332 Magnus Avenue

William Whyte, Winnipeg

63.0

Fair

Overall 63.0

Larger and newer than most nearby homes

2,142 sqft (top 3%)

Built in 1960 (33 yrs newer than avg)

Located in a average-income area

with median household income of ~52k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

85% larger than neighborhood avg.

Year Built

Above average

33 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 5%

Past 10 years William Whyte sales snapshot (~80% of all data)

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

63.0 is composed by the two sections below.

Property Score

74.8Good
Living Area2,142 sqft94Excellent
Year Built196043Low
Lot Size3,561 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

45.3Low
Household Income56Fair
Education Level22Low
Housing Stress63Fair
Core Housing Need38Low
Employment Health28Low

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (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: #46110066

Community deep dive

$52K

Median household income

$56K

Average household income

31%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

30%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)624
Labour force participation rate55%
Median age34.4
Avg household size2.8
Unemployment rate30%
Population density5672 / km²

Households & income

Low income (LIM-AT, % pop.)31%
Single-person households30%
Couple families with children13%
Median household income (2020)$52K

Housing

Renter households66%
Condominium dwellings0%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority27%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

Elite
2,142 sqft
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 8%
Same street · Magnus Avenue
#8 / 608
Top 1% · Avg 1,017 sqft
Same area · William Whyte
#45 / 1,707
Top 3% · Avg 1,158 sqft
Citywide · Winnipeg
#14,835 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
263k
0255075100
Same streetTop 11%Same areaTop 5%CitywideBottom 20%
Same street · Magnus Avenue
#67 / 608
Top 11% · Avg 178k
Same area · William Whyte
#80 / 1,707
Top 5% · Avg 149.1k
Citywide · Winnipeg
#155,181 / 194,458
Bottom 20% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 17%Same areaTop 17%CitywideBottom 42%

Lot Size

above average
3,561 sqft
0255075100
Same streetBottom 47%Same areaTop 18%CitywideBottom 20%

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

332 Magnus Avenue — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 300 m), 1 education (nearest 205 m), 2 healthcare (nearest 370 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks1
Fuel Stations1
Worship4

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 10/2022CA$250k–300k
Sold price

Same street

Top 10%

Same area

Top 4%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 332 Magnus Avenue, Winnipeg

332 Magnus Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 2,142 sqft home built in 1960, on a 3,561 sqft lot in Winnipeg’s William Whyte neighbourhood. Its standout feature is size. The living area ranks in the top 1% on Magnus Avenue and top 3% across the neighbourhood. That means it’s roughly double the average home on the street. The assessed value of $263,000 is well above the local averages—top 11% on the street and top 5% in the area—but sits below the citywide median, reflecting that this is a strong property within a more modest-priced pocket of the city. The land area is average for the street but above average for the neighbourhood; citywide it’s on the smaller side.

The appeal here is straightforward: you get a lot of house for your money. The combination of a large living area and a relatively low assessed value (by city standards) suggests this property may be undervalued compared to similar-sized homes elsewhere in Winnipeg. It would suit buyers who prioritize interior space over lot size, and who are comfortable in an older, established neighbourhood where homes vary widely in age and condition. It could also appeal to investors or flippers looking for a property with strong underlying metrics in an area that hasn’t yet seen major price inflation.


Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The assessed value of $263,000 is well above both the street average ($178k) and the neighbourhood average ($149k), placing it in the top 5% locally. But it’s significantly lower than the citywide average of $390k, meaning you’re paying below the city norm for a home of this size.

2. Is the house actually from 1960, or just the land?
The year built is listed as 1960, which is newer than most homes on the street (average 1937) and in the neighbourhood (average 1927). It’s roughly average compared to the city as a whole. This is likely the original structure, not a newer build on an old lot.

3. Why is the living area so much larger than other homes on the street?
The street average for living area is 1,017 sqft. At 2,142 sqft, this home is more than double that. This is a genuinely unusual property for the block—likely a one-off design or an addition that significantly expanded a more modest original footprint.

4. What’s the neighbourhood like in terms of resale potential?
William Whyte is an older, inner-city area with a mix of well-maintained homes and others that need work. The low citywide ranking for assessed value (bottom 20%) suggests prices are still comparatively low. Large homes that stand out from the local stock can be harder to sell quickly, but they often attract buyers looking for space they can’t afford in pricier areas.

5. Does the small lot size matter for a house this big?
The land area of 3,561 sqft is around average for the street but below the city median. If you want a big backyard or room for an addition, this isn’t it. But the house already occupies much of the lot, so a yard isn’t really the selling point—the interior square footage is.

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