Property score
44.2
Below average
Overall 44.2 · Compared with neighbourhood average
1,012 sqft (top 39%) · Built in 1913 (21 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: 4 parks nearby
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 24%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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44.2 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: #46110170
$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
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
931 Magnus Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 391 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 | Bottom 8% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 931 Magnus Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, century-old home (built 1913) in the Burrows Central neighborhood, presenting primarily as a land value opportunity. The 1,012 sqft one-and-a-half storey house sits on a 2,463 sqft lot and features an unrenovated basement, with no garage or pool. Its appeal lies in its position as an entry-point property with a very low assessed value, which is significantly below averages for the street, neighborhood, and city. The living space is typical for the immediate area but below the Winnipeg average.
The property suits practical, value-driven buyers. It would be a candidate for an investor looking for a hold or redevelopment opportunity, given the land value. It could also suit a hands-on buyer seeking an extremely affordable entry into homeownership, willing to live in the property while planning gradual updates. A less obvious perspective is its potential for multi-generational living arrangements, where the low carrying costs offset the need for renovations to create a separate suite in the half-storey or basement.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value of $12.5k is among the lowest in the city, reflecting the home's age, condition (including an unrenovated basement), and smaller lot size relative to many city properties. It indicates the current value is largely in the land.
2. What does "below average" for land area mean in this context?
While the lot is below the Winnipeg average, it is closer to the norm for Burrows Central. This suggests the lot is typical for the established neighborhood but may offer less redevelopment flexibility than larger parcels.
3. How significant is the unrenovated basement?
This is a key consideration. An unrenovated basement in a 1913 home likely requires significant investment to modernize for living space or amenities and should be factored into renovation budgets and inspections.
4. The home sold for $8,200 in 2020. What does that indicate?
This very low sale price, far below the already low assessed value, suggests the prior sale may have been a non-arms-length transaction or a sale of the property in distressed condition. It underscores the property's status as a fixer-upper or land play.
5. Who would this property not suit?
It is not suitable for buyers seeking a move-in ready home or those unwilling to manage renovations. Its smaller lot and older build also mean it likely won't appeal to buyers looking for substantial outdoor space or modern construction efficiencies.
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