Property score
69.1
Good
Overall 69.1 · Larger and newer than most nearby homes
1,355 sqft (top 4%) · Built in 2019 (66 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 1 park nearby
Living Area
Above average
43% larger than neighborhood avg.
Year Built
Above average
66 yrs newer than neighborhood avg.
Mother tongue
English · 42%Tagalog · 36%
Past 10 years Burrows-Keewatin sales snapshot (~80% of all data)
110
235k
$268/sqft
1953
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69.1 is composed by the two sections below.
Property Score
Community Score
Burrows-Keewatin
How to read: Share of sales in each ~$50k price band for “burrows-keewatin” (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: #46110158
$82K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
22%
Single-person households
37%
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
1498 Magnus Avenue — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 285 m), 1 parks (nearest 318 m).
Burrows-Keewatin · WPS public data · 2026
Annual incidents
14
2026
vs. city avg
-53%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
36%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 3% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1498 Magnus Avenue
This two-storey home, built in 2019, stands out in its Burrows-Keewatin neighbourhood for its modern age and above-average living space. Its primary appeal lies in being a relatively new, low-maintenance property in an area predominantly composed of much older homes. The renovated basement adds functional living space. The lot size is typical for the street but smaller than the neighbourhood and city averages, resulting in a manageable yard. It suits first-time buyers seeking a modern home without a premium price tag, or practical investors looking for a newer rental property with minimal immediate upkeep. A thoughtful perspective is that this home offers modern efficiency (like newer wiring, windows, and plumbing) in a community with classic character, representing a unique hybrid in the local market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the local market in Burrows-Keewatin, where property values are generally lower than the Winnipeg city-wide average. This home's assessment is actually among the top 2% in its immediate neighbourhood.
2. What does the "Elite" ranking for Year Built mean?
It means this 2019-built home is exceptionally new compared to its peers. On its street and in its neighbourhood, it ranks in the top 1-2% for recent construction, where the average home was built in the late 1930s to early 1950s.
3. Is the living space sufficient for a family?
With 1,355 sqft over two storeys plus a renovated basement, it provides a functional layout. It offers more living area than 86% of homes in the immediate area, making it spacier inside than most nearby properties, despite the modest yard.
4. What are the implications of having no garage?
Parking will be on-street or via a potential driveway. This is common for the area. Buyers should factor in the lack of sheltered parking for vehicles and storage, though it also means no garage maintenance.
5. How does the 2019 sale price relate to today's value?
The home sold for $31,100 in 2019, shortly after being built. The current assessed value is $37,400, which provides a benchmark, but the actual market price will be determined by current conditions, recent upgrades, and buyer demand for a rare newer home in the area.
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