Property Overview: 335 Barker Boulevard, Winnipeg
Key Characteristics & Appeal
This home at 335 Barker Boulevard in River West Park is defined by its value proposition and efficient footprint. Its key characteristic is a significantly lower assessed value ($243k) compared to neighbors, placing it in the top 1% of least expensive homes in the immediate area. This is paired with an above-average citywide lot size of nearly 7,000 sqft. The 840 sqft living area is notably compact, ranking it among the smallest homes on the street and in the neighborhood.
The primary appeal lies in securing a land parcel in a well-established area at an accessible entry point. It suits first-time buyers, investors, or downsizers seeking lower property taxes and a manageable space, with the potential to expand the home (subject to permits) or enjoy a generous yard. A thoughtful perspective is that its modest size and value make it a strategic "foot-in-the-door" for a neighborhood where most properties are valued much higher, offering a chance to build equity over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is based on the property's current state, including the size, condition, and features of the home. The significantly lower value primarily reflects the home's much smaller living area compared to others on the street and in River West Park.
2. Is this a good investment property?
The lower entry price and established neighborhood can be attractive for rental investment. However, the compact living area may appeal to a specific tenant demographic, such as students or singles. Due diligence on local rental demand and regulations is advised.
3. What are the possibilities for expanding or renovating the home?
The lot size is generous relative to the home's footprint, suggesting potential for an addition. Any expansion would require checking with the city for zoning bylaws, setback requirements, and obtaining the necessary permits.
4. How reliable is the sold price data shown?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup via the provided email service on the original listing page.
5. How does the year built (1976) compare?
The home is slightly newer than the average on its street and is typical for the neighborhood, indicating it was built during the area's main development period. This suggests common construction materials and styles for the era.