Property Overview: 338 Barker Boulevard, Winnipeg
Key Characteristics & Buyer Appeal
This home at 338 Barker Boulevard in River West Park is a study in contrasts, defined by its position as a more compact and affordable option within an established neighborhood. Built in 1976, it is newer than many homes on its street and across Winnipeg. Its primary characteristic is its efficient scale: with approximately 1,002 sqft of living area on a 3,396 sqft lot, it is notably smaller than most properties in its immediate area. This directly influences its value, with an assessed value of $316k sitting well below the neighborhood average but aligning more closely with the Winnipeg-wide benchmark.
The appeal lies in its accessibility. It represents a lower price point to enter the River West Park community, which typically features larger, higher-value homes. It suits first-time buyers seeking a manageable footprint without major renovation needs, or investors looking for a rental property in a stable area. A thoughtful perspective is that its smaller size and lot could mean lower utility costs, less maintenance, and a quicker, more affordable update potential compared to larger, dated homes. However, buyers should be comfortable with space that is below the local norm, both indoors and outdoors.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
Based on assessed values, this home is priced significantly below the River West Park average. You are paying a premium for the location within a desirable area, but getting a property with a smaller footprint. It’s a value play for the address, not for square footage.
2. How does the sold price compare to the assessment?
The home sold in March 2025 for an estimated $300k–$350k. This range brackets the $316k assessed value, suggesting the sale was likely close to its official valuation.
3. What are the implications of the smaller lot size?
The lot is less than half the size of the typical lot on Barker Boulevard. This means a smaller yard for gardening or recreation, but also less landscaping upkeep. It may also mean homes are situated closer together.
4. Is the living area suitable for a family?
At 1,002 sqft, the living area is compact. It ranks in the bottom 10% for the street and bottom 5% for the neighborhood. It would likely suit a small family, a couple, or an individual more comfortably than a larger household.
5. How can I get the exact sold price?
The exact sale price is not published publicly on this site due to industry data rules. You can request the exact figure by emailing the site administrators, who will provide a manual lookup.