31.3
Below average
Property score
31.3
Below average
Overall 31.3
Smaller than most nearby homes
720 sqft (bottom 11%)
Built in 1913 (14 yrs older than avg)
Located in a average-income area
with median household income of ~52k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
14 yrs older than neighborhood avg.
Mother tongue
English · 71%Tagalog · 5%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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31.3 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110066
$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
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
341 Magnus Avenue — 14 amenities found within 500 m, across 7 categories, including 2 dining (nearest 352 m), 1 education (nearest 251 m), 3 healthcare (nearest 411 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 341 Magnus Avenue.
Garbage
thursday
Recycling
thursday
Yard Waste
thursday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 7% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 720 sqft home at 341 Magnus Avenue is a compact, early-20th-century property (built 1913) situated in Winnipeg’s William Whyte neighbourhood. Its standout feature is the assessed value: at $137,000, it sits just below the neighbourhood average of $149,000 and well below the Winnipeg average of $390,000. This makes it one of the more affordable options in a community where land values and property taxes tend to be modest by city standards.
Where the property falls short is size. The living area is smaller than 83% of homes on the same street and 89% of homes in the wider neighbourhood. The land parcel is also notably compact—2,277 sqft—ranking in the bottom 7% on the street and bottom 3% in the area. This is not a property for someone seeking generous indoor or outdoor space.
The appeal lies in its low entry cost relative to the city as a whole, and the possibility of a manageable property tax bill. It would suit a buyer looking for an affordable foothold in a central neighbourhood, someone willing to work with a smaller footprint, or an investor interested in a lower-cost asset in an area where average valuations are climbing. The age of the home (older than the local average but in line with the neighbourhood’s character) suggests it may have original details worth preserving, but also calls for realistic expectations around maintenance.
1. Why is the assessed value so low compared to the city average?
The $137,000 assessment falls below the William Whyte neighbourhood average ($149,000) and far below Winnipeg’s $390,000 median. This reflects both the home’s smaller size and the area’s generally lower land values. It’s not an anomaly—many homes in the community are assessed well below city norms.
2. How does the living area compare to typical homes nearby?
At 720 sqft, it’s smaller than the street average of 1,017 sqft and the neighbourhood average of 1,158 sqft. Roughly 83% of homes on Magnus Avenue and 89% of homes in William Whyte are larger. Buyers should expect a compact layout, not a spacious one.
3. The home was built in 1913—is that a concern?
The build year is typical for the street and slightly older than the neighbourhood average (1927). Many homes in this area are from the early 1900s. Original construction can mean solid materials, but systems (electrical, plumbing, heating) may be outdated and should be inspected. Older homes in this price range often require ongoing upkeep.
4. Does the small lot limit future possibilities?
The 2,277 sqft lot is smaller than 97% of properties in the neighbourhood and 98% citywide. There’s limited space for additions, major landscaping, or outbuildings. If a large yard or expansion potential is a priority, this property likely won’t suit. For a low-maintenance yard or infill potential with zoning allowances, it could still work—but check local bylaws.
5. What type of buyer would benefit most from this property?
First-time buyers with a tight budget, someone looking for a low-cost entry into a central Winnipeg neighbourhood, or an investor seeking a lower-assessed property (and potentially lower taxes) in an area where valuations are closer to the neighbourhood average. It’s less suited for families needing space or anyone prioritizing land size.
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