Property score
53.5
Fair
Overall 53.5 · Older than most nearby homes
940 sqft (top 43%) · 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, and 1 park nearby
Living Area
Near average
1% smaller 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
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
53.5 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
1580 Magnus Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 249 m), 1 parks (nearest 384 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 44% | Bottom 17% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1580 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, sits on a notably spacious lot in the Burrows-Keewatin neighbourhood. Its primary appeal lies in the land itself—at 4,771 sqft, the property offers an above-average lot size for its street, presenting a blank canvas for gardening, expansion, or future redevelopment. The detached garage adds practical utility. With a modest 940 sqft of living space and no basement, the house suits buyers looking for a straightforward, manageable footprint or a strategic land purchase. The assessed value is well above average for the immediate area, suggesting the property is viewed favorably relative to its closest peers.
This home would best suit a practical, value-oriented buyer. It's a match for a first-time homeowner comfortable with a smaller living area who prioritizes outdoor space, or for an investor recognizing the underlying value of the lot. Its appeal is less about the existing structure and more about the property's inherent potential and its standing within a specific, localized market context.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than the last sale price?
The last sale was in 2017. The current assessed value reflects more recent municipal valuation, which considers factors like market trends and the property's attributes (especially its lot size) relative to nearby homes.
2. What does "above average for the street but below average city-wide" mean for the lot size?
It means the lot is generous compared to its direct neighbours on Magnus Avenue, offering more private outdoor space than most on the block. However, lots in newer suburban areas of Winnipeg are typically larger, which is why it ranks as average when compared to the entire city.
3. Are there any concerns with a home built in 1947 with no basement?
Older homes require diligent maintenance for their aging components. The lack of a basement means all mechanical systems (heating, plumbing) are on the main floor, which can simplify access for repairs but also reduces storage and potential living space.
4. Who might this property not be suitable for?
It may not suit buyers seeking a move-in-ready home with modern, open-concept layouts or those who require significant indoor living and storage space, given the smaller square footage and absence of a basement.
5. The data shows the home is older than most in the neighbourhood. Is that a negative?
Not necessarily. It indicates the surrounding area has seen redevelopment or newer infill. This can be positive, suggesting a evolving streetscape, but it also means the existing house may be among the older on the block, which is factored into its value.
