461 Magnus Avenue

William Whyte, Winnipeg

39.6

Below average

Overall 39.6

Smaller than most nearby homes

868 sqft (bottom 25%)

Built in 1908 (19 yrs older than avg)

Located in a average-income area

with median household income of ~58k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 3 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

19 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 17%

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

39.6 is composed by the two sections below.

Property Score

28.3Low
Living Area868 sqft32Low
Year Built190810Low
Lot Size2,727 sqft28Low
Neighbourhood Sales Activity59Fair

Community Score

56.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
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: #46110057

Community deep dive

$58K

Median household income

$62K

Average household income

25%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)628
Labour force participation rate56%
Median age31.6
Avg household size3.0
Unemployment rate20%
Population density5233 / km²

Households & income

Low income (LIM-AT, % pop.)25%
Single-person households26%
Couple families with children26%
Median household income (2020)$58K

Housing

Renter households57%
Condominium dwellings4%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority38%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

around average
868 sqft
0255075100
Same streetBottom 33%Same areaBottom 25%CitywideBottom 14%
Same street · Magnus Avenue
#405 / 608
Bottom 33% · Avg 1,017 sqft
Same area · William Whyte
#1,283 / 1,707
Bottom 25% · Avg 1,158 sqft
Citywide · Winnipeg
#167,528 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

below average
70k
0255075100
Same streetBottom 2%Same areaBottom 3%CitywideBottom 1%
Same street · Magnus Avenue
#596 / 608
Bottom 2% · Avg 178k
Same area · William Whyte
#1,657 / 1,707
Bottom 3% · Avg 149.1k
Citywide · Winnipeg
#194,324 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1908
0255075100
Same streetBottom 25%Same areaBottom 41%CitywideBottom 4%

Lot Size

around average
2,727 sqft
0255075100
Same streetBottom 30%Same areaBottom 17%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

461 Magnus Avenue — 18 amenities found within 500 m, across 7 categories, including 1 dining (nearest 339 m), 3 education (nearest 180 m), 1 healthcare (nearest 131 m).

Search radius
🍽️Dining1
🏫Education3
🏥Healthcare1
🛒Shopping4
🌳Parks4
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 12/2024CA$50k–100k
Sold price

Same street

Bottom 3%

Same area

Bottom 4%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 461 Magnus Avenue, Winnipeg

461 Magnus Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1908-built home with 868 square feet of living space on a 2,727-square-foot lot. Its assessed value is $70,000.

What stands out here is the clear gap between the property’s characteristics and its valuation. The living area and land size are both below average for the city and even for the immediate William Whyte neighbourhood—but the assessed value is dramatically lower still. On Magnus Avenue itself, the home ranks near the bottom for value (#596 out of 608), while on the street it’s closer to the middle for living area and lot size. That suggests the value has been discounted more heavily than the physical specs alone would explain.

The appeal lies in affordability and potential. For a buyer comfortable with an older home (pre-1920s construction) and a modest footprint, this represents one of the cheapest entry points in the city. The low assessed value relative to street and neighbourhood averages also hints at possible renovation upside—if the structure is sound, bringing it up to neighbourhood standards could create equity. The lot, while not large, is still workable for a small garden or outdoor space.

This property would suit: First-time buyers priced out of other areas, investors looking for a low-cost rental or flip in a transitioning neighbourhood, or anyone who values walkable older neighbourhoods over newer suburban finishes. It is not for someone seeking a move-in-ready home with modern space standards or a family needing multiple bedrooms on a single level.


Five Possible FAQs

1. How does the 868 sqft living area compare to similar homes nearby?
On Magnus Avenue, it’s around average—ranked in the top 67% of homes. But in the broader William Whyte neighbourhood and across Winnipeg, it falls below average. Typical citywide living area for comparable homes is about 1,342 sqft.

2. Why is the assessed value ($70,000) so much lower than the street average ($178,000)?
It’s one of the lowest-valued properties on the street. While the home’s size and age are both below average, the gap in value is proportionally much larger. This could reflect deferred maintenance, an older interior, or a smaller number of bedrooms and bathrooms—not something the raw data shows, but common drivers of such a steep discount.

3. Is this property suitable for a renovation or investment?
Possibly, but caution is warranted. The low value suggests significant work may be needed. The land area is also smaller than most neighbouring lots (2,727 sqft vs. 3,518 sqft street average), which limits expansion or subdivision potential. A thorough inspection before purchase would be essential.

4. What’s the neighbourhood like?
William Whyte is an older, inner-city area with many pre-war homes. It tends to have lower price points than the city average. Proximity to downtown and major amenities is a plus, but buyers should research block-level conditions—some streets have stronger housing stock than others.

5. How was the ranking data calculated?
The rankings compare this property to other “comparable homes” within three scopes: the street, the neighbourhood, and the city. Larger living area, larger land area, newer year built, and higher assessed value all rank better. The bar fill reflects what percentage of peers you outperform. The “Avg” shown is a rough median for that category in each scope.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.