Property score
55.4
Fair
Overall 55.4 · Larger than most nearby homes
1,174 sqft (top 18%) · Built in 1921 (13 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 92.0 · 4-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
Above average
22% larger than neighborhood avg.
Year Built
Near average
13 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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55.4 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
1033 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 249 m), 1 healthcare (nearest 253 m), 3 parks (nearest 382 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 20% | Top 30% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1033 Magnus Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1921, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its value proposition and efficient use of space. While situated on a smaller lot (2,239 sq ft) compared to most in the city, the living area (1,174 sq ft) is notably above average for both its street and immediate area, suggesting a well-utilized floor plan within a compact footprint.
The home suits buyers with clear priorities: first-time purchasers seeking an affordable entry point, investors looking for a rental property with a manageable scale, or downsizers wanting a cozy, low-maintenance layout. Its assessed value is significantly below the Winnipeg average, indicating a lower property tax burden—a key, less obvious advantage for budget-conscious owners.
The detached garage adds practical storage or workshop space. It's important to note the basement exists but is unrenovated, representing both a project cost and future potential. The 2021 sale price was closely aligned with the assessed value, suggesting a stable, modestly priced market for the property.
Frequently Asked Questions
1. Is the smaller lot size a major drawback?
While the land area is below average, this often translates to less yard maintenance and lower exterior upkeep costs—a potential benefit for those not seeking extensive outdoor space.
2. What does the "above average" living area ranking mean practically?
It means that for this specific street and neighbourhood, the home offers more interior space than most comparable properties. You're getting a relatively spacious house on a smaller parcel of land.
3. Why is the citywide assessed value so much lower than the average?
The assessed value reflects the property's value relative to all properties in Winnipeg for tax purposes. Its low ranking here is primarily due to the home's modest scale and the neighbourhood's market values compared to more expensive areas citywide.
4. What should I consider about the unrenovated basement?
It provides functional space for utilities and storage as-is. Any finishing would be a future investment, allowing you to customize it to your needs, but you should budget for potential updates to moisture control, insulation, and flooring.
5. How does the year built (1921) affect the home?
Homes of this era often feature solid construction and simple, durable materials. Buyers should prioritize a thorough inspection focusing on updates to essential systems like wiring, plumbing, and the roof, which may be due for replacement given the home's age.
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