Property Overview: 427 Barker Boulevard, Winnipeg
Key Characteristics & Buyer Appeal
This 1,368 sqft bungalow, built in 1977, sits on a 5,998 sqft lot in River West Park. Its primary appeal lies in a balanced, above-average position within the broader Winnipeg market. The home is newer than most in its immediate area, ranking in the top 3% on its street for year built, suggesting potentially fewer age-related concerns. With an assessed value of $482k, it sits above the citywide average, indicating solid municipal valuation relative to similar homes across Winnipeg.
The property suits practical buyers looking for a well-situated, move-in-ready home without extreme outliers. It’s not the largest on the block or in the neighborhood, but it offers modern convenience for its area. The lot size is smaller than most neighbors', which could mean less maintenance but also less private outdoor space. A buyer would be acquiring a home that is statistically newer and of higher assessed value than many in the city, but fairly typical for its own community—a sensible choice for those prioritizing a stable, established neighborhood over maximum square footage or yard size.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $450,000 and $500,000 in August 2023. The assessed value is $482,000, which falls within that range, suggesting the assessment is closely aligned with recent market activity.
2. Is the living space considered large for the area?
At 1,368 sqft, the living area is slightly below the neighborhood average but very close to the citywide average. It’s a moderately sized home for Winnipeg, offering a comfortable footprint without being oversized.
3. What does the "newer" year built actually mean for this house?
Built in 1977, it is newer than the vast majority on its street (top 3%) and in River West Park. In practical terms, this could mean updates to major systems like electrical or plumbing are more recent than in neighboring homes from the early 1970s.
4. The lot seems smaller than others nearby. Is that a disadvantage?
The lot is below average for both the street and neighborhood. This translates to less yard to maintain, which some may prefer. However, it also means less potential for expansions like large decks, pools, or additions compared to neighbors.
5. How can I get the exact sold price, not just a range?
The exact sale price is not publicly displayed due to industry data rules. You can request the exact figure by emailing the site directly; they will manually look up and provide the verified transaction history.