2. How does the older year of construction (1910) affect the home?
While the home has historic charm, it likely requires closer attention to foundational integrity, insulation, wiring, and plumbing. Its above-average assessment for the area suggests these systems have been maintained or updated, but a thorough inspection is crucial.

3. The assessed value seems low compared to the 2016 sale price. Why?
Municipal assessed value for taxation purposes is often significantly lower than market value. The fact that this home's assessment is in the top 10% for its street indicates it is valued highly within its local market segment, even if that segment is priced below the city-wide average.

4. Who might this property not suit?
Buyers seeking a modern, low-maintenance home or a very large private yard may find it less suitable. The older age implies potential upkeep, and the lot size is around average for the street.

5. What is the significance of the detached garage?
A detached garage offers flexibility for use as a workshop or storage space separate from the house. However, it may be less convenient during Winnipeg winters compared to an attached garage, so considering its condition and proximity to the back entrance is important.

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