572 Magnus Avenue

William Whyte, Winnipeg

Property score

48.2

Below average

Overall 48.2 · Larger and newer than most nearby homes

1,380 sqft (top 23%) · Built in 1972 (45 yrs newer than avg)

Located in a below-average income area with median household income of ~39.6k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

45 yrs newer 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

48.2 is composed by the two sections below.

Property Score

64.0Fair
Living Area1,380 sqft71Good
Year Built197258Fair
Lot Size3,569 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

24.5Low
Household Income35Low
Education Level10Low
Housing Stress30Low
Core Housing Need5Low
Employment Health15Low

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

above average
1,380 sqft
0255075100
Same streetTop 13%Same areaTop 23%CitywideTop 37%
Same street · Magnus Avenue
#76 / 608
Top 13% · Avg 1,017 sqft
Same area · William Whyte
#392 / 1,707
Top 23% · Avg 1,158 sqft
Citywide · Winnipeg
#71,250 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

Elite
321k
0255075100
Same streetTop 4%Same areaTop 2%CitywideBottom 36%
Same street · Magnus Avenue
#24 / 608
Top 4% · Avg 178k
Same area · William Whyte
#27 / 1,707
Top 2% · Avg 149.1k
Citywide · Winnipeg
#124,763 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 13%Same areaTop 16%CitywideTop 45%

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

572 Magnus Avenue — 16 amenities found within 500 m, across 7 categories, including 1 dining (nearest 235 m), 2 education (nearest 218 m), 1 healthcare (nearest 354 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

572 Magnus Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 572 Magnus Avenue, Winnipeg

572 Magnus Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,380-square-foot home built in 1972, sitting on a 3,569-square-foot lot in Winnipeg’s William Whyte neighbourhood. What stands out immediately is the assessed value: $321,000. That places it in the top 4% on Magnus Avenue and the top 2% within the wider neighbourhood—well above the street average of $178,000 and the area average of $149,100. The numbers suggest a property that has been improved, maintained, or positioned differently than its immediate neighbours.

The living area is also generous for the street and neighbourhood. At 1,380 square feet, it ranks in the top 13% on Magnus Avenue (where the average is 1,017 square feet) and top 23% in William Whyte (average 1,158 square feet). Citywide, it sits near the middle of the pack. The land area is slightly above average for the neighbourhood but below the citywide norm, which makes sense given older urban lots tend to be smaller than newer suburban ones.

The home is newer than most nearby properties. Built in 1972, it ranks in the top 13% on the street, where the average home dates to 1937. That means you're getting a structure that is roughly 35 years younger than the typical house on Magnus Avenue—potentially fewer deferred maintenance issues, more modern building practices, and likely updated systems.

Appeal and who it suits: This property likely appeals to buyers who want a solid, above-average home in an older neighbourhood without paying for a full renovation or a new build. The assessed value suggests it's already been brought up to a good standard, and the larger-than-average interior gives breathing room compared to nearby bungalows or wartime houses. It could suit a family looking for more space on a budget, an investor targeting a neighbourhood with upside, or someone who values a newer structure without leaving the central part of the city. The trade-off: the lot is modest by citywide standards, and the surrounding area still has a mix of older, lower-value homes, so street-level comparisons are uneven.


Frequently Asked Questions

1. Why is the assessed value so much higher than the street average?
The home is newer, larger, and likely in better condition than many of its neighbours. Assessed value reflects recent market data and property characteristics—not just location. A 1972 build with 1,380 square feet will naturally be valued higher than a 1930s bungalow at 1,000 square feet, even on the same street.

2. How does this compare to similar homes in other parts of Winnipeg?
Citywide, the assessed value is around average (top 64%), and the living area is also near the median. So while this home stands out in its immediate area, it's not an outlier when compared to the broader market. It's a solid middle-of-the-pack house that happens to be positioned in a lower-value pocket of the city.

3. Is a 1972 home considered old or in need of major updates?
In the context of Magnus Avenue, it's relatively new. Citywide, it's slightly older than average (median build year is 1966). Homes from the 1970s often have original features that still function well, but you'd want to check the age of major systems—roof, furnace, windows, plumbing. It's not a heritage house, but it's not brand new either.

4. The lot is smaller than the city average. Does that limit anything?
It depends on your plans. At 3,569 square feet, the lot is typical for an older urban neighbourhood but well below the citywide average of 6,570 square feet. If you're looking for a large yard, garage space, or room to expand, this might feel tight. For someone prioritizing indoor space and location over outdoor square footage, it's likely fine.

5. What does "ranked top 2% in the neighbourhood" actually mean for resale?
It means this property is a standout relative to nearby homes. That can work in your favour when selling—buyers may see it as a premium option in an area where comparable listings are older or smaller. However, resale value also depends on the direction of the neighbourhood. A top-tier home in a stable or improving area tends to hold value well; in a stagnant one, it may take longer to find the right buyer.

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