Property score
55.6
Fair
Overall 55.6 · Newer than most nearby homes
901 sqft (bottom 34%) · Built in 1956 (3 yrs newer 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, and 1 park nearby
Living Area
Below average
5% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer 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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55.6 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
1598 Magnus Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 187 m), 1 parks (nearest 324 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 15% | Top 32% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1598 Magnus Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Burrows-Keewatin presents a compelling opportunity centered on its land and location. The primary asset is the 5,112 sqft lot, which is notably larger than most in the immediate area and ranks in the top 7% for size on Magnus Avenue. The home itself, built in 1956, is newer than many of its direct neighbors. It features a renovated basement and a detached garage. With a modest living area of 901 sqft, the property is best seen as a comfortable starter home or a strategic land play, where the value lies more in its above-average lot size and potential rather than in its current interior square footage.
Its appeal is grounded in practicality and future potential. It suits first-time buyers seeking an entry point into the market with room to grow, or investors and handy buyers who see value in the sizable lot and the possibility of expansion or redevelopment over time. The above-average assessed value for the street indicates the property is already recognized as a premium holding within its specific local context, offering a stable foundation in a mature neighborhood.
Section 2: Frequently Asked Questions
1. Is the lot size a significant advantage?
Yes. At over 5,100 sqft, the lot is substantially larger than the average for both the street and the wider Burrows-Keewatin area. This provides extra outdoor space, better privacy, and more options for additions, landscaping, or future development compared to neighboring properties.
2. What does the assessed value indicate?
The assessed value of $24,800 is above average for Magnus Avenue, suggesting the property is considered a higher-value asset on its street. It’s important to note this is for municipal taxation and differs from market value, but it reflects the property’s relative standing based on its characteristics.
3. Who might this property not suit?
Buyers looking for a large, move-in-ready home with ample interior space may find the 901 sqft living area limiting. It’s better matched to those comfortable with a cozier footprint or those viewing the property as a longer-term project with renovation or expansion potential.
4. How does the age of the home factor in?
Built in 1956, the home is newer than many on the block, which can be a positive for systems and structure. However, as a 70-year-old home, a thorough inspection is essential to understand the condition of major components, even with a renovated basement.
5. What is the context of the last sale price?
The property sold for $23,200 in late 2019. This historical price provides a benchmark, but current market value will be influenced by factors such as market conditions, the state of the renovation, and updated valuations since that time.
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