Property score
87.7
Excellent
Overall 87.7 · Larger and newer than most nearby homes
2,244 sqft (top 14%) · 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
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)
162
489.9k
$333/sqft
1976
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87.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111089
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
47 Musgrove Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 480 m), 4 parks (nearest 394 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 22% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 47 Musgrove Street, River West Park, Winnipeg
Key Characteristics & Appeal
This home at 47 Musgrove Street presents a compelling opportunity in Winnipeg's River West Park neighborhood. Built in 1976, the property stands out for its generous scale, offering 2,244 sqft of living space—significantly above both neighborhood and city averages. This size positions it comfortably within the top tier of homes locally, providing ample room for families or those who value spacious interiors.
The appeal is rooted in its strong, above-average positioning across key metrics. With an assessed value of $587k, it sits in the top 20% on its own street and the top 11% within River West Park, suggesting a premium property for the area. The lot size of nearly 8,400 sqft is also substantial, offering valuable outdoor space that is well above the Winnipeg average. Historically, the home last sold in 2019 for between $550k-$600k, a price point that was in the top 11% city-wide at the time.
This property would best suit buyers looking for an established, spacious home in a mature neighborhood. It’s ideal for those prioritizing interior square footage and a larger lot over a newer build. The data suggests it’s a home for someone seeking a long-term residence with proven value retention and a sense of solidity, rather than a renovation project or a brand-new construction.
Frequently Asked Questions
1. How does this home’s value compare to its immediate neighbors?
The assessed value of $587k ranks 7th highest out of 35 comparable homes on Musgrove Street, placing it in the top 20%. This indicates it is a higher-value property on a street of already above-average homes.
2. Is the living space typical for the area?
No, it’s notably larger. With 2,244 sqft, this home’s living area is in the top 14% for the River West Park neighborhood and the top 6% city-wide for comparable properties, offering more space than most.
3. What can the 2019 sale price tell me?
The prior sale in the $550k-$600k range was in the top 11% of Winnipeg sale prices at the time, confirming a history of commanding a premium. This context is useful for understanding the home’s market position.
4. How does the lot size compare?
The 8,394 sqft lot is above average for Winnipeg (top 10%) and the neighborhood, but is more typical for Musgrove Street itself. It offers substantial outdoor space by city standards.
5. Where can I find verified, exact historical sale prices?
The site notes that exact MLS sold records are not displayed due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up and send the information.
