974 Magnus Avenue

Burrows Central, Winnipeg

Property score

66.5

Good

Overall 66.5 · Larger and newer than most nearby homes

1,582 sqft (top 3%) · Built in 1949 (15 yrs newer than avg)

Located in a above-average income area with median household income of ~77k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 3 parks, and 1 fuel station nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 44%Tagalog · 35%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

66.5 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,582 sqft79Good
Year Built194930Low
Lot Size4,357 sqft53Fair
Neighbourhood Sales Activity42Low

Community Score

71.2Good
Household Income75Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
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: #46110169

Community deep dive

$77K

Median household income

$80K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)826
Labour force participation rate63%
Median age36.4
Avg household size2.9
Unemployment rate17%
Population density5900 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children30%
Median household income (2020)$77K

Housing

Renter households36%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority62%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 34%

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

Rankings

Living Area

Elite
1,582 sqft
0255075100
Same streetTop 6%Same areaTop 3%CitywideTop 26%
Same street · Magnus Avenue
#38 / 608
Top 6% · Avg 1,017 sqft
Same area · Burrows Central
#51 / 1,800
Top 3% · Avg 962 sqft
Citywide · Winnipeg
#51,033 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
201k
0255075100
Same streetTop 32%Same areaTop 37%CitywideBottom 8%
Same street · Magnus Avenue
#196 / 608
Top 32% · Avg 178k
Same area · Burrows Central
#662 / 1,800
Top 37% · Avg 188.7k
Citywide · Winnipeg
#178,205 / 194,458
Bottom 8% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 25%Same areaTop 21%CitywideBottom 27%

Lot Size

above average
4,357 sqft
0255075100
Same streetTop 17%Same areaTop 17%CitywideBottom 31%

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

974 Magnus Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 455 m), 1 healthcare (nearest 425 m), 3 parks (nearest 325 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks3
Fuel Stations1

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 12/2019CA$200k–250k
Sold price

Same street

Top 18%

Same area

Top 29%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 974 Magnus Avenue, Winnipeg

Property Overview: 974 Magnus Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Burrows Central presents a compelling opportunity centered on space and value. Built in 1949, it is notably newer than many homes in the immediate area and on its street. Its primary standout feature is the generous living area of 1,582 sq ft, which ranks within the top 3% of homes in the neighbourhood, offering significantly more interior space than local averages. The property sits on a 4,357 sq ft lot, which is also above average for the area, providing ample outdoor space. It includes a detached garage and an unrenovated basement.

The appeal lies in its rarity as a larger-format home in this market segment, offering room to grow or adapt without the premium price tag of newer subdivisions. It suits practical buyers looking for a house with good bones and more square footage than is typically available at this price point—ideal for families, multi-generational arrangements, or those who value space for hobbies or future renovations. The above-average lot size adds long-term value and potential. A thoughtful perspective is that while the assessed value is modest citywide, the home’s metrics are strong within its local context, suggesting it may represent a value-conscious entry into a well-sized property without the inflated land costs seen in other city sectors.

Frequently Asked Questions

1. How does the home’s size compare to nearby properties?
The living space is a key advantage. At 1,582 sq ft, it is substantially larger than both the neighbourhood average (~962 sq ft) and the average for Magnus Avenue (~1,017 sq ft), placing it in the elite tier locally for interior space.

2. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential updates and investigate its current state, layout, and suitability for storage or future development during a viewing.

3. Is the sale price consistent with the area?
The last recorded sale was in December 2019 for $220,000, which was above average for both the street and the Burrows Central neighbourhood at that time. This likely reflects the premium for the home’s larger size and newer construction date relative to its peers.

4. What are the implications of the lot size?
At 4,357 sq ft, the lot is larger than approximately 83% of properties in Burrows Central. This offers more private outdoor space than typical and could provide future flexibility for additions, landscaping, or other outdoor uses, subject to local zoning.

5. How does the year built affect this home?
Built in 1949, the home is newer than about 75% of homes on Magnus Avenue and 79% in Burrows Central. This can suggest potentially newer core components (like wiring or plumbing) compared to many early 1900s homes in the area, though a thorough inspection is still essential.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.