Property score
46.1
Below average
Overall 46.1 · Smaller but newer than most nearby homes
720 sqft (bottom 20%) · Built in 1951 (17 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 92.0 · 3-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
25% smaller than neighborhood avg.
Year Built
Above average
17 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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46.1 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
1045 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 170 m), 1 healthcare (nearest 196 m), 3 parks (nearest 408 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 1951 one-storey home on Magnus Avenue presents a straightforward opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in the balance of a renovated basement and a larger-than-average lot for the area, set against a modestly sized living space.
Key Characteristics & Ideal Buyer
The home sits on a 3,732 sqft lot, which is notably larger than many in Burrows Central and on Magnus Avenue itself. This provides valuable outdoor space and potential. The basement has been renovated, adding functional living area to the 720 sqft main floor. A detached garage offers practical storage or workshop space.
Its assessed value ranks above average for its immediate area, suggesting it is viewed as a solid property within its local market context. However, the living space is compact, and the home is older, which will factor into renovation plans and energy efficiency considerations.
This property would suit a first-time buyer, an investor, or a downsizer looking for a manageable footprint without sacrificing yard space. Its appeal is practical: it’s a home that offers the benefits of a renovated space and a good lot size, without the premium price of a larger or newer house. It’s for someone who sees potential in the land and the finished basement, and is prepared to live comfortably in a cozier main living area.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The details provided state the basement is renovated, but do not specify if it is a legal, rentable suite. This is a crucial point to verify with the listing agent and the city, as it impacts value, insurance, and income potential.
2. How does the low assessed value affect property taxes?
While the assessed value is low compared to the citywide average, it is actually above average for this specific neighbourhood. This typically results in proportionally lower property taxes, which is a practical financial advantage for the buyer.
3. What is the condition of the main floor (720 sqft)?
The listing highlights the renovated basement, but not the condition of the main floor. Given the home's age and compact size, understanding the state of the kitchen, bathroom, and systems on the primary level is essential for budgeting.
4. Why is the lot size a significant feature here?
The lot is in the top 25% for size in Burrows Central. In an older neighbourhood, a larger lot is a valuable asset for privacy, gardening, expansion, or future redevelopment, offering options that smaller lots do not.
5. What does the sale history tell us?
The home sold previously in 2016 for $18,100. The current assessed value is $23,100. This history indicates a market that has seen appreciation, but also underscores the importance of a current appraisal and understanding the factors behind the previous sale price.
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