Property score
22.3
Below average
Overall 22.3 · Smaller and older than most nearby homes
684 sqft (bottom 8%) · Built in 1905 (22 yrs older than avg)
Located in a below-average income area with median household income of ~39.6k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 5%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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Property score
22.3 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110058
Community deep dive
$40K
Median household income
$44K
Average household income
37%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
44%
Single-person households
12%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
below averageYear Built
below averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
542 Magnus Avenue — 18 amenities found within 500 m, across 7 categories, including 2 dining (nearest 267 m), 3 education (nearest 129 m), 1 healthcare (nearest 276 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 28% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 27% | Bottom 1% |
542 Magnus Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 542 Magnus Avenue, Winnipeg
Key Characteristics & Appeal
This is a 1905 starter home near Magnus Avenue in Winnipeg’s William Whyte neighbourhood, with 684 square feet of living space on a 3,568-square-foot lot. The property is older than most comparable homes on its street, in its community, and across the city—placing it in the oldest few percent citywide. Its assessed value of $96,000 is similarly low relative to local and city averages, reflecting both the home’s age and its compact size.
The main appeal is affordability, especially the land-to-price ratio. The lot is larger than typical for the neighbourhood (top 15% in William Whyte) despite the home itself being small. For a buyer who values outdoor space or future potential—such as a garden, workshop, or expansion—this property offers a rare combination of a low entry price and a generous yard. It suits first-time buyers with limited budgets, investors looking for a low-cost renovation project, or anyone prioritizing land over square footage in an older, established part of town. The drawbacks are clear: you’re buying a small, old structure in a lower-value area, and comparables suggest limited upside without significant work.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It’s among the smallest and oldest on Magnus Avenue. Living space ranks 543rd out of 608 homes, and the assessed value is similarly low. However, the lot size is about average for the street, which is unusual for a home this age and size.
2. Is the low assessed value a good thing or a red flag?
It depends on your goals. A low assessment means low property taxes, which keeps monthly costs down. But it also reflects the home’s condition and desirability relative to the market. If you’re looking for a cheap place to live with minimal overhead, it’s a positive. If you’re expecting quick appreciation, it’s less promising.
3. What’s the land really worth here?
The lot is 3,568 square feet—larger than most in the neighbourhood (top 15%) but still below the citywide average. In a market where land is increasingly valuable, this could be the asset that holds or grows in value over time, especially if the neighbourhood sees reinvestment.
4. How old is “too old” for a house like this?
Built in 1905, this home will likely need attention to foundational, electrical, and plumbing systems. A home this old isn’t automatically a problem if it’s been maintained, but you should expect some updating. It’s worth getting a thorough inspection focused on knob-and-tube wiring, lead pipes, and the condition of the original structure.
5. Who is this property not for?
It’s not for buyers who want turnkey condition, modern layouts, or a home that will resell easily in the near term. It’s also not ideal for anyone who needs more than about 700 square feet of indoor space unless they’re planning to add on. If you need financing, some lenders may also be cautious with very old, low-value properties.