Property score
49.2
Below average
Overall 49.2 · Smaller and older than most nearby homes
840 sqft (bottom 18%) · Built in 1947 (6 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
12% smaller 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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49.2 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
1567 Magnus Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 302 m), 2 parks (nearest 432 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 25% | Top 50% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1567 Magnus Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a practical opportunity centered on its land and value. Its primary appeal lies in the generous 4,620 sqft lot, which is notably larger than most on Magnus Avenue and in the broader Burrows-Keewatin neighbourhood. This offers valuable outdoor space and potential for gardening, expansion, or simply more privacy than typical area lots. The home itself is modest in size at 840 sqft of living space, with a renovated basement and a detached garage.
Its strongest suit is financial accessibility. With a historically low sale price and assessed value, it represents a very low barrier to entry into the housing market. This isn't a modern, turn-key property; its appeal is for the value-conscious buyer, the hands-on renovator, or an investor looking for a land-holding opportunity. It would suit a first-time buyer willing to grow into and improve a home over time, or someone seeking a manageable property with below-average carrying costs. A thoughtful perspective is that while the home is smaller and older than city averages, it sits on a lot that is a relative standout for the street—suggesting the underlying land is a key asset here.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes with the city and their inspector.
2. What does the "Top 13% for Land Area" ranking mean for this street?
It means this property's lot size is larger than 87% of the 608 comparable properties on Magnus Avenue. This is its most competitive feature, indicating more yard space than is typical for the immediate area.
3. The assessed value seems very low compared to the city-wide average. Why?
The assessed value reflects the property's market characteristics: its smaller, older home and its location. It indicates lower property taxes, which is a benefit, but also suggests buyers should budget for potential updates and maintenance consistent with a home of this age.
4. Who might this property NOT be suitable for?
It may not suit buyers looking for a move-in-ready home with modern finishes, those who need significant living space right away, or anyone unwilling to take on a property that likely requires ongoing updates and personalization.
5. What should I consider about the neighbourhood given the price point?
The price reflects the Burrows-Keewatin market. Prospective buyers should visit at different times, research area amenities, and consider their commute to ensure the location meets their daily needs, as the financial savings are a trade-off with location preferences.
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