Property Overview: 275 Barker Boulevard, River West Park, Winnipeg

Key Characteristics & Appeal

This 1975-built home in River West Park presents a compelling case based on its balance of space and value. With 1,486 sqft of living area, the house itself is consistently "around average" in size for its street, neighborhood, and city. Its assessed value of $486k follows a similar pattern, being typical for the immediate area but ranking above average city-wide, suggesting a stable and established location.

The defining and exceptional feature of this property is its land. The lot of 20,625 sqft is categorically "elite," placing it in the top 3% on its street, top 2% in River West Park, and top 1% city-wide when compared to similar homes. This extraordinary lot size is the cornerstone of its appeal, offering rare potential for privacy, expansion, gardening, or outdoor recreation that is increasingly uncommon within the city.

The home would suit practical buyers who see beyond the interior. It’s ideal for someone who values a generous, established lot over a newly renovated interior, or for a household planning a future addition or major renovation where the land is the primary asset. It also appeals to those seeking a stable, mid-century neighborhood character, as the home’s age and size are typical for Barker Boulevard.

Frequently Asked Questions

1. Is the house in need of major updates?
Given it was built in 1975, buyers should budget for updates consistent with a home of that era. The systems, kitchen, and bathrooms may be functional but are likely original or dated, which is reflected in the home being priced for its land and location rather than as a turn-key modern property.

2. What does the "elite" land ranking actually mean for me?
It means you are getting a lot size more than 2.5 times the average for the street. This translates to significant yard space, greater distance from neighbors, and more flexibility for uses like a large garden, play area, shed, or future structures like a garage or workshop, subject to local bylaws.

3. How does the assessed value relate to the likely selling price?
The assessed value ($486k) is for municipal tax purposes. Recent sales history shows it sold for an estimated $400k-$450k in 2019 and $500k-$550k in 2021. The current market price will be influenced by these past trends, current condition, and the premium for the exceptional lot.

4. Are the sold prices shown here the exact figures?
No. The public data shows price ranges. To obtain the exact historical sold prices for this property, you must request them directly via email from the service, as they are not sourced from the MLS system.

5. The living area is average, but the lot is huge. Is that typical here?
On Barker Boulevard, it is uncommon. The data shows the average lot size nearby is about 8,000 sqft, making this property's lot a significant outlier. This suggests the property may have been assembled from multiple original lots or was part of a less-dense subdivision plan, offering a unique opportunity in an otherwise standard-sized street.