875 Magnus Avenue

Burrows Central, Winnipeg

Property score

40.6

Below average

Overall 40.6 · Compared with neighbourhood average

836 sqft (bottom 34%) · Built in 1914 (20 yrs older than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 schools, 3 healthcare facilitys, and 2 parks nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

20 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

40.6 is composed by the two sections below.

Property Score

28.7Low
Living Area32
836 sqftLow
Year Built16
1914Low
Lot Size28
2,727 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

58.5Fair
Household Income56
Fair
Education Level63
Fair
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health42
Low

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
836 sqft
0255075100
Same streetBottom 30%Same areaBottom 34%CitywideBottom 12%
Same street · Magnus Avenue
#425 / 608
Bottom 30% · Avg 1,017 sqft
Same area · Burrows Central
#1,184 / 1,800
Bottom 34% · Avg 962 sqft
Citywide · Winnipeg
#171,967 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

below average
118k
0255075100
Same streetBottom 22%Same areaBottom 9%CitywideBottom 1%
Same street · Magnus Avenue
#474 / 608
Bottom 22% · Avg 178k
Same area · Burrows Central
#1,640 / 1,800
Bottom 9% · Avg 188.7k
Citywide · Winnipeg
#192,288 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 40%Same areaBottom 38%CitywideBottom 11%

Lot Size

around average
2,727 sqft
0255075100
Same streetBottom 30%Same areaBottom 19%CitywideBottom 8%

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

875 Magnus Avenue — 10 amenities found within 500 m, across 4 categories, including 3 dining (nearest 382 m), 2 education (nearest 386 m), 3 healthcare (nearest 438 m).

Search radius
🍽️Dining3
🏫Education2
🏥Healthcare3
🌳Parks2

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 6/2024CA$100k–150k
Sold price

Same street

Bottom 14%

Same area

Bottom 5%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 875 Magnus Avenue, Winnipeg

Property Overview: 875 Magnus Avenue

Key Characteristics & Buyer Profile

This is a compact, one-storey home built in 1914, situated on a standard-sized lot in Burrows Central. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. The home presents a straightforward, no-frills opportunity: it has a functional layout with 836 sqft of living space and an unrenovated basement, but no garage or pool. The recent sale price and assessed value are significantly below city-wide averages, highlighting its affordability.

The property would suit a first-time buyer, an investor, or a hands-on individual looking for a low-cost footprint in the city. Its value is primarily in the land and the structure's potential, rather than in move-in-ready finishes. A thoughtful perspective is that while its metrics (like living area and year built) are average or below for the immediate area, this actually underscores the neighbourhood's overall affordability and makes the home a typical example of the local housing stock, not an outlier. It’s a practical choice for someone whose priority is securing an address within city limits to build equity, with the understanding that updates will be part of the journey.

Frequently Asked Questions

1. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may be suitable for utilities and storage, but likely requires inspection for moisture issues and overall condition common in century-old homes.

2. How does the lot size compare to others?
At 2,727 sqft, the lot is around average for Magnus Avenue and Burrows Central, but is less than half the size of an average city-wide lot. This means outdoor space is modest but typical for the inner-city neighbourhood.

3. The home was just sold in 2024. What does that indicate?
The recent sale suggests a quick turnaround, which is common for affordable, entry-level properties. It could indicate an investor purchase, a estate sale, or a buyer who reassessed their plans. Reviewing the sale history and any new listings for changes can provide context.

4. The assessed value seems very low. Why?
The assessed value is for taxation purposes and is often much lower than market value, especially for older homes in affordable neighbourhoods. The recent sale price of $100k is the more relevant figure for understanding current market value.

5. What are the implications of the "below average" rankings for assessed value and sale price?
These rankings confirm the home is in a more affordable tier of the market. While it means lower property taxes, it also reflects the home's condition, size, and location. It signals a property where future value growth will be tied more to broader market trends and any improvements made, rather than inherent premium features.