Property score
52.8
Fair
Overall 52.8 · Larger but older than most nearby homes
980 sqft (top 30%) · Built in 1947 (6 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 1 park nearby
Living Area
Above 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
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
Free · No credit card required
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
1543 Magnus Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 384 m), 1 shopping (nearest 434 m), 1 parks (nearest 379 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 34% | Bottom 38% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1543 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a straightforward opportunity in Winnipeg's Burrows-Keewatin neighbourhood. Its primary appeal lies in its land: the 4,621 sqft lot is notably larger than most on Magnus Avenue, placing it in the top 12% for lot size on the street. This offers valuable outdoor space and potential in a city where larger lots are increasingly rare. The 980 sqft living area is modest but practical, and the presence of a detached garage adds functional storage or workshop space.
The home suits buyers looking for an entry point into the market, an investor seeking a rental property, or a hands-on individual interested in a longer-term project. Its assessed value is significantly below the citywide average, indicating an accessible price point. A thoughtful perspective is that while the home itself is unrenovated, its above-average lot size for the immediate area provides a form of "land equity" that smaller, newer lots cannot offer. It’s a property where the value is anchored more in its location and parcel of land than in its current structure, appealing to those who see potential beyond the existing finishes.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It indicates the basement is in original or functional condition but hasn't been modernized into a finished living space. Buyers should budget for potential updates to insulation, flooring, or layout to suit their needs.
2. How significant is the lot size compared to the neighbourhood?
Very. The lot is in the top 12% on Magnus Avenue, meaning it's larger than 88% of its direct neighbours. This is a standout feature for gardening, expansion, or simply having more private outdoor space than is typical on the block.
3. The home is older than many in Burrows-Keewatin. What should I consider?
Built in 1947, it's older than 83% of homes in the neighbourhood. A pre-purchase inspection is crucial to understand the condition of major aging components like the roof, plumbing, electrical systems, and foundation.
4. Why is the assessed value so much lower than the Winnipeg average?
The assessed value reflects the property's current state, size, and specific market area. It highlights that this is a more affordable option within the city, but the sale price will be determined by current market conditions, not the assessment alone.
5. Who would this property not be suited for?
It may not suit buyers seeking a move-in-ready home with modern amenities, or those unwilling to take on a property that likely requires updates and maintenance over time.
