Property score
56.3
Fair
Overall 56.3 · Larger but older than most nearby homes
1,340 sqft (top 7%) · Built in 1912 (22 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 2 parks nearby
Living Area
Above average
39% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 20%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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56.3 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: #46110050
$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
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
854 Magnus Avenue — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 303 m), 2 education (nearest 301 m), 3 healthcare (nearest 380 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 31% | Top 44% | Bottom 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 5% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 854 Magnus Avenue
This one-and-a-half storey home, built in 1912, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its above-average living space relative to the immediate area, paired with a very modest municipal tax assessment. The home sits on a standard city lot and has an unrenovated basement. Recent sale prices have been significantly lower than both the Winnipeg average and the home's historical sale value, positioning it as an entry-point property.
Key Characteristics & Ideal Buyer
The home's primary characteristic is its proportion: at 1,340 sqft, it offers substantially more living area than most neighbouring homes, which average just over 1,000 sqft. This makes it a notably spacious option within its specific locale. However, its age and condition are reflected in its low assessed value ($18.3k) and recent sale price ($19.5k in 2022), which is a fraction of the citywide average.
Its appeal is grounded in affordability and potential. It suits a buyer with renovation skills or a willingness to invest sweat equity over time, or an investor looking for a low-cost entry into the market with a focus on land value and future improvement. It is less suited for someone seeking a turn-key or modern home. A thoughtful perspective is that this property represents a specific segment of the market where value is decoupled from recent citywide price trends, offering shelter and space at a minimal property tax burden, but requiring capital and vision for updates.
Frequently Asked Questions
1. Why is the recent sale price so much lower than the sale in 2016?
The 2016 sale price of $100k was already below area averages at the time. The sharp decrease to $19.5k in 2022 likely reflects the home's condition, specific market factors at the time of sale, and its very low assessed value for tax purposes.
2. What does "above average" living area actually mean for this neighbourhood?
It means the home has about 300-400 more square feet of living space than the typical home on Magnus Avenue and in Burrows Central. This is a significant functional advantage in an area where many homes are under 1,000 sqft.
3. Is the low assessed value a positive?
It has two sides. It results in very low municipal property taxes, which is a financial benefit for the owner. However, it is also a strong indicator that the city assesses the property as requiring substantial improvement, which aligns with the note of an unrenovated basement.
4. What should I make of the "below average" citywide rankings for land and year built?
The lot size is typical for an older central neighbourhood but is below the Winnipeg average, which is skewed by newer suburban lots. The 1912 build date simply means it's an older character home that will require attention to systems like wiring, plumbing, and insulation.
5. Who would this property not suit?
It would not suit buyers who cannot handle a major renovation project, need immediate move-in condition, or are counting on rapid appreciation based on existing finishes. Its value proposition is long-term, based on affordable entry and incremental improvement.
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