568 Magnus Avenue

William Whyte, Winnipeg

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)

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

32.0 is composed by the two sections below.

Property Score

37.0Low
Living Area42
900 sqftLow
Year Built10
1905Low
Lot Size46
3,569 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

24.5Low
Household Income35
Low
Education Level10
Low
Housing Stress30
Low
Core Housing Need5
Low
Employment Health15
Low

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: #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

Population (2021)536
Labour force participation rate43%
Median age38.4
Avg household size2.3
Unemployment rate25%
Population density7657 / km²

Households & income

Low income (LIM-AT, % pop.)37%
Single-person households44%
Couple families with children12%
Median household income (2020)$40K

Housing

Renter households84%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority29%
Bachelor's or higher (25–64)4%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
900 sqft
0255075100
Same streetBottom 42%Same areaBottom 28%CitywideBottom 17%
Same street · Magnus Avenue
#354 / 608
Bottom 42% · Avg 1,017 sqft
Same area · William Whyte
#1,232 / 1,707
Bottom 28% · Avg 1,158 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
127k
0255075100
Same streetBottom 25%Same areaBottom 44%CitywideBottom 2%
Same street · Magnus Avenue
#453 / 608
Bottom 25% · Avg 178k
Same area · William Whyte
#955 / 1,707
Bottom 44% · Avg 149.1k
Citywide · Winnipeg
#191,502 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1905
0255075100
Same streetBottom 17%Same areaBottom 25%CitywideBottom 2%

Lot Size

above average
3,569 sqft
0255075100
Same streetTop 49%Same areaTop 15%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

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).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks4
Worship4
🏛️Government1

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 2/2019CA$100k–150k
Sold price

Same street

Bottom 32%

Same area

Bottom 42%

City-wide

Bottom 2%

Related homes

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.