398 Barker Boulevard

River West Park, Winnipeg

Property score

64.5

Fair

Overall 64.5 · Smaller but newer than most nearby homes

1,002 sqft (bottom 5%) · Built in 1977 (1 yr newer than avg)

Located in a high-income area with median household income of ~102k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 2 shops, and 4 parks nearby

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 86%French · 2%

Past 10 years River West Park sales snapshot (~80% of all data)

Sold Count

162

Median price

489.9k

$/sqft

$333/sqft

Avg build year

1976

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Property score

64.5 is composed by the two sections below.

Property Score

53.9Fair
Living Area52
1,002 sqftFair
Year Built67
1977Good
Lot Size46
3,993 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

80.3Excellent
Household Income85
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

River West Park

How to read: Share of sales in each ~$50k price band for “river west park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111088

Community deep dive

$102K

Median household income

$109K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

21%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)443
Labour force participation rate51%
Median age54.8
Avg household size2.4
Unemployment rate5%
Population density2331 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households21%
Couple families with children27%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings22%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority6%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
1,002 sqft
0255075100
Same streetBottom 11%Same areaBottom 5%CitywideBottom 26%
Same street · Barker Boulevard
#169 / 190
Bottom 11% · Avg 1,486 sqft
Same area · River West Park
#430 / 451
Bottom 5% · Avg 1,678 sqft
Citywide · Winnipeg
#143,354 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
333k
0255075100
Same streetBottom 23%Same areaBottom 10%CitywideBottom 40%
Same street · Barker Boulevard
#146 / 190
Bottom 23% · Avg 438.5k
Same area · River West Park
#407 / 451
Bottom 10% · Avg 485.6k
Citywide · Winnipeg
#116,519 / 194,458
Bottom 40% · Avg 390.1k

Year Built

Elite
1977
0255075100
Same streetTop 3%Same areaTop 12%CitywideTop 37%

Lot Size

below average
3,993 sqft
0255075100
Same streetBottom 12%Same areaBottom 5%CitywideBottom 25%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

398 Barker Boulevard — 11 amenities found within 500 m, across 6 categories, including 1 education (nearest 95 m), 1 healthcare (nearest 237 m), 2 shopping (nearest 352 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks4
🏦Finance1
Fuel Stations2

Crime & Safety

River West Park · WPS public data · 2025

Annual incidents

25

2025

vs. city avg

-15%

relative to avg

Year-over-year

▲ +4%

vs. prior year

Primary type

Property

68%

Sales History

Sold 12/2020CA$300k–350k
Sold price

Same street

Bottom 26%

Same area

Bottom 14%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 398 Barker Boulevard, Winnipeg

Property Overview: 398 Barker Boulevard, Winnipeg

Key Characteristics & Appeal

This 1,002 sqft bungalow in River West Park, built in 1977, presents a clear value-oriented proposition. Its primary appeal lies in its competitive price point, underscored by an assessed value of $333k, which is notably below the averages for both its street and neighborhood. This creates an accessible entry point into a well-established area. The home is newer than most on its block, ranking in the top 3% for year built on Barker Boulevard, suggesting potentially fewer immediate concerns with aging infrastructure compared to direct neighbors.

The property suits first-time buyers or downsizers seeking a lower-maintenance footprint and who prioritize location and fiscal pragmatism over square footage. It’s a practical choice for those comfortable with a home that is functionally smaller than area norms, offering the chance to build equity in a mature neighborhood without the premium price tag. The lot size is compact, which translates to less outdoor upkeep—a bonus for some, a limitation for others. Its citywide assessed value ranking is around average, indicating it aligns more with broader Winnipeg affordability than with its immediate, higher-value surroundings.


Frequently Asked Questions

1. Why is the assessed value significantly lower than neighbors?
The assessed value reflects factors like the home's smaller living area and lot size compared to others on the street and in River West Park. It’s priced for its specific attributes, not the neighborhood average, which may represent an opportunity.

2. What does the "Elite" ranking for year built mean?
It means this home (1977) is among the newest 3% on its street, where the average build year is 1975. This is a relative advantage on this specific block, possibly indicating newer components like roofing or wiring.

3. How reliable are the sold price ranges shown?
The displayed price ranges (e.g., CA$300k–350k) are based on publicly available data, not MLS records. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.

4. Is the smaller living area a concern for resale?
While below average for the area, the smaller size is already factored into the price. It positions the home for a specific market segment seeking affordability and lower utility/maintenance costs, which remains consistent.

5. How does this home compare city-wide?
City-wide, its living area is below average but its assessed value is around the Winnipeg norm. This highlights that while compact for River West Park, it’s proportionally priced within the broader market, offering a typical Winnipeg value in a neighborhood where most homes are priced higher.