Property Overview: 238 Barker Boulevard, River West Park, Winnipeg
Key Characteristics & Appeal
This 1976-built home in River West Park offers a practical and efficient footprint. Its primary appeal lies in its well-above-average living space (1,954 sq. ft.), which ranks in the top 12% citywide, providing more room than most Winnipeg homes. With an assessed value of $506k, it sits above average for its street and the city, suggesting a solid level of finish and updates for its era. The home is newer than most on its block and in the city, a subtle advantage for systems and potential renovation needs.
However, the property presents a considered trade-off: the lot size (6,004 sq. ft.) is notably smaller than the neighborhood and street average. This translates to lower outdoor maintenance but less private yard space. Its recent sale history shows steady value appreciation, moving from the middle tier of the market in 2017 to the upper tier in 2023. This home would best suit buyers prioritizing generous interior space over a large yard, who value a move-in-ready home from the 1970s with modern proportions, and who appreciate a property that has demonstrated strong value growth in a mature neighborhood.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than most in River West Park and on Barker Boulevard. This typically means less yard maintenance and gardening, but also less space for expansions, pools, or extensive outdoor recreation. It’s a efficient use of land focused more on the home itself.
2. What do the sold price rankings indicate?
The home sold in the top 20% of its street in 2023, a significant jump from being in the middle tier in 2017. This suggests the property has been upgraded or the market has increasingly valued its specific characteristics, like its larger living area.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value ($506k) is a municipal tax valuation, not a market price. However, it places the home above street and city averages, indicating it is a higher-value property within its peer group. Market conditions and specific home features will determine the final sale price.
4. What does "newer than average" for a 1976 home mean?
On Barker Boulevard, the average comparable home was built in 1975, and in Winnipeg, the average is 1966. While the difference seems small, being newer than the immediate street average can hint at slightly more modern construction standards or materials for the area.
5. How can I verify the exact past sold prices?
The site provides estimated price ranges. Due to industry rules, exact sold prices from the MLS are not displayed publicly here. You can request the exact figures via email from the site provider for a manually verified history.