Property Overview: 350 Barker Boulevard, River West Park, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct value proposition within the established River West Park neighborhood. Its key characteristic is its position as a more modest and affordable entry point into the area. With a living area of 1,008 sqft and a land area of 3,396 sqft, the property is notably smaller than most on its street and in the neighborhood, where lots and homes are typically larger. This is reflected in its assessed value of $319k, which is below the local averages but aligns more closely with the wider Winnipeg average.
The appeal lies in this affordability and efficiency. It suits first-time buyers or downsizers seeking the stability and amenities of a mature neighborhood like River West Park without the premium price tag of its larger properties. A thoughtful perspective is that a smaller lot and home can mean significantly lower maintenance costs and effort—a practical advantage for those seeking a simpler lifestyle. Additionally, being built in 1976, it is slightly newer than many comparable homes in the city, potentially implying fewer immediate updates related to aging infrastructure. This is a property for a pragmatic buyer who values location and community over square footage, seeing the smaller scale as an opportunity rather than a drawback.
Frequently Asked Questions
1. Why is the assessed value lower than the neighborhood average?
The assessed value is primarily lower due to the home's smaller living area and significantly smaller lot size compared to the typical larger properties in River West Park.
2. What does the sold price history indicate?
Records show it last sold between $200k-$250k in early 2018. This historical data suggests substantial equity growth, though exact figures require a manual lookup through the site's service.
3. How does the smaller lot size impact the property?
It means less yard maintenance, which can be a benefit for those wanting less upkeep. However, it also offers less private outdoor space and potential for expansion compared to neighboring homes.
4. Is this home a good value compared to the rest of Winnipeg?
Its assessed value is around the city-wide average, while offering an address in a neighborhood where most homes are valued higher. This can indicate relative value for the location.
5. How can I verify the exact past sold prices?
Due to data display rules, exact sold prices are not published directly on the site. You can request them via email, and the service will provide manually verified figures.