Property score
49.0
Below average
Overall 49.0 · Newer than most nearby homes
876 sqft (bottom 38%) · Built in 1948 (14 yrs newer 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
Below average
9% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer 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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49.0 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
1043 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 184 m), 1 healthcare (nearest 205 m), 3 parks (nearest 402 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 21% | Top 31% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1043 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key characteristic is a renovated basement, adding valuable finished space to the 876 sqft living area. The lot is a notable feature at 3,732 sqft, which is above average for both the immediate street and the broader neighbourhood, offering more outdoor space than many comparable properties.
The appeal lies in its position as a grounded, value-conscious entry point into the market. With a recently confirmed sale price and an assessed value significantly below the citywide average, it represents an accessible investment. The home suits first-time buyers seeking a manageable footprint with updated essentials, or investors looking for a straightforward rental property with a lower entry cost. The above-average lot size for the area is a less obvious advantage, providing potential for gardening, expansion, or simply more privacy than neighbouring homes.
Section 2: Frequently Asked Questions
1. What does "renovated basement" include?
While the listing confirms the basement is renovated, specific details on the finish, ceiling height, permits, or the nature of the renovation (e.g., cosmetic vs. structural) are not provided. This would be a key point for a viewing or inquiry.
2. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes compared to homes with higher valuations. This is a practical financial benefit for the owner.
3. Is the living space sufficient for a small family?
At 876 sqft, the living area is compact. The renovated basement likely provides crucial additional functional space, making the home more viable for a small household, but the main floor square footage is below the neighbourhood average.
4. What are the implications of having no garage?
The property has no garage. Buyers should consider the cost and feasibility of adding off-street parking or a storage shed, and assess on-street parking availability, especially in winter.
5. The home is older; what should I be mindful of?
Built in 1948, the home is above average in age for its street. While the basement has been renovated, a thorough inspection of major aging components (like the roof, foundation, plumbing, and electrical systems) is highly recommended to understand any upcoming maintenance needs.
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