Property score
52.8
Fair
Overall 52.8 · Older than most nearby homes
979 sqft (top 38%) · Built in 1947 (6 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 1 park nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 14%
Past 10 years Burrows-Keewatin sales snapshot (~80% of all data)
110
235k
$268/sqft
1953
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52.8 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: #46110157
$72K
Median household income
$82K
Average household income
31%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
14%
Single-person households
35%
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
1525 Magnus Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 443 m), 1 shopping (nearest 386 m), 1 parks (nearest 331 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 40% | Bottom 25% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1525 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-and-a-half storey home built in 1947, situated on a notably spacious lot in the Burrows-Keewatin neighbourhood. Its primary appeal lies in its land: at 4,621 square feet, the property offers an above-average yard size for its immediate street, presenting a blank canvas for gardening, expansion, or future redevelopment. The home itself, with 979 square feet of living space, is compact and would benefit from modernization.
The property suits practical, value-oriented buyers. It’s a clear candidate for a land-value purchase, ideal for an investor, a builder, or a hands-on homeowner planning a significant renovation or rebuild. First-time buyers seeking an affordable entry into the market with a focus on outdoor space over a large interior may also find it compelling. The very low assessed and recent sale value underscores its as-is condition, positioning it not as a move-in-ready home, but as a foundation for future potential in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's current state, size, and specific market position. It indicates the home is likely in need of updates and is smaller than the Winnipeg average, placing its value primarily in the land.
2. Is the large lot size a major advantage?
Yes, especially in this context. The lot is larger than most on Magnus Avenue itself. This provides more privacy, outdoor space, and flexibility than neighbouring properties, which is a key differentiator.
3. What does "below average" for Year Built in the neighbourhood mean?
It means this home (1947) is newer than most in Burrows-Keewatin, where the average comparable home was built in 1953. This is a relative positive, suggesting potentially fewer age-related issues than some neighbours.
4. Who might this property not suit?
It is not suitable for buyers seeking a turn-key or modern home without renovation plans. The compact living area and dated features require a vision and budget for updates.
5. The home sold recently for its assessed value. What does that suggest?
It suggests a stable, transparent market valuation without a bidding premium. For a buyer, it indicates the price is firmly grounded in the property's official characteristics, not speculative potential.
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