921 Magnus Avenue

Burrows Central, Winnipeg

Property score

33.4

Below average

Overall 33.4 · Smaller and older than most nearby homes

756 sqft (bottom 25%) · Built in 1912 (22 yrs older than avg)

Located in a average-income area with median household income of ~62k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, and 3 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 53%Tagalog · 24%

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

33.4 is composed by the two sections below.

Property Score

21.2Low
Living Area756 sqft22Low
Year Built191216Low
Lot Size2,463 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

51.8Fair
Household Income64Fair
Education Level22Low
Housing Stress52Fair
Core Housing Need50Fair
Employment Health52Fair

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: #46110170

Community deep dive

$62K

Median household income

$76K

Average household income

18%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

26%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)730
Labour force participation rate55%
Median age38.4
Avg household size2.7
Unemployment rate8%
Population density6083 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households26%
Couple families with children30%
Median household income (2020)$62K

Housing

Renter households38%
Condominium dwellings4%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority54%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 52%
Mother tongue (2nd)Tagalog · 23%

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

Rankings

Living Area

below average
756 sqft
0255075100
Same streetBottom 22%Same areaBottom 25%CitywideBottom 7%
Same street · Magnus Avenue
#475 / 608
Bottom 22% · Avg 1,017 sqft
Same area · Burrows Central
#1,358 / 1,800
Bottom 25% · Avg 962 sqft
Citywide · Winnipeg
#181,628 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
114k
0255075100
Same streetBottom 20%Same areaBottom 7%CitywideBottom 1%
Same street · Magnus Avenue
#487 / 608
Bottom 20% · Avg 178k
Same area · Burrows Central
#1,680 / 1,800
Bottom 7% · Avg 188.7k
Citywide · Winnipeg
#192,576 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 37%Same areaBottom 26%CitywideBottom 8%

Lot Size

below average
2,463 sqft
0255075100
Same streetBottom 18%Same areaBottom 16%CitywideBottom 3%

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

921 Magnus Avenue — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 499 m), 1 education (nearest 483 m), 3 parks (nearest 408 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks3

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 9/2019CA$100k–150k
Sold price

Same street

Bottom 17%

Same area

Bottom 8%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 921 Magnus Avenue, Winnipeg

Property Summary: 921 Magnus Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, century-old home (built 1912) in the Burrows Central neighbourhood, presenting primarily as a land value opportunity. The one-and-a-half storey house has 756 sqft of living space and a full, unrenovated basement on a 2,463 sqft lot. Its key appeal lies in its position as an entry-point property with a very low assessed value. The home last sold in 2019 for $10,500, significantly below city averages.

The data reveals a nuanced picture: while the living space and lot size are below average for the immediate street and area, the property’s assessed value is exceptionally low even in that context. This creates a clear value proposition for specific buyers. It would best suit an investor looking for a hold property, a hands-on buyer seeking an extremely affordable entry into the market with plans for gradual improvement, or someone with a long-term view on the area’s potential. Its smaller scale and low carrying costs could also appeal to a minimalist or someone looking to downsize radically. A less obvious perspective is that the home’s age and unrenovated state, while requiring work, offer a blank canvas free of recent, potentially low-quality renovations, allowing for a tailored approach.

Frequently Asked Questions

1. Is this a teardown property?
While the home is small and older, it appears to be a functioning house. The decision to renovate or rebuild would depend on a buyer's budget, timeline, and the results of a thorough inspection. Its low sale history suggests the value is heavily weighted toward the land.

2. What does the "below average" ranking mean for the lot size?
The lot is 2,463 sqft, which is smaller than many in Winnipeg, but it’s more comparable to others in the central neighbourhood of Burrows. It’s a standard city lot for the area, not an unusually small parcel.

3. Why is the assessed value so much lower than the city average?
The assessed value of $11,400 reflects the property’s modest size, age, and condition relative to the broader Winnipeg market, which includes many newer and larger suburban homes. It is more in line with values for very basic housing in its specific locale.

4. What is the neighbourhood like?
Burrows Central is a mature, established neighbourhood near the city's core. The listing shows nearby properties with a mix of ages and values, indicating an area with diverse housing stock. Prospective buyers should visit at different times to gauge the character of the specific street.

5. Are the utilities functional and what are the expected monthly costs?
This information is not provided in the data. A key step would be to confirm the status of all essential services (heating, electrical, plumbing) and request estimates for typical utility bills, which for an older, small home may still be relatively low due to its size.

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