46 Musgrove Street

River West Park, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,246 sqft (top 13%) · 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: 2 schools, and 5 parks nearby

Living Area

Above average

34% 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
2,246 sqftExcellent
Year Built67
1976Good
Lot Size91
7,689 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
2,246 sqft
0255075100
Same streetTop 29%Same areaTop 13%CitywideTop 6%
Same street · Musgrove Street
#10 / 35
Top 29% · Avg 2,086 sqft
Same area · River West Park
#59 / 451
Top 13% · Avg 1,678 sqft
Citywide · Winnipeg
#11,253 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
525k
0255075100
Same streetBottom 46%Same areaTop 28%CitywideTop 16%
Same street · Musgrove Street
#19 / 35
Bottom 46% · Avg 544.3k
Same area · River West Park
#127 / 451
Top 28% · Avg 485.6k
Citywide · Winnipeg
#31,120 / 194,458
Top 16% · Avg 390.1k

Year Built

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

Lot Size

above average
7,689 sqft
0255075100
Same streetBottom 26%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

46 Musgrove Street — 7 amenities found within 500 m, across 2 categories, including 2 education (nearest 472 m), 5 parks (nearest 351 m).

Search radius
🏫Education2
🌳Parks5

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

46 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: 46 Musgrove Street, Winnipeg

Property Overview & Key Characteristics

46 Musgrove Street is a well-established two-storey home in Winnipeg's River West Park neighbourhood, built in 1976. Its primary appeal lies in its generous proportions and established setting. The home sits on a large 7,689 sqft lot, which is notably spacious compared to most in the city (ranking in the top 13% for Winnipeg). The 2,246 sqft living area is also well above average, offering ample room for a growing family or those who value space.

The property’s strengths are its size and established neighbourhood character, rather than recent updates, as the basement is noted as not being renovated. It features an attached garage and no pool. The home would best suit buyers looking for a solid, spacious property in a mature area, who are perhaps prepared to take on cosmetic updates or a basement renovation to tailor the space to their tastes. It’s a practical choice for those prioritizing square footage and lot size over a move-in-ready, modernized finish.

Frequently Asked Questions

1. How does the property’s value compare to the neighbourhood?
The home’s assessed value is competitive, ranking near the middle for its street but in the top 26% for the broader River West Park neighbourhood, suggesting it is viewed as a solid property within the area.

2. Is the lot size a significant feature?
Yes. The lot is over 7,600 sqft, which is significantly larger than the Winnipeg average. This offers excellent potential for outdoor living, gardening, and future expansion, and is a key differentiator from many newer properties.

3. What should I know about the “not renovated” basement?
This indicates the basement remains in its original or older condition. While it provides the space, a buyer should budget for potential updates, moisture-proofing, or finishing to fully utilize it, viewing it as a blank canvas rather than a finished asset.

4. How does the age of the home factor in?
Built in 1976, the home is older than most on its specific street but is generally newer than many in Winnipeg. Buyers should anticipate maintenance consistent with a 50-year-old property, such as potential updates to windows, roof, or major systems, while benefiting from an established, tree-lined streetscape.

5. Are the nearby comparison properties similar?
The listed nearby properties vary greatly in size, value, and neighbourhood. This highlights that 46 Musgrove Street offers a unique combination of above-average living space and lot size for its assessed value range, making direct comparisons less straightforward.