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.