928 Magnus Avenue

Burrows Central, Winnipeg

Property score

39.6

Below average

Overall 39.6 · Compared with neighbourhood average

824 sqft (bottom 33%) · Built in 1914 (20 yrs older than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

20 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

39.6 is composed by the two sections below.

Property Score

31.4Low
Living Area824 sqft32Low
Year Built191416Low
Lot Size3,587 sqft46Low
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

around average
824 sqft
0255075100
Same streetBottom 29%Same areaBottom 33%CitywideBottom 11%
Same street · Magnus Avenue
#433 / 608
Bottom 29% · Avg 1,017 sqft
Same area · Burrows Central
#1,212 / 1,800
Bottom 33% · Avg 962 sqft
Citywide · Winnipeg
#173,920 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
160k
0255075100
Same streetBottom 42%Same areaBottom 36%CitywideBottom 4%
Same street · Magnus Avenue
#352 / 608
Bottom 42% · Avg 178k
Same area · Burrows Central
#1,160 / 1,800
Bottom 36% · Avg 188.7k
Citywide · Winnipeg
#186,860 / 194,458
Bottom 4% · Avg 390.1k

Year Built

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

Lot Size

around average
3,587 sqft
0255075100
Same streetTop 37%Same areaTop 32%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

928 Magnus Avenue — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 478 m), 4 parks (nearest 357 m).

Search radius
🏫Education1
🌳Parks4

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 5/2016CA$150k–200k
Sold price

Same street

Bottom 44%

Same area

Bottom 29%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 928 Magnus Avenue, Winnipeg

Property Overview

This one-storey home on Magnus Avenue presents a straightforward opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1914, its key characteristic is a generous 3,587 sqft lot that is above average for the immediate area, paired with a modest 824 sqft living space. The property features a detached garage and a basement that is present but not renovated. Its last recorded sale was in 2016 for $150,000, with a current assessed value of $160,000.

The appeal lies in its land value and location. The lot size is in the top third for the street and neighbourhood, offering ample outdoor space or future expansion potential in a well-established community. It suits a specific type of buyer: a hands-on purchaser looking for an affordable entry point into the market, who values a larger yard over a large finished house and is prepared for the updates a 110-year-old home will likely require. It could also appeal to an investor viewing it as a land-value play or a long-term hold.


Frequently Asked Questions

1. What is the true focus of this property?
The data suggests the value is weighted more toward the land than the existing structure. The lot size is notably larger than many nearby properties, while the living area is compact and the home itself is among the older on the block. This indicates potential for expansion, renovation, or simply enjoying a larger-than-average yard.

2. How does it compare to nearby homes?
Within Burrows Central, the home is generally "around average" for key metrics like lot size, year built, and assessed value. This means it is a typical offering for this specific neighbourhood, not standing out as exceptionally large or modern, nor as particularly small or dated for the area.

3. What should I budget beyond the purchase price?
Given the age of the home and the note of an unrenovated basement, buyers should anticipate immediate and ongoing maintenance costs. Budgeting for essential systems updates (like plumbing, electrical, or roofing due to age) and potential basement moisture management would be prudent before considering cosmetic improvements.

4. Is the assessed value a reliable indicator of sale price?
The assessed value ($160k) is close to its last sale price ($150k in 2016). In Winnipeg, assessed value is for tax purposes and can differ from market value. However, its alignment with the historical price and similar local assessments suggests it is likely in a competitive price range for the area.

5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home or those unwilling to take on renovation projects. The smaller living area and need for updates also make it less ideal for those requiring substantial immediate space or who have a limited budget for repairs after purchase.

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