Property score
46.9
Below average
Overall 46.9 · Smaller than most nearby homes
700 sqft (bottom 9%) · Built in 1948 (5 yrs older than avg)
Located in a above-average income area with median household income of ~82k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 2 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
5 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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46.9 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
1560 Magnus Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 332 m), 1 shopping (nearest 457 m), 2 parks (nearest 456 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 50% | Bottom 11% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1560 Magnus Avenue
Key Characteristics & Appeal
This is a modest, one-storey home built in 1948 on a notably spacious lot in the Burrows-Keewatin neighbourhood. Its primary appeal lies in the land itself—at over 5,100 square feet, the property lot size ranks in the top 6% on its street and top 14% in the local area, offering significant outdoor space and potential that is uncommon for the price point. The home is compact, with 700 sqft of living space, and features a detached garage and an unrenovated basement.
The property suits practical buyers looking for an entry point into the market, where the value is in the land rather than the existing structure. It’s ideal for an investor, a hands-on homeowner planning a future rebuild or expansion, or someone seeking a low-maintenance footprint with generous yard space for gardening, pets, or storage. Its assessed value is well below city averages, suggesting a lower property tax burden, which adds to its practicality. A thoughtful perspective is that this property represents a clear opportunity to own a substantial piece of land in a mature neighbourhood, where the home itself can be tailored over time or simply maintained as an affordable holding.
Frequently Asked Questions
1. Is the home in livable condition?
The listing notes the basement is unrenovated. A professional inspection is essential to determine the overall condition of the foundation, roof, wiring, and plumbing in this 78-year-old home.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home’s age, modest size, and condition relative to the broader Winnipeg market. It indicates this is a land-value proposition rather than a premium home.
3. What are the possibilities for the large lot?
The lot size presents options for expansion (subject to zoning and permits), adding a garden or workshop, or simply enjoying more private outdoor space than is typical in this area.
4. How does the sale history affect value?
The home last sold in 2016 for $16,500. This history, combined with the current assessed value, suggests a stable, lower-value market segment, not prone to rapid appreciation without significant improvement.
5. What should I consider about the neighbourhood?
Burrows-Keewatin is an established area. It’s wise to research local amenities, transportation, and recent sales of both renovated and unrenovated homes to fully understand the community’s dynamics and future potential.
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