58.0
Fair
Property score
58.0
Fair
Overall 58.0
Larger but older than most nearby homes
1,632 sqft (top 11%)
Built in 1905 (22 yrs older than avg)
Located in a average-income area
with median household income of ~58k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
41% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 17%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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58.0 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: #46110057
$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
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
481 Magnus Avenue — 17 amenities found within 500 m, across 7 categories, including 2 dining (nearest 382 m), 3 education (nearest 103 m), 1 healthcare (nearest 116 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | Top 15% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone property summary for 481 Magnus Avenue.
This is a 1,632 sqft home built in 1905 on a 2,727 sqft lot at 481 Magnus Avenue, in Winnipeg’s William Whyte neighbourhood. Its standout feature is the living space. The home ranks in the top 5% on its street for square footage, top 11% in the neighbourhood, and top 24% citywide. For a home of this age, that amount of interior room is uncommon and likely owes to later additions or a generous original layout.
The appeal here is value-driven, not curb appeal or modernity. The assessed value of $165k is below average for its street and sits in the bottom 5% citywide, meaning the price point is relatively low despite the generous interior. The lot is on the smaller side for the neighbourhood, and the year built (1905) places it among older homes in the area. Buyers would be looking for space over polish—someone willing to take on an older home with character, potentially with renovation needs, in exchange for a low entry price and a large floor plan. It suits first-time buyers looking for square footage they can’t get elsewhere at this price, or investors focused on the low purchase cost relative to usable space.
How does the assessed value compare to similar homes in Winnipeg?
The $165k assessment is well below the citywide average for comparable homes ($390k). On its own street, it’s around average. This means the property is priced very competitively for its size, but the low relative value citywide reflects the older age, smaller lot, and neighbourhood market conditions.
The lot is 2,727 sqft—is that a problem?
It depends on your plans. The lot is below average for the street (3,518 sqft) and significantly below the citywide average (6,570 sqft) for comparable homes. If you want a large yard or space for additions, this may be limiting. However, for a buyer focused on the interior living area rather than outdoor space, it’s a reasonable trade-off.
What does a 1905 build date mean practically?
It means the home is older than 98% of properties citywide. You should expect potential issues with older systems (electrical, plumbing), foundation, and insulation. The advantage is that well-maintained older homes often have solid materials and unique detailing. A thorough home inspection is essential, and renovation costs should be factored in.
Is this a good investment?
Potentially, if you’re comfortable with an older property. The low entry cost combined with a large living area offers good upside if you can add value through updates. The neighbourhood ranking (top 11%) is decent, but the street ranking for age and lot size suggests limited resale demand from buyers looking for modern, turnkey homes.
How does it compare to other homes on Magnus Avenue?
It’s one of the largest homes on the street (top 5% for living area) but older than most (bottom 17% for year built) and has a smaller-than-average lot. It’s essentially a compromise: you get significantly more indoor space than your neighbours for a similar price, but you trade that against a smaller yard and an older structure.
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