Property score
54.1
Fair
Overall 54.1 · 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 ~82k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, and 2 parks nearby
Living Area
Near average
3% larger 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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54.1 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
1566 Magnus Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 306 m), 1 shopping (nearest 482 m), 2 parks (nearest 441 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 19% | Top 43% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1566 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, sits on a notably spacious lot of over 5,100 sq ft—a standout feature that places it in the top 6% for land size on its street. The property includes a detached garage and an unrenovated basement, presenting a classic canvas. With a modest living area of 979 sq ft, the home’s primary appeal lies in its land value and potential, rather than in its current footprint or condition.
Its strongest suit is for value-focused buyers or investors. The lot size offers rare potential for expansion, gardening, or future redevelopment in a mature neighbourhood. It would particularly suit a first-time buyer comfortable with a home that needs updating, an investor looking for a property with strong land assets, or someone seeking a manageable house with ample outdoor space. The 2019 sale price of $220k, which was above average for the street at the time, underscores that the market recognizes the value of the parcel itself. A thoughtful perspective here is that this property represents a trade-off: you are acquiring a premium lot with a utilitarian house, making it a strategic purchase for the long term.
Section 2: Frequently Asked Questions
1. What does "above average for land area" actually mean?
It means the 5,147 sq ft lot is larger than 94% of comparable properties on Magnus Avenue. This is the home's most significant statistical advantage.
2. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may require addressing moisture or insulation as part of any future development plans.
3. How does the assessed value relate to the likely market price?
The municipal assessed value is significantly lower than the 2019 sale price. This is common and reflects different valuation methods; market price is determined by recent sales, demand, and the property's unique attributes like its large lot.
4. What might be less obvious about owning a home from 1947?
While the structure is sound, systems like wiring, plumbing, and insulation may not meet modern efficiency standards. The charm of an older home comes with the responsibility of proactive maintenance and potential updates.
5. Who would this property not suit?
It would not suit buyers seeking a move-in-ready, modern, or spacious interior without renovation work. It’s also less ideal for those who do not wish to utilize or maintain a large yard.
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