709 Magnus Avenue

William Whyte, Winnipeg

Property score

32.6

Below average

Overall 32.6 · Smaller and older than most nearby homes

654 sqft (bottom 6%) · Built in 1905 (22 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 67%Tagalog · 17%

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

32.6 is composed by the two sections below.

Property Score

16.6Low
Living Area654 sqft15Low
Year Built190510Low
Lot Size2,463 sqft18Low
Neighbourhood Sales Activity59Fair

Community Score

56.6Fair
Household Income62Fair
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health42Low

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: #46110057

Community deep dive

$58K

Median household income

$62K

Average household income

25%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)628
Labour force participation rate56%
Median age31.6
Avg household size3.0
Unemployment rate20%
Population density5233 / km²

Households & income

Low income (LIM-AT, % pop.)25%
Single-person households26%
Couple families with children26%
Median household income (2020)$58K

Housing

Renter households57%
Condominium dwellings4%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority38%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

below average
654 sqft
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 2%
Same street · Magnus Avenue
#557 / 608
Bottom 8% · Avg 1,017 sqft
Same area · William Whyte
#1,606 / 1,707
Bottom 6% · Avg 1,158 sqft
Citywide · Winnipeg
#190,845 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
130k
0255075100
Same streetBottom 27%Same areaBottom 46%CitywideBottom 2%
Same street · Magnus Avenue
#445 / 608
Bottom 27% · Avg 178k
Same area · William Whyte
#929 / 1,707
Bottom 46% · Avg 149.1k
Citywide · Winnipeg
#191,175 / 194,458
Bottom 2% · Avg 390.1k

Year Built

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

Lot Size

below average
2,463 sqft
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 3%

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

709 Magnus Avenue — 18 amenities found within 500 m, across 7 categories, including 4 dining (nearest 225 m), 3 education (nearest 209 m), 3 healthcare (nearest 312 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare3
🛒Shopping1
🌳Parks3
Worship3
🏛️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 7/2021CA$150k–200k
Sold price

Same street

Bottom 46%

Same area

Top 39%

City-wide

Bottom 4%
Sold 11/2017CA$50k–100k
Sold price

Same street

Bottom 6%

Same area

Bottom 7%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 709 Magnus Avenue, Winnipeg

709 Magnus Avenue – Property Summary


Key Characteristics and Buyer Profile

This is a compact, older home in Winnipeg’s William Whyte neighbourhood, built in 1905. Its living area is 654 square feet, and the lot measures 2,463 square feet. Both figures fall well below average for the street, neighbourhood, and city. The assessed value is $130,000—slightly below the neighbourhood average of $149,100 but significantly below the citywide average of $390,100.

Where its appeal lies: The property’s main draw is its affordability relative to the surrounding area. While the assessed value ranks near the bottom citywide (top 98%), it sits around the middle of the neighbourhood (top 54%), meaning it’s priced in line with local comparables. The home is one of the older and smaller options available, which may appeal to buyers looking for a low-cost entry point into a central Winnipeg neighbourhood, or those interested in a renovation project where the purchase price leaves room for upgrades.

What type of buyer it would suit: This property is best suited for budget-conscious buyers, first-time homeowners who don’t need much space, or investors seeking low-cost acquisitions in an older urban area. It may also appeal to those who value a small footprint and a walkable street over square footage or a modern build. Less obvious: for a buyer comfortable with a fixer-upper, the small size could mean fewer costly materials and faster renovations—but the 1905 construction date suggests possible foundation, wiring, or plumbing work that could offset savings.


Frequently Asked Questions

1. Why is the assessed value so low compared to the city average?
The $130,000 assessment reflects the home’s small size (654 sq ft), older age (1905), and small lot (2,463 sq ft). Citywide, the average home is much larger (1,342 sq ft) and newer (1966), driving up the average value. Locally, the assessment is within the typical range for William Whyte.

2. How does the land area compare to other homes in the area?
The lot is 2,463 sq ft—about 700 sq ft smaller than the neighbourhood average (3,277 sq ft) and roughly 1,000 sq ft smaller than the street average (3,518 sq ft). It’s a compact urban lot, not suited for large additions or extensive landscaping.

3. What does “Top 98%” mean in the citywide ranking?
It means this property ranks among the 2% of homes citywide with the smallest living area, oldest year built, and lowest assessed value. It’s an indication of how unusual the property is compared to the overall housing stock in Winnipeg.

4. Is the house worth more than the assessed value if renovated?
Possibly, but the assessed value is a baseline. Renovations that increase square footage or update systems could raise the assessment, though the small lot limits expansion potential. Buyers should budget for both renovation costs and a potential reassessment after improvements.

5. What are the main risks of buying a home built in 1905?
Older homes often have outdated electrical, plumbing, and insulation, plus possible lead paint or asbestos. The foundation may need attention. A thorough inspection is essential. On the plus side, older construction often uses high-quality lumber, but the trade-off is the need for significant systems updates.

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