367 Magnus Avenue

William Whyte, Winnipeg

Property score

37.5

Below average

Overall 37.5 · Smaller and older than most nearby homes

840 sqft (bottom 22%) · Built in 1905 (22 yrs older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

22 yrs older 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

37.5 is composed by the two sections below.

Property Score

28.3Low
Living Area840 sqft32Low
Year Built190510Low
Lot Size2,728 sqft28Low
Neighbourhood Sales Activity59Fair

Community Score

51.3Fair
Household Income58Fair
Education Level22Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health42Low

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

around average
840 sqft
0255075100
Same streetBottom 31%Same areaBottom 22%CitywideBottom 12%
Same street · Magnus Avenue
#418 / 608
Bottom 31% · Avg 1,017 sqft
Same area · William Whyte
#1,326 / 1,707
Bottom 22% · Avg 1,158 sqft
Citywide · Winnipeg
#170,925 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

below average
94k
0255075100
Same streetBottom 10%Same areaBottom 17%CitywideBottom 1%
Same street · Magnus Avenue
#547 / 608
Bottom 10% · Avg 178k
Same area · William Whyte
#1,421 / 1,707
Bottom 17% · Avg 149.1k
Citywide · Winnipeg
#193,686 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1905
0255075100
Same streetBottom 17%Same areaBottom 25%CitywideBottom 2%

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

367 Magnus Avenue — 15 amenities found within 500 m, across 7 categories, including 2 dining (nearest 356 m), 3 education (nearest 289 m), 1 healthcare (nearest 376 m).

Search radius
🍽️Dining2
🏫Education3
🏥Healthcare1
🛒Shopping2
🌳Parks2
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 4/2023CA$100k–150k
Sold price

Same street

Bottom 25%

Same area

Bottom 32%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 367 Magnus Avenue, Winnipeg

367 Magnus Avenue – Property Summary

Key Characteristics & Buyer Suitability

This is a 1905-built home with 840 square feet of living space on a 2,728-square-foot lot. Across every metric—size, age, lot, and assessed value—the property sits below average relative to its street (Magnus Avenue), its neighbourhood (William Whyte), and Winnipeg as a whole.

The home’s appeal lies in its affordability, not its size or condition relative to neighbours. The assessed value of $94,000 is well below the street average of $178,000 and far below the city average of $390,000. For a buyer looking to enter the market with a lower price point, or someone interested in a fixer-upper in an older, established neighbourhood, this property offers a clear starting point. It is not a move-in-ready, turnkey home by any standard—it’s a practical option for those willing to invest time or labour.

This property would suit first-time buyers with limited budgets, investors looking for a lower-cost entry in an older Winnipeg neighbourhood, or anyone who values location or character (1905 construction) over square footage or modern finishes. It would likely not appeal to buyers seeking a home that compares favourably to its street or community averages.


Five Frequently Asked Questions

1. How does the property’s size compare to typical homes nearby?
The home is smaller than average at 840 sq ft, compared to roughly 1,017 sq ft on the same street and 1,158 sq ft in the William Whyte neighbourhood. It ranks in the 69th percentile on its street—meaning about 69% of homes are smaller—and 78th percentile citywide.

2. Why is the assessed value so much lower than the neighbourhood average?
The assessed value of $94,000 is significantly below the neighbourhood average of $149,000 and the street average of $178,000. This likely reflects the home’s smaller size, older construction (1905), and possibly less updated condition or lower lot value relative to others in the area.

3. Is the lot size a concern?
At 2,728 sq ft, the lot is slightly smaller than the street average of 3,518 sq ft and well below the city average of 6,570 sq ft. It’s not unusually small for the neighbourhood, but buyers expecting a large yard or expansion space should consider this limitation.

4. What should I know about a home built in 1905?
This is an older home, ranking in the bottom 2% citywide by construction year. Buyers should expect potential issues with aging infrastructure—plumbing, electrical, insulation, foundation—and should budget for inspections and possible upgrades. On the positive side, older homes often have good bones and character.

5. Is this a good investment?
That depends on goals. The low purchase price and below-average assessment suggest potential for equity growth through renovations or neighbourhood appreciation. However, the home sits in a lower-ranked area (William Whyte), so resale value may not rise quickly without broader market or neighbourhood changes. It’s a speculative play, not a guaranteed return.

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