Property Overview
This 1977-built home at 62 Musgrove Street in Winnipeg's River West Park neighborhood presents a solid, mid-century property with nearly 2,000 square feet of living space on a 7,416 sqft lot. Its appeal lies in its balanced positioning: it offers more space than the average Winnipeg home while carrying an assessed value that is sensible for its size and area. The data suggests it's a property that doesn't necessarily lead the pack on its own street but stands out favorably when viewed in the broader context of the city.
Key Characteristics, Appeal & Ideal Buyer
The home's key characteristic is its above-average living area (1,973 sqft) compared to both the neighborhood and city, providing ample space for a family. Its assessed value of $509K is notably above the Winnipeg average but sits just below the average for Musgrove Street itself, hinting at potential value within a desirable local context. The lot size, while smaller than others on the street, is still generous by city standards.
Its appeal is grounded in offering a well-established, spacious family home in a mature neighborhood without the premium price tag of the largest properties on the block. A thoughtful perspective is that this property may suit a buyer who values neighborhood character and space over having the newest or largest home on the street. It represents a pragmatic choice—entering a stable area with homes of consistent age and value, without overextending.
This home would likely suit first-time move-up buyers or downsizers seeking single-level living in a classic Winnipeg neighborhood. It fits those looking for more interior space than a starter home offers, who are comfortable with a late-1970s build, and who appreciate a yard that is manageable yet sizable enough for gardening or recreation.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value ($509K) is around the neighborhood average ($485.6K) but below the average for its specific street ($544.3K). This suggests it is priced accessibly within a potentially higher-value micro-area.
2. Is the living space larger or smaller than typical?
At 1,973 sqft, the living area is above average for both the River West Park neighborhood and the city of Winnipeg, but slightly below the average for Musgrove Street itself.
3. When was it last sold, and for how much?
Public records indicate a sale between April and May of 2017, with a sold price in the range of CA$400,000–$450,000. Exact figures require a manual lookup from the provider.
4. How does the lot size compare?
The 7,416 sqft lot is smaller than most on Musgrove Street but is larger than the average lot across Winnipeg, offering a good balance of yard space without excessive maintenance.
5. What is the surrounding area like in terms of other homes?
The home is on a street with properties primarily built in the mid-1970s. The nearby comparable listings suggest a consistent streetscape of similar vintage, size, and value, indicating a stable, established community.