42 Musgrove Street

River West Park, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,384 sqft (top 7%) · Built in 1976

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

Transit 66.0 · 11-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Above average

0 yrs newer 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

87.6 is composed by the two sections below.

Property Score

87.0Excellent
Living Area96
2,384 sqftExcellent
Year Built67
1976Good
Lot Size91
7,688 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

Elite
2,384 sqft
0255075100
Same streetTop 17%Same areaTop 7%CitywideTop 4%
Same street · Musgrove Street
#6 / 35
Top 17% · Avg 2,086 sqft
Same area · River West Park
#33 / 451
Top 7% · Avg 1,678 sqft
Citywide · Winnipeg
#7,590 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
601k
0255075100
Same streetTop 14%Same areaTop 10%CitywideTop 8%
Same street · Musgrove Street
#5 / 35
Top 14% · Avg 544.3k
Same area · River West Park
#44 / 451
Top 10% · Avg 485.6k
Citywide · Winnipeg
#15,245 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 11%Same areaTop 20%CitywideTop 39%

Lot Size

above average
7,688 sqft
0255075100
Same streetBottom 23%Same areaTop 39%CitywideTop 13%

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

42 Musgrove Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 459 m), 4 parks (nearest 367 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

Sold 9/2017CA$550k–600k
Sold price

Same street

Top 50%

Same area

Top 20%

City-wide

Top 10%

Related homes

Highlights & common questions: 42 Musgrove Street, Winnipeg

Property Overview: 42 Musgrove Street, River West Park, Winnipeg

Key Characteristics & Appeal

This home at 42 Musgrove Street presents a compelling proposition centered on above-average space and established value in the River West Park neighborhood. Its primary strength is its generous 2,384 sqft living area, which ranks in the top 7% of the neighborhood and an elite top 4% city-wide, offering significantly more interior space than typical Winnipeg homes. Built in 1976, it is consistent with the area's established character. The assessed value of $601k sits above averages for the street, neighborhood, and city, indicating a recognized premium position.

The appeal lies in its proven scalability—it's a home that offers room to grow within a mature, stable community. While the lot size is slightly below the street average, it remains above the city norm and is typical for the area, prioritizing interior living space over expansive yard. The property suits buyers looking for a move-in-ready, spacious family home in a settled area, who value quantifiable metrics like living area and assessment value over a brand-new build. It’s particularly suited for those who appreciate a home that already performs well above market averages in key categories, suggesting a solid foundation for both living and investment.

Frequently Asked Questions

1. How does this home’s size truly compare to others?
The living area is a standout feature. It is larger than 93% of comparable homes in Winnipeg and 96% of homes in River West Park, offering substantial interior space that is well above the norm.

2. What does the assessed value tell me about this property?
An assessed value of $601k places this home above average at every level—street, neighborhood, and city. This suggests municipal assessment recognizes its relative premium, often reflecting factors like size, condition, and location.

3. Is the lot size a drawback?
The lot is 7,688 sqft, which is slightly below the average for Musgrove Street but is very typical for River West Park and still larger than 87% of lots city-wide. It represents a balanced trade-off, favoring a larger home footprint on a standard, manageable lot.

4. What is the history of sales for this property?
Public records indicate it last sold in September 2017 for a price between $550,000 and $600,000. For fully verified and exact historical transaction figures, a manual lookup through the site is required due to data source regulations.

5. How does this home fit within its immediate surroundings?
The home is consistent with the street's era (1976) but ranks above average in size and value among its direct neighbors. It is not an outlier but a superior-performing property on a street of well-established, similarly aged homes.