Property score
59.0
Fair
Overall 59.0 · Newer than most nearby homes
935 sqft (bottom 49%) · Built in 2016 (82 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
Near average
3% smaller than neighborhood avg.
Year Built
Above average
82 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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59.0 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
1055 Magnus Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 125 m), 1 healthcare (nearest 173 m), 2 parks (nearest 432 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 10% | Top 13% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
1055 Magnus Avenue is a well-maintained, one-storey home built in 2016, offering a modern foundation in the established Burrows Central neighbourhood. Its key appeal lies in the balance between a newer, low-maintenance structure and a modest, manageable scale. The home sits on a roughly 2,800 sqft lot, which is typical for the street, and features a renovated basement and a detached garage.
Key Characteristics & Ideal Buyer
This property stands out primarily for its age. Built just 10 years ago, it is a modern exception on a street and in a neighbourhood where the average home is decades older, ranking in the top 3% locally for its year of construction. This translates to fewer immediate concerns about major aging components like roofing, wiring, or plumbing. The living space (935 sqft) is compact and efficient, suited for a smaller household. The renovated basement adds valuable flexible space.
Its appeal is for the practical, value-conscious buyer. It would suit a first-time homebuyer seeking a move-in-ready, modern home without the premium price of a brand-new build, or an investor looking for a newer asset with potentially lower upkeep costs. It’s a sensible choice for those who prioritize the condition and efficiency of the structure itself over having a large lot or expansive square footage. A less obvious perspective is that its above-average assessed value for the immediate area suggests it is already recognized as an updated asset, which could provide stability in a market that increasingly values modern efficiency.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 2,799 sqft is very close to the average for both Magnus Avenue and the wider Burrows Central neighbourhood. It provides a standard urban yard space.
2. Why is the assessed value higher than many neighbours?
The assessed value of $28,800 is notably above the local average, ranking in the top 7% on its street. This is almost certainly due to its modern build year (2016) compared to the much older average home in the area, reflecting its contemporary construction and systems.
3. Is the living area small?
At 935 sqft, the above-ground living area is slightly below the street average but typical for the neighbourhood. When combined with the renovated basement, the total usable space is increased, offering a functional layout for a smaller household.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. This should be verified with the seller or listing agent to understand if it includes additional bedrooms, a living area, or a legal suite.
5. How does the 2016 build date impact insurance or utilities?
A newer home like this may benefit from more modern building codes, potentially leading to lower heating costs due to better insulation and more efficient systems. It may also be viewed favourably by home insurance providers due to newer electrical, plumbing, and roofing.
