Property Overview: 364 Barker Boulevard, Winnipeg
Key Characteristics & Appeal
This 1976 home in River West Park presents a specific value proposition. At 1,008 sqft on a 3,411 sqft lot, its living space and yard are notably more compact than most in its immediate area, where larger lots and homes are the norm. This is reflected in its assessed value of $324k, which sits below the neighborhood average but aligns more closely with the Winnipeg-wide benchmark.
The appeal here is grounded in efficiency and location. It suits a first-time homebuyer, downsizer, or investor seeking entry into a well-established neighborhood without the premium price tag of its larger neighbors. The home is newer than most on its street, suggesting potentially fewer immediate concerns related to aging infrastructure. A thoughtful perspective is that this property offers a lower-maintenance lifestyle—both in terms of physical upkeep of a smaller property and financial outlay—while still providing the stability and amenities of the River West Park community. Its last known sale was between $200k-$250k in late 2019.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
It is priced below the neighborhood average, which is typical for a home of its smaller size and lot dimensions in this area. You are paying a premium for the location, but less than you would for a standard-sized property on the same street.
2. Who would this property suit best?
It's well-suited for buyers who prioritize location over space, such as individuals, couples, or small families looking for a manageable, lower-maintenance home. It could also be a strategic purchase for an investor considering the rental market in a desirable area.
3. How does the lot size impact the property?
The lot is significantly smaller than the area average. This means less outdoor maintenance and yard work, but also limited potential for expansions like large additions, decks, or pools. It's a trade-off between convenience and space.
4. The assessed value seems low for the area. Why?
The assessment is based on the property's specific attributes—primarily its smaller living area and lot size compared to the larger homes that define the neighborhood's averages. It's assessed relative to its physical characteristics, not just its postal code.
5. How can I get the exact historical sale price?
The provided data shows a sale price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history by emailing the site directly for a manual lookup.