Property score
32.0
Below average
Overall 32.0 · Smaller and older than most nearby homes
900 sqft (bottom 28%) · Built in 1905 (22 yrs older than avg)
Located in a below-average income area with median household income of ~39.6k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
22% 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
32.0 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
around 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
568 Magnus Avenue — 16 amenities found within 500 m, across 7 categories, including 1 dining (nearest 239 m), 2 education (nearest 198 m), 1 healthcare (nearest 336 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 32% | Bottom 42% | Bottom 2% |
568 Magnus Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Highlights & common questions: 568 Magnus Avenue, Winnipeg
568 Magnus Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 900 sqft home on a 3,569 sqft lot, built in 1905, with an assessed value of $127,000. Located on Magnus Avenue in the William Whyte neighbourhood, the property sits on a lot that is noticeably larger than the neighbourhood average (ranking in the top 15% locally). The living area is around average for the street but below average citywide. The assessed value is low relative to the street and city, which reflects both the age of the home and its modest size.
The appeal is not in modern finishes or space. It lies in the land-to-price ratio. A buyer gets a lot that is generous for the area, with a house that is likely a tear-down or a deep renovation project. The low assessed value and age ranking (83rd percentile on the street, 98th percentile citywide) signal that this is a property for someone comfortable with an older structure and willing to invest sweat equity. It suits a buyer with renovation experience or a long-term hold mindset—someone who values land in a central Winnipeg neighbourhood over move-in-ready convenience. It may also appeal to an investor looking for a low-entry property in an area where land is at a premium relative to the house.
Five Possible FAQs
1. How does the lot size here compare to other homes in Winnipeg?
The land area is 3,569 sqft, which is above average for the William Whyte neighbourhood (top 15%) but below the citywide median of 6,570 sqft. So you’re getting a good-sized lot for the immediate area, but not by broader city standards.
2. The house was built in 1905—should I expect major issues?
Yes, it’s very old. Only 2% of properties citywide are older. You should expect outdated systems (plumbing, electrical, possibly foundation), and likely no modern insulation. A thorough inspection is essential. The upside is that older homes in this area often have solid bones, but don’t assume that.
3. Is the assessed value of $127,000 realistic for what the property is worth?
Assessed value is a baseline used for property taxes, not necessarily market value. On Magnus Avenue, the average assessed value is $178k, so this one is below average. Market price will depend on condition, demand in the neighbourhood, and comparable recent sales. The low assessment could mean lower taxes, but also suggests the house needs work.
4. What kind of renovation would make sense here?
Given the small living area (900 sqft) and large lot, an addition or a full rebuild might be more practical than trying to renovate the existing footprint. That said, if the structure is sound, a gut renovation could work. It really depends on your budget and whether you want to keep the original character.
5. Who typically buys homes like this in William Whyte?
It attracts a mix of first-time buyers looking for affordable entry into a central neighbourhood, investors targeting rental or flip opportunities, and homeowners interested in a long-term project. The area has been seeing gradual reinvestment, so there is some upside potential, but it’s not a quick turnaround market.