25.3
Below average
Property score
25.3
Below average
Overall 25.3
Smaller but newer than most nearby homes
694 sqft (bottom 5%)
Built in 1932 (10 yrs newer than avg)
Located in a below-average income area
with median household income of ~44k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 1 school, 2 healthcare facilitys, 4 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
47% smaller than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 5%
Past 10 years North Point Douglas sales snapshot (~80% of all data)
184
255k
$138/sqft
1922
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25.3 is composed by the two sections below.
Property Score
Community Score
North Point Douglas
How to read: Share of sales in each ~$50k price band for “north point douglas” (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: #46111147
$44K
Median household income
$45K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
54%
Single-person households
8%
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
129 Magnus Avenue — 10 amenities found within 500 m, across 6 categories, including 1 education (nearest 485 m), 2 healthcare (nearest 257 m), 4 parks (nearest 80 m).
North Point Douglas · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
45%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 18% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 129 Magnus Avenue, Winnipeg
Key Characteristics & Appeal
This home at 129 Magnus Avenue in North Point Douglas presents a compact, no-frills entry point into Winnipeg’s housing market. Built in 1932, its 694 sqft living area is notably smaller than most homes in the city, placing it in the top 3% smallest properties city-wide. This defines its core characteristic: it is a modest, functional space.
The primary appeal lies in its affordability and lot potential. With an assessed value of $126,000, it sits well below the city's average and is priced comparably to others in the immediate North Point Douglas area. The 3,203 sqft lot is a key asset, offering standard size for the street but presenting a relative blank canvas for expansion, gardening, or outdoor space in an urban setting.
This property would best suit a pragmatic first-time buyer, an investor looking for a straightforward rental property, or someone seeking a minimalist footprint with lower carrying costs. Its value is not in move-in-ready luxury, but in providing a solid foundation at an accessible price point in a central location. A thoughtful perspective for the right buyer is viewing its small interior not just as a limitation, but as a catalyst for efficient, creative living or a strategic starting point for a future renovation that capitalizes on the lot size.
Frequently Asked Questions
1. Is the home in move-in condition?
The listing provides data on size, value, and history, but not on interior condition. Given the age (94 years) and below-average assessed value, prospective buyers should budget for potential updates or repairs and are strongly advised to conduct a thorough inspection.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects a combination of the home's smaller size, older age, and its location in North Point Douglas. It is assessed in line with neighborhood averages but is far lower than the Winnipeg-wide average due to the prevalence of larger, newer homes in suburban areas.
3. What are the possibilities for expanding the living space?
The lot size of 3,203 sqft is fairly typical for the street. This could allow for a future addition or expansion, subject to local zoning bylaws and building codes. The existing small footprint makes this a logical consideration for a buyer planning a longer-term hold.
4. How does the last sold price compare?
Public records indicate it sold between $100,000-$150,000 in September 2017. To obtain the exact historical sale price and verified transaction history, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.
5. What is the neighborhood like for investment or living?
North Point Douglas is a central, historic neighborhood. The data shows property values here are consistently below the city average, which can indicate both higher affordability and different market dynamics. Buyers should research the area firsthand to see if it aligns with their lifestyle or investment goals.
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