42 Musgrove Street

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.