15 Musgrove Street

River West Park, Winnipeg

Property score

85.9

Excellent

Overall 85.9 · Larger than most nearby homes

2,154 sqft (top 18%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~168k

Transit 66.0 · 9-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 92%French · 1%

Past 10 years River West Park sales snapshot (~80% of all data)

Sold Count

162

Median price

489.9k

$/sqft

$333/sqft

Avg build year

1976

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Property score

85.9 is composed by the two sections below.

Property Score

84.3Excellent
Living Area94
2,154 sqftExcellent
Year Built58
1975Fair
Lot Size93
8,957 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

88.4Excellent
Household Income95
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

River West Park

How to read: Share of sales in each ~$50k price band for “river west park” (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: #46111089

Community deep dive

$168K

Median household income

$190K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

7%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)548
Labour force participation rate59%
Median age45.6
Avg household size2.9
Unemployment rate14%
Population density1957 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children47%
Median household income (2020)$168K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$588K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority5%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 91%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

above average
2,154 sqft
0255075100
Same streetTop 46%Same areaTop 18%CitywideTop 7%
Same street · Musgrove Street
#16 / 35
Top 46% · Avg 2,086 sqft
Same area · River West Park
#79 / 451
Top 18% · Avg 1,678 sqft
Citywide · Winnipeg
#14,453 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
505k
0255075100
Same streetBottom 20%Same areaTop 38%CitywideTop 19%
Same street · Musgrove Street
#28 / 35
Bottom 20% · Avg 544.3k
Same area · River West Park
#173 / 451
Top 38% · Avg 485.6k
Citywide · Winnipeg
#36,894 / 194,458
Top 19% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetBottom 43%Same areaBottom 47%CitywideTop 40%

Lot Size

above average
8,957 sqft
0255075100
Same streetTop 14%Same areaTop 19%CitywideTop 9%

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

15 Musgrove Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 406 m), 4 parks (nearest 280 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

River West Park · WPS public data · 2025

Annual incidents

25

2025

vs. city avg

-15%

relative to avg

Year-over-year

▲ +4%

vs. prior year

Primary type

Property

68%

Sales History

15 Musgrove Street: 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: 15 Musgrove Street, Winnipeg

Property Overview: 15 Musgrove Street, River West Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home in River West Park presents a compelling blend of space, land, and value. Its key appeal lies in its generous proportions: at 2,154 sqft, the living area is significantly above the Winnipeg average, offering ample room for a family. The nearly 9,000 sqft lot is a standout feature, providing substantial outdoor space that is larger than most properties on the street and in the city—a rarity that offers potential for gardening, recreation, or future expansion.

The home’s assessed value of $505k sits in an interesting position. It is below the average for Musgrove Street itself, which may indicate a value opportunity within a desirable lane, while still being above the citywide average. Built in 1975, it is typical for the area and represents a period of solid construction.

This property would best suit a buyer looking for a spacious family home on a large lot in a mature neighborhood, who appreciates established communities over newer subdivisions. It’s ideal for someone who values indoor and outdoor space in equal measure and is potentially willing to undertake updates to a late-70s home to tailor it to modern tastes. The data suggests a smart buy for those seeking more house and land for their dollar compared to the broader city market, while anchoring them in a stable, sought-after local area.


Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($505k) is used for calculating property taxes and is an administrative estimate. Market value is determined by what a buyer is willing to pay in the current market, which can be higher or lower.

2. How does the lot size compare to newer neighborhoods?
At 8,957 sqft, this lot is substantially larger than the current average for new builds in Winnipeg. This size of land is increasingly uncommon, offering more privacy and space than most modern subdivisions.

3. The living area is above average, but the assessed value is below average for the street. What might this indicate?
This discrepancy can arise from several factors, including the home’s specific condition, layout, or features compared to neighbors. It suggests that while the core structure and land are valuable, the home may benefit from modernization, presenting an opportunity for a buyer to add value.

4. What does the lack of displayed transaction history mean?
It does not mean the home has never been sold. Due to data source restrictions, detailed sale histories are not automatically published. Full, verified transaction records can be requested directly from the site via email.

5. Are the "similar" and "nearby" properties listed directly comparable?
They provide context, but not direct comparisons. "Nearby" shows geographic proximity, while "similar assessed value" lists homes with a close tax assessment in other areas. For a true comparison of style, age, and neighborhood, focus on the specific "For reference" properties listed, like 46 Musgrove Street or 15 Shier Drive.