Property score
66.4
Good
Overall 66.4 · Larger and newer than most nearby homes
1,372 sqft (top 6%) · Built in 2021 (87 yrs newer 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
43% larger than neighborhood avg.
Year Built
Above average
87 yrs newer 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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66.4 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
858 Magnus Avenue — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 313 m), 2 education (nearest 309 m), 3 healthcare (nearest 388 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 3% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 858 Magnus Avenue
Key Characteristics & Appeal
This two-storey home at 858 Magnus Avenue is a notably modern property within its established Burrows Central neighbourhood. Built in 2021, its age is a standout feature, ranking in the top 1-2% of homes on its street and in the wider area, where the average home was built in the 1930s. This offers a significant advantage in terms of modern building standards, energy efficiency, and minimal immediate maintenance.
With 1,372 sqft of living space, the home provides above-average roominess for the local area. The land size is a standard city lot, typical for the neighbourhood. A key feature is the renovated basement, adding valuable finished space. There is no garage or pool.
The appeal lies in acquiring a like-new home without the premium often associated with brand-new subdivisions. It suits first-time buyers seeking a move-in-ready property without the worries of an older home, or investors looking for a modern rental asset in a long-established community. It’s a practical choice for those who value contemporary interiors and systems but want to be part of a mature neighbourhood with character, rather than a developing area.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby older homes?
The assessed value reflects the property's new construction. Modern materials, current building codes, energy-efficient systems, and the lack of depreciation or needed repairs contribute to a higher valuation compared to century-old homes in the area.
2. What does "renovated basement" likely include?
While specifics should be verified, in a 2021 home this typically indicates the basement was fully finished at build time or shortly after. Expect insulated walls, proper flooring, ceiling finishes, and legal egress, making it comfortable living or recreational space.
3. Is the lack of a garage a major drawback?
This depends on lifestyle. For many in urban neighbourhoods, on-street parking is the norm. The trade-off is a larger lot with more yard space and no driveway maintenance. Buyers with multiple vehicles or who require secure storage should consider this factor.
4. How does the sale history affect value?
The home sold in August 2021 for $33.80k, very close to its current assessed value of $34.80k. This stable history suggests the assessment is grounded in a recent, arms-length transaction, providing a clear benchmark.
5. What are the less obvious benefits of a new home in an old neighbourhood?
Beyond modern amenities, you benefit from established infrastructure—mature trees, fully developed parks, and settled community dynamics. Utility connections and street layouts are long proven, and you avoid the construction phase and landscaping costs common in new subdivisions.
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