Property Summary: 346 Barker Boulevard, River West Park, Winnipeg
Key Characteristics & Appeal
This 1976 bungalow in River West Park presents a specific value proposition. At 859 sqft, its living space is notably compact, ranking well below averages for its street and neighborhood. Similarly, its lot size of just under 3,400 sqft is significantly smaller than surrounding properties. The assessed value of $329k sits below the local area averages but aligns more closely with the broader Winnipeg median, suggesting you are paying less for the location than for the structure itself.
The primary appeal lies in its efficiency and lower entry cost into a well-established neighborhood. It suits first-time buyers, downsizers, or investors seeking a manageable, low-maintenance property without a large yard to upkeep. A thoughtful perspective is that its smaller scale translates to lower utility costs and less time spent on maintenance, offering a simpler lifestyle. Its newer build year relative to the street is a plus. However, this is not a home for those needing ample indoor or outdoor space; its value is in affordability and practicality within a desirable area.
Frequently Asked Questions
1. Why is the assessed value lower than many neighbors?
The assessed value reflects the property's specific characteristics, primarily its smaller living area and lot size compared to the larger homes typical in River West Park.
2. What are the estimated property taxes?
Based on the 2024 assessed value of $329,000 and the current City of Winnipeg municipal tax rate, you can estimate annual property taxes to be approximately $2,400 - $2,700. Always confirm with an official tax calculation.
3. How does the sold price from 2021 relate to today's value?
The home sold for an estimated $250k-$300k in late 2021. The current assessed value of $329k indicates market appreciation since that sale, consistent with broader trends.
4. Is there potential for expansion or addition?
The smaller lot size may limit possibilities for a large horizontal addition. Any significant expansion would require careful review of setback bylaws and lot coverage rules with the City.
5. Where can I get verified sale history and exact past prices?
The website does not display MLS data. You must request an exact sold price history manually via email through the provided link on the property page.