1571 Magnus Avenue

Burrows-Keewatin, Winnipeg

Property score

52.8

Fair

Overall 52.8 · Compared with neighbourhood average

940 sqft (top 43%) · Built in 1948 (5 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

Near average

1% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 14%

Past 10 years Burrows-Keewatin sales snapshot (~80% of all data)

Sold Count

110

Median price

235k

$/sqft

$268/sqft

Avg build year

1953

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Property score

52.8 is composed by the two sections below.

Property Score

41.6Low
Living Area940 sqft42Low
Year Built194830Low
Lot Size4,650 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

69.6Good
Household Income72Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110157

Community deep dive

$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

Population, labour & age

Population (2021)566
Labour force participation rate60%
Median age22.6
Avg household size4.0
Unemployment rate4%
Population density5145 / km²

Households & income

Low income (LIM-AT, % pop.)31%
Single-person households14%
Couple families with children35%
Median household income (2020)$72K

Housing

Renter households48%
Condominium dwellings7%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority35%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
940 sqft
0255075100
Same streetBottom 47%Same areaTop 43%CitywideBottom 20%
Same street · Magnus Avenue
#322 / 608
Bottom 47% · Avg 1,017 sqft
Same area · Burrows-Keewatin
#156 / 360
Top 43% · Avg 951 sqft
Citywide · Winnipeg
#155,056 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
231k
0255075100
Same streetTop 20%Same areaTop 39%CitywideBottom 13%
Same street · Magnus Avenue
#122 / 608
Top 20% · Avg 178k
Same area · Burrows-Keewatin
#141 / 360
Top 39% · Avg 225.9k
Citywide · Winnipeg
#168,671 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 26%Same areaBottom 42%CitywideBottom 26%

Lot Size

above average
4,650 sqft
0255075100
Same streetTop 11%Same areaBottom 49%CitywideBottom 37%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1571 Magnus Avenue — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 290 m), 2 parks (nearest 421 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 3/2022CA$200k–250k
Sold price

Same street

Top 18%

Same area

Top 39%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 1571 Magnus Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on a 4,650 sqft lot presents a straightforward opportunity in Winnipeg's Burrows-Keewatin neighbourhood. Built in 1948, its key characteristic is the generous lot size, which ranks in the top 11% for Magnus Avenue, offering above-average outdoor space. The 940 sqft living area is typical for the immediate area, and the property features a detached garage and an unrenovated basement. It last sold in March 2022.

The appeal lies in its value proposition as a land play or a foundational project. The lot is significantly larger than many on its street, providing room for expansion, gardening, or future development. It suits a practical buyer looking for an entry point into the market—perhaps a first-time homeowner comfortable with a home that may require updates, or an investor considering the long-term value of the land itself. Its assessed value is above average for the street, suggesting it is already viewed as a solid asset in its micro-location.

A less obvious perspective is that this property represents a "blank canvas" within an established community. Its unrenovated state and classic layout allow a new owner to tailor improvements without the premium of a fully modernized home, while the larger lot offers a rarity that newer subdivisions often lack.


Frequently Asked Questions

1. What does "one-and-a-half storey" typically mean for a home of this era?
It usually indicates a home with a main floor and a second floor under sloping rooflines, often featuring cozier bedrooms or finished attic space. This design is common for Winnipeg homes built in this period.

2. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is not the market value. Its ranking shows it is above average for Magnus Avenue, reflecting its relative standing on the street. Market value is determined by recent sales of similar properties and current demand.

3. How significant is the lot size?
Very. At 4,650 sqft, the lot is over 1,000 sqft larger than the street average. This is a standout feature, offering more private outdoor space and potential than most neighbouring properties.

4. What should I consider about the unrenovated basement?
An unrenovated basement means the foundational systems (like plumbing, electrical, and insulation) are likely in their original state. It should be inspected thoroughly, but it also presents an opportunity to finish the space to your own specifications without first undoing someone else's work.

5. The home sold recently in 2022. Is that a concern?
Not necessarily. The previous sale provides a clear, recent price benchmark. The reasons for a quick resale can vary widely—from an investor's flip to a change in an owner's circumstances—and would be clarified through further inquiry.

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