351 Magnus Avenue

William Whyte, Winnipeg

Property score

63.8

Fair

Overall 63.8 · Larger and newer than most nearby homes

1,426 sqft (top 21%) · Built in 2023 (96 yrs newer than avg)

Located in a average-income area with median household income of ~52.8k

Transit 80.0 · 3-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

23% larger than neighborhood avg.

Year Built

Above average

96 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 6%

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

63.8 is composed by the two sections below.

Property Score

72.1Good
Living Area75
1,426 sqftGood
Year Built100
2023Excellent
Lot Size28
2,728 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

51.3Fair
Household Income58
Fair
Education Level22
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health42
Low

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: #46110067

Community deep dive

$53K

Median household income

$60K

Average household income

32%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

24%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)582
Labour force participation rate48%
Median age32.4
Avg household size2.9
Unemployment rate10%
Population density5290 / km²

Households & income

Low income (LIM-AT, % pop.)32%
Single-person households24%
Couple families with children17%
Median household income (2020)$53K

Housing

Renter households67%
Condominium dwellings0%
Median dwelling value (owners)$174K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority36%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

above average
1,426 sqft
0255075100
Same streetTop 10%Same areaTop 21%CitywideTop 34%
Same street · Magnus Avenue
#63 / 608
Top 10% · Avg 1,017 sqft
Same area · William Whyte
#352 / 1,707
Top 21% · Avg 1,158 sqft
Citywide · Winnipeg
#66,800 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

Elite
283k
0255075100
Same streetTop 7%Same areaTop 3%CitywideBottom 25%
Same street · Magnus Avenue
#43 / 608
Top 7% · Avg 178k
Same area · William Whyte
#43 / 1,707
Top 3% · Avg 149.1k
Citywide · Winnipeg
#146,195 / 194,458
Bottom 25% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

around average
2,728 sqft
0255075100
Same streetBottom 32%Same areaBottom 19%CitywideBottom 8%

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

351 Magnus Avenue — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 381 m), 1 education (nearest 266 m), 2 healthcare (nearest 424 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 5/2023CA$250k–300k
Sold price

Same street

Top 4%

Same area

Top 2%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 351 Magnus Avenue, Winnipeg

351 Magnus Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a newly built home (2023) on Magnus Avenue in the William Whyte neighbourhood. With 1,426 square feet of living space, it ranks among the top 10% of homes on its street and top 21% in the area. Its assessed value of $283,000 is notably high for the neighbourhood—top 3% locally—but sits below the citywide average. The land area is modest at 2,728 square feet, ranking in the lower third citywide.

The appeal here is straightforward: a modern, turn-key house in an older, established neighbourhood where most homes date back to the 1930s. You get new construction without paying new-suburb prices. The trade-off is a smaller lot than what you'd find in many older or suburban homes. This property suits buyers who prioritize a move-in-ready home with contemporary finishes over land size, and who want to avoid major renovations. It may also appeal to those betting on the William Whyte area continuing to appreciate, given the sharp contrast between this home's assessed value and the neighbourhood average.


Frequently Asked Questions

1. How does the living space compare to other homes in the area?
The home is well above average locally. Its 1,426 sqft is about 23% larger than the William Whyte average (1,158 sqft). On Magnus Avenue specifically, it ranks in the top 10%.

2. Is the assessed value a realistic estimate of market price?
Assessed value and market value are not the same, but this property's assessment is notably high for the neighbourhood—top 3%. That suggests the city appraiser sees it as a premium home in the area. Still, final sale price depends on market demand, condition, and competing listings.

3. Why is the land area so small compared to citywide averages?
The average lot size in Winnipeg is over 6,500 sqft, largely driven by post-war suburban lots. This home sits on a 2,728 sqft lot, which is typical for infill builds on older city streets where lots were subdivided or originally smaller. It's about average for Magnus Avenue but well below the city norm.

4. Who typically buys homes like this in William Whyte?
Buyers tend to be first-time homeowners who want something newer and worry-free, or investors targeting tenants who prefer a modern unit in a central location. It's less common for families seeking large yards or buyers looking for a character fixer-upper.

5. How does the year built affect the property's standing?
This home is among the newest in the entire city—ranked in the top 1% citywide by year built. In a neighbourhood where the average home was built in 1927, that's an extreme outlier. This means lower likelihood of immediate major repairs but also less architectural character and potentially higher property taxes compared to older homes with lower assessments.