Property score
68.2
Good
Overall 68.2 · Larger and newer than most nearby homes
1,306 sqft (top 9%) · Built in 2021 (87 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, 2 parks, and 1 fuel station nearby
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Above average
87 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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68.2 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 146 m), 1 healthcare (nearest 183 m), 2 parks (nearest 420 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 3% | Top 2% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1049 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, stands out in its Burrows Central neighbourhood for its modern age. Its key appeal lies in being a contemporary structure in an area of mostly older homes, offering move-in readiness without the immediate need for major updates. The 1,306 sqft living space is notably above average for the immediate area, providing comfortable room for a small family or couple.
The property’s most distinctive characteristic is the significant contrast between its very high assessed value for the street and neighbourhood and its more average city-wide assessment. This suggests a premium is placed on its newness locally. The lot is compact (1,866 sqft), which translates to lower maintenance but less private outdoor space. It features a basement (unrenovated) and no garage.
This home would best suit a buyer looking for modern construction in a established neighbourhood, who prioritizes a low-maintenance interior over a large yard. It’s a practical choice for those wanting to avoid the renovation projects common with older homes, while accepting that the property’s premium is tied to its relative newness in the context of the immediate community.
Section 2: Frequently Asked Questions
Q: How does the modern build date affect insurance or maintenance costs?
A: A 2021 build typically means newer major systems (roof, HVAC, plumbing), which can lead to lower near-term maintenance costs and potentially more favourable home insurance premiums compared to older homes in the area.
Q: The assessed value seems high for the neighbourhood. What does this mean?
A: The assessment reflects the property’s modern age and condition relative to its immediate peers. While it commands a premium locally, it’s assessed closer to the Winnipeg average, indicating its value is more aligned with city-wide norms for a newer, mid-sized home.
Q: Is the small lot size a disadvantage?
A: It depends on your priorities. It limits expansive gardening or large outdoor recreation space but reduces yard work and upkeep. For buyers seeking a low-maintenance property, this can be a benefit.
Q: What does an unrenovated basement imply?
A: The basement is finished but has not been updated since the home was built in 2021. It offers functional space as-is but presents a blank canvas for future personalization if desired.
Q: How does the lack of a garage affect daily life and resale?
A: On-street parking is the norm here. This is a common trade-off in older neighbourhoods and should be factored in for vehicle storage and winter convenience. It aligns with the property’s lower-maintenance profile but may not suit those requiring sheltered parking.
