384 Magnus Avenue

William Whyte, Winnipeg

54.6

Fair

Overall 54.6

Larger but older than most nearby homes

1,420 sqft (top 21%)

Built in 1901 (26 yrs older than avg)

Located in a average-income area

with median household income of ~52.8k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 2 dining spots, 4 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Below average

26 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

54.6 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,420 sqft75Good
Year Built190110Low
Lot Size3,561 sqft46Low
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

above average
1,420 sqft
0255075100
Same streetTop 11%Same areaTop 21%CitywideTop 35%
Same street · Magnus Avenue
#66 / 608
Top 11% · Avg 1,017 sqft
Same area · William Whyte
#358 / 1,707
Top 21% · Avg 1,158 sqft
Citywide · Winnipeg
#67,258 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
148k
0255075100
Same streetBottom 36%Same areaTop 42%CitywideBottom 3%
Same street · Magnus Avenue
#387 / 608
Bottom 36% · Avg 178k
Same area · William Whyte
#721 / 1,707
Top 42% · Avg 149.1k
Citywide · Winnipeg
#188,809 / 194,458
Bottom 3% · Avg 390.1k

Year Built

below average
1901
0255075100
Same streetBottom 5%Same areaBottom 6%CitywideBottom 1%

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

384 Magnus Avenue — 17 amenities found within 500 m, across 7 categories, including 2 dining (nearest 294 m), 4 education (nearest 284 m), 1 healthcare (nearest 346 m).

Search radius
🍽️Dining2
🏫Education4
🏥Healthcare1
🛒Shopping2
🌳Parks3
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 5/2022CA$150k–200k
Sold price

Same street

Top 43%

Same area

Top 26%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 384 Magnus Avenue, Winnipeg

Property Overview: 384 Magnus Avenue, Winnipeg

Key Characteristics & Appeal

This is a classic, early-20th century one-and-three-quarter storey home in the William Whyte neighbourhood, built in 1901. Its primary appeal lies in its combination of historic character and practical updates, notably a renovated basement. The home sits on a larger-than-average lot (3,561 sqft) for the immediate area, offering valuable outdoor space. While the living area is a comfortable 1,420 sqft, the property’s standout metrics are its very low property tax assessment and its position as one of the older homes on its street and in the city—a point that attracts buyers interested in heritage charm but who should be mindful of maintenance typical for a home of this age.

It would suit a pragmatic first-time buyer or an investor looking for a character home with a key renovation already completed. The low assessed value suggests manageable property taxes, which is a significant long-term benefit. The appeal is grounded in value and potential rather than luxury; it’s for a buyer who sees virtue in a home that ranks highly for lot size and affordability rather than modern finishes or new construction.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on the scope, quality, permits, or whether it includes a legal suite are not provided. This would be a key point for verification during a viewing and inspection.

2. How does the low assessed value impact property taxes?
A $14,800 assessment is exceptionally low, which should translate to very low municipal property taxes. This is a major financial advantage, making the home’s ongoing costs more affordable than many others.

3. The home is 125 years old. What should I be prepared for?
While charming, a home from 1901 will likely require diligent maintenance. Prospective buyers should budget for potential updates to aging components like plumbing, electrical, or the foundation, and ensure a thorough inspection is conducted.

4. The lot is large, but how is the neighbourhood?
The home ranks in the top half of its street for lot size, offering good space. William Whyte is a mature, central neighbourhood. As with any area, visiting at different times of day and researching local amenities and community plans is recommended to gauge personal fit.

5. Why is the assessed value so much lower than the nearby newer builds?
The 2018 build next door has a much higher assessment, reflecting its new construction, modern systems, and likely higher market value. This highlights that 384 Magnus Avenue is valued for its land, existing structure, and historic profile, appealing to a different buyer priority: lower taxes and character over new condition.

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