Property Overview: 171 Barker Boulevard, Winnipeg
Key Characteristics & Appeal
This 1,416 sqft bungalow, built in 1975, presents a solid, middle-of-the-road offering in Winnipeg's River West Park neighborhood. Its primary appeal lies in its balance and stability rather than standout extremes. The home sits on a 5,893 sqft lot, which is notably smaller than most in its immediate area but is close to the citywide average, potentially offering a more manageable yard with less maintenance. With an assessed value of $447,000, it holds an above-average position citywide but sits comfortably within the typical range for its street and neighborhood.
This property would suit pragmatic buyers looking for a established home in a mature community without the premium price tag of a larger lot or a recently built home. It’s a sensible choice for first-time buyers or downsizers who prioritize a standard living space and value a location where the home’s assessment is well-supported by the surrounding area. A thoughtful perspective is that its "average" metrics across the board suggest lower risk and predictable costs, which can be a significant advantage in an uncertain market.
Frequently Asked Questions
1. How does the lot size compare, and what does it mean for me?
The lot is smaller than most in River West Park, ranking in the bottom 15% for the neighborhood. This typically means less outdoor maintenance and lower landscaping costs, but also less private space. Compared to the whole city, however, the lot is around average.
2. Is the assessed value a good indicator of the selling price?
The assessed value of $447k is a municipal valuation for tax purposes. Notably, it ranks higher citywide (top 29%) than within the immediate area. Recent sold price data for the home (fall 2024) fell within the $400k-$450k range, suggesting the assessment is in the right ballpark, but market conditions ultimately determine sale price.
3. What does the "around average" living area signify?
At 1,416 sqft, the home's size is very typical for Barker Boulevard and River West Park. It indicates a standard family-sized layout common for 1970s bungalows, unlikely to feel cramped or excessively large compared to neighbors.
4. How can I get the exact historical sold prices for this home?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sale figures are not displayed online. You must request them via email from the site provider, who will manually send you the verified history.
5. The home sold recently in 2024 and before that in 2022. Is this a concern?
Two sales in a short period can happen for many personal reasons (relocation, life changes) and isn't inherently a red flag. It does provide recent, comparable market data points, which is useful for establishing current value. Reviewing the detailed price history upon request is advisable for full context.