Property score
48.5
Below average
Overall 48.5 · Smaller and older than most nearby homes
700 sqft (bottom 9%) · Built in 1947 (6 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 1 park nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
6 yrs older 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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48.5 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
1526 Magnus Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 434 m), 1 shopping (nearest 365 m), 1 parks (nearest 378 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 15% | Top 31% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
1526 Magnus Avenue is a one-storey home in Winnipeg's Burrows-Keewatin neighbourhood, built in 1947. Its primary appeal lies in the value of its land. The property sits on a 6,500 sqft lot, which is exceptionally large for the street (top 2%) and the neighbourhood (top 3%). This is contrasted by a modest 700 sqft living area, which is below average in size. The home features a renovated basement and a detached garage. It last sold in September 2021 for $23,400 and has a current assessed value of $23,600.
This property would suit a specific type of buyer. It's ideal for someone with a vision for expansion or redevelopment, where the land is the true asset. It could also appeal to a value-conscious buyer seeking a smaller, manageable footprint with significant outdoor space, or an investor looking for a property where the land value drives the long-term potential. The renovated basement adds functional living space, making it more livable as-is than the main floor square footage alone might suggest.
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 and market factors in its area. While the land is large and valuable for the locale, the home's modest size and age result in an assessment that is above average for the street but below the Winnipeg average.
2. Is the small living area a major drawback?
It depends on your needs. The 700 sqft main floor is compact, but the presence of a renovated basement effectively doubles the usable living space. For a single person, couple, or small family, the total footprint can be quite functional.
3. What does the "top 2% for land area on this street" ranking mean practically?
It means this lot is among the largest on Magnus Avenue. This provides rare potential for gardening, outdoor recreation, adding an addition, or even future subdivision, subject to zoning approvals—options that simply aren't available on standard-sized lots.
4. How does the 2021 sale price relate to today's value?
The 2021 sale price ($23,400) is very close to the current assessed value ($23,600), suggesting a stable valuation in recent years. However, market conditions and any updates made to the property since then would influence its current market price.
5. What are the main considerations regarding the home's age?
Built in 1947, the home is older than most in Burrows-Keewatin. A prospective buyer should prioritize a thorough inspection to understand the condition of major aging components like the roof, foundation, and plumbing, even with a renovated basement. This age can also mean charming character, but potentially less modern open-concept layouts.
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