842 Magnus Avenue

Burrows Central, Winnipeg

Property score

41.5

Below average

Overall 41.5 · Older than most nearby homes

814 sqft (bottom 31%) · Built in 1905 (29 yrs older than avg)

Located in a average-income area with median household income of ~50.8k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 schools, 3 healthcare facilitys, and 1 park nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 53%Tagalog · 20%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

41.5 is composed by the two sections below.

Property Score

30.2Low
Living Area814 sqft32Low
Year Built190510Low
Lot Size3,584 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

58.5Fair
Household Income56Fair
Education Level63Fair
Housing Stress74Good
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110050

Community deep dive

$51K

Median household income

$79K

Average household income

20%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

46%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)513
Labour force participation rate52%
Median age40.0
Avg household size2.3
Unemployment rate8%
Population density4275 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households46%
Couple families with children22%
Median household income (2020)$51K

Housing

Renter households46%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority44%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 53%
Mother tongue (2nd)Tagalog · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
814 sqft
0255075100
Same streetBottom 28%Same areaBottom 31%CitywideBottom 10%
Same street · Magnus Avenue
#440 / 608
Bottom 28% · Avg 1,017 sqft
Same area · Burrows Central
#1,240 / 1,800
Bottom 31% · Avg 962 sqft
Citywide · Winnipeg
#175,325 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
133k
0255075100
Same streetBottom 28%Same areaBottom 16%CitywideBottom 2%
Same street · Magnus Avenue
#437 / 608
Bottom 28% · Avg 178k
Same area · Burrows Central
#1,504 / 1,800
Bottom 16% · Avg 188.7k
Citywide · Winnipeg
#190,832 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1905
0255075100
Same streetBottom 17%Same areaBottom 3%CitywideBottom 2%

Lot Size

around average
3,584 sqft
0255075100
Same streetTop 39%Same areaTop 34%CitywideBottom 20%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

842 Magnus Avenue — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 273 m), 2 education (nearest 280 m), 3 healthcare (nearest 356 m).

Search radius
🍽️Dining3
🏫Education2
🏥Healthcare3
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

Sold 6/2016CA$100k–150k
Sold price

Same street

Bottom 29%

Same area

Bottom 16%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 842 Magnus Avenue, Winnipeg

Property Overview: 842 Magnus Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a standard city lot presents a straightforward opportunity, primarily centered on its land and location. Built in 1905, it is a historic property that has not undergone recent renovations, featuring an unfinished basement and a detached garage. With a living area of 814 sqft, the home itself is compact.

The primary appeal lies in its position within the established Burrows Central neighborhood. The lot size is above average for the immediate area, offering valuable outdoor space. The very low assessed value indicates this is an entry-point property. It would suit a buyer looking for a land-value proposition—perhaps an investor, a renovator with a vision for a historic home, or someone seeking the most affordable path to homeownership in a central Winnipeg community. It’s a property for those who see potential over polish and are prepared for a project.

A less obvious perspective is its data-backed context: while the home is modest, its lot size ranks in the top 39% on its own street, suggesting a better-than-average footprint for the block. This could be a key asset for future expansion or outdoor use.

Section 2: Frequently Asked Questions

1. What does "unfinished basement" typically mean for a home of this age?
It likely indicates a foundational cellar space with original stone or concrete walls, used for utilities and storage. It would require significant work to be converted into livable space.

2. How significant is the 1905 build date?
It means the home has character and history but will require particular attention to foundational integrity, insulation, wiring, and plumbing, which may not meet modern standards without updates.

3. The assessed value is notably low. What does this mean for property taxes?
A lower assessed value generally results in lower municipal property taxes, which can improve cash flow for an investor or ease the budget for an owner-occupant.

4. Who might the detached garage benefit most?
It’s a key feature for tradespeople, hobbyists, or anyone needing workshop or storage space that the compact main house doesn’t provide. It also offers potential for conversion, subject to local bylaws.

5. How does this home compare to others on the street?
The data shows that while the house is smaller and older than many on Magnus Avenue, the land parcel is actually larger than over 60% of its direct neighbors, which is a distinct advantage.

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