Property score
48.2
Below average
Overall 48.2 · Compared with neighbourhood average
976 sqft (top 46%) · Built in 1923 (11 yrs older 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, 2 parks, and 1 fuel station nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Near average
11 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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48.2 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
1049 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 139 m), 1 healthcare (nearest 180 m), 2 parks (nearest 423 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 14% | Top 21% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Magnus Avenue, built in 1923, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its balance of a renovated basement and a very manageable scale, with a living area of 976 sq ft on a 1,866 sq ft lot. The data reveals a clear story: while the lot size is modest compared to city-wide averages, the property's assessed value ranks well above average for its immediate street and neighbourhood. This suggests it may represent a more affordable entry point into the area, with the potential for value tied more to the structure and its updates than to the land itself. The home last sold in June 2020.
Who It's For:
This property would suit a first-time buyer, an investor, or someone looking for a low-maintenance footprint. Its renovated basement adds functional space, making it viable for someone needing a mortgage helper or extra room without a large overall property to manage. It’s a home for those prioritizing practicality and location within a specific budget over size or a newer build.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is smaller than many city lots, it also means less exterior maintenance. For the right buyer, this can be a benefit rather than a drawback, offering a manageable yard without the upkeep of a larger property.
2. What does the above-average assessed value for the street indicate?
It typically suggests that the municipal assessment sees the property—likely due to the renovated basement and overall condition—as having more value relative to its immediate neighbours. This can be positive, but it's important to compare this to the actual sale price and recent market activity.
3. Are older homes like this a concern?
Built in 1923, the home will require a diligent inspection. However, its age is actually around the neighbourhood average, meaning local trades may be familiar with common issues and solutions for homes of this vintage.
4. What is the neighbourhood like?
Burrows Central is an established, no-frills neighbourhood. The provided comparable properties show a mix of ages, sizes, and values, indicating a diverse streetscape. Prospective buyers should visit at different times to get a feel for the community.
5. How does the 2020 sale price relate to the current assessed value?
The home sold for $23,700 in 2020, which is slightly below its current assessed value of $24,900. This close alignment suggests stable municipal valuation over that period, but the current market value will be determined by present-day market conditions and the property's state.
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