43 Musgrove Street

River West Park, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Larger and newer than most nearby homes

2,080 sqft (top 23%) · 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

24% 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

87.0 is composed by the two sections below.

Property Score

86.1Excellent
Living Area94
2,080 sqftExcellent
Year Built67
1976Good
Lot Size93
8,394 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
2,080 sqft
0255075100
Same streetBottom 40%Same areaTop 23%CitywideTop 9%
Same street · Musgrove Street
#21 / 35
Bottom 40% · Avg 2,086 sqft
Same area · River West Park
#102 / 451
Top 23% · Avg 1,678 sqft
Citywide · Winnipeg
#17,406 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
558k
0255075100
Same streetTop 37%Same areaTop 18%CitywideTop 12%
Same street · Musgrove Street
#13 / 35
Top 37% · Avg 544.3k
Same area · River West Park
#79 / 451
Top 18% · Avg 485.6k
Citywide · Winnipeg
#22,837 / 194,458
Top 12% · Avg 390.1k

Year Built

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

Lot Size

above average
8,394 sqft
0255075100
Same streetTop 34%Same areaTop 23%CitywideTop 10%

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

43 Musgrove Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 498 m), 4 parks (nearest 398 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 7/2023CA$550k–600k
Sold price

Same street

Top 40%

Same area

Top 20%

City-wide

Top 10%

Related homes

Highlights & common questions: 43 Musgrove Street, Winnipeg

Property Overview & Key Characteristics

This 1976 home at 43 Musgrove Street in River West Park offers a well-established, above-average footprint in a mature Winnipeg neighborhood. With 2,080 square feet of living space on an 8,394 square foot lot, its size is notably larger than both the neighborhood and city averages, providing ample room for family living, hobbies, or future expansion. The assessed value of $558k reflects its standing as a solid, above-average property within its area.

The appeal lies in its proven stability and space. It’s not the newest or most extravagant home on the street, but it represents a substantial and comfortable offering that outperforms most comparable homes across Winnipeg for living and land area. The data suggests a property that has held its value well, situated on a street of similar, well-maintained homes from the same era.

This home would best suit practical buyers looking for established value and space over a brand-new build. It’s ideal for a growing family seeking room both inside and out in a settled neighborhood, or for value-conscious buyers who appreciate a home that already stands above the citywide average in key metrics without a premium price tag. It’s a choice for those who see the merit in a property that is statistically larger and more valuable than most in the city, while being a typical, well-integrated option on its own block.


Frequently Asked Questions

1. How does this home’s size truly compare to others?
While it ranks around the middle for living area on Musgrove Street itself (top 60%), it stands out more broadly. It’s in the top 23% for size within River West Park and the top 9% citywide, meaning it offers significantly more space than the vast majority of Winnipeg homes.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $558k is a municipal valuation for tax purposes. Notably, it is above the neighborhood average. The last sold price range (CA$550k–600k in July 2023) aligns closely with this assessment, suggesting the valuation is current and market-relevant.

3. What does the "Year Built" ranking mean?
Built in 1976, this home is newer than most on its street (top 11%), placing it in the upper tier locally. This could indicate updated infrastructure or building standards for the area compared to immediate neighbors, though interior condition would need verification.

4. How can I get the exact past sale price instead of a range?
The site does not display MLS sold records. You can request the exact sale history and verified figures via email from the provider, who will manually look up and send the information.

5. What is the practical benefit of the larger-than-average lot size?
At 8,394 sq. ft., the lot is in the top 10% citywide. This offers greater potential for outdoor living, gardening, adding a deck or shed, and provides a greater sense of privacy and space than is typical for Winnipeg, which is a significant long-term advantage.