576 Magnus Avenue

William Whyte, Winnipeg

Property score

51.1

Fair

Overall 51.1 · Larger and newer than most nearby homes

1,633 sqft (top 11%) · Built in 1962 (35 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

41% larger than neighborhood avg.

Year Built

Above average

35 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

51.1 is composed by the two sections below.

Property Score

68.8Good
Living Area1,633 sqft83Excellent
Year Built196246Low
Lot Size3,570 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

Elite
1,633 sqft
0255075100
Same streetTop 5%Same areaTop 11%CitywideTop 24%
Same street · Magnus Avenue
#30 / 608
Top 5% · Avg 1,017 sqft
Same area · William Whyte
#188 / 1,707
Top 11% · Avg 1,158 sqft
Citywide · Winnipeg
#46,124 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
204k
0255075100
Same streetTop 31%Same areaTop 16%CitywideBottom 9%
Same street · Magnus Avenue
#187 / 608
Top 31% · Avg 178k
Same area · William Whyte
#266 / 1,707
Top 16% · Avg 149.1k
Citywide · Winnipeg
#177,383 / 194,458
Bottom 9% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 17%Same areaTop 17%CitywideBottom 44%

Lot Size

above average
3,570 sqft
0255075100
Same streetTop 48%Same areaTop 14%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

576 Magnus Avenue — 16 amenities found within 500 m, across 7 categories, including 1 dining (nearest 233 m), 2 education (nearest 222 m), 1 healthcare (nearest 363 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 5/2021CA$200k–250k
Sold price

Same street

Top 21%

Same area

Top 12%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 576 Magnus Avenue, Winnipeg

576 Magnus Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1,633 sqft home on Magnus Avenue in Winnipeg's William Whyte neighbourhood stands out most for its size. On its own street, it ranks in the top 5% for living area, nearly 60% larger than the street average of 1,017 sqft. Within the wider neighbourhood, it places in the top 11%, and citywide it sits in the top 24%. At 1,633 sqft, this is a genuinely spacious property relative to its immediate surroundings.

The home was built in 1962, which makes it newer than most homes on Magnus Avenue (average 1937) and newer than the neighbourhood average (1927). Citywide, it's roughly middle-of-the-pack in age. The lot is 3,570 sqft—about average for the street, above average for the neighbourhood, but smaller than the typical Winnipeg lot.

Its assessed value is $204,000. That's slightly above the street average of $178,000 and well above the neighbourhood average of $149,100, but significantly below the citywide average of $390,100. In other words, you're getting a large home in a neighbourhood where values haven't yet caught up to the citywide median.

Where the appeal lies: The main draw is space per dollar. Buyers get a house with living area that competes with much more expensive parts of the city, but at a price point that reflects William Whyte's current market. The home is also newer than most of its neighbours, which can mean fewer major structural surprises than a pre-war property.

Who it would suit: Buyers who prioritize interior square footage over lot size, and who are comfortable in an older, inner-city neighbourhood that's still building value. It's less suited for someone looking for a large yard or for a home in a high-appreciation area with polished curb appeal. This is a pragmatic choice for anyone who needs room to spread out without stretching their budget to citywide averages.


Five Frequently Asked Questions

1. How does the assessed value compare to similar homes on the street and in the city?
The home is assessed at $204,000, which is about 15% above the street average of $178,000 and 37% above the neighbourhood average of $149,100. However, it's roughly half the citywide average of $390,100. The value reflects the home's larger size relative to its immediate area, but also William Whyte's position below the Winnipeg market as a whole.

2. Is the lot big enough for additions or a garage?
At 3,570 sqft, the lot is average for Magnus Avenue but above average for the neighbourhood. It's not oversized by any means—citywide lots average nearly double that—so any expansion would need careful planning. A single-car garage or a modest addition may be feasible, but a large workshop or extensive landscaping would be tight.

3. How does the home's age affect maintenance expectations?
Built in 1962, the home is newer than most on the street and in the neighbourhood, where averages are 1937 and 1927 respectively. This means it likely has a more modern foundation, electrical system, and framing than many nearby homes. However, it's still over 60 years old, so major systems (roof, furnace, windows, plumbing) may be original or nearing end-of-life. A home inspection is essential.

4. Why is the assessed value below the citywide average despite the large living area?
Location and land value are the main factors. The citywide average of $390,100 includes homes in higher-demand areas with larger lots. William Whyte is a more affordable neighbourhood, and the lot here is smaller than the Winnipeg norm. The home's value comes from its interior space, not from the land it sits on or the prestige of the address.

5. How does this property compare to others in William Whyte specifically?
Within the neighbourhood (ranked #188 out of 1,707 homes), it's in the top 11% for living area and top 16% for assessed value. That means it's one of the larger, more valuable homes in the area. Its lot is also in the top 14% for the neighbourhood, so it's above average on all three key metrics locally, even if citywide comparisons are more modest.

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