Property Overview: 74 Barker Boulevard, River West Park, Winnipeg

This home presents a compelling opportunity in Winnipeg's River West Park neighborhood. Built in 1974, it offers 1,592 sqft of living space on a generous 8,033 sqft lot. The data suggests a property that stands out for its above-average lot size and assessed value within the broader city context, while offering a comfortable, established family footprint within its immediate area.

Key Characteristics & Appeal

The primary appeal of this home lies in its strong foundational metrics and desirable location. With an assessed value of $532,000, it ranks well above average for Winnipeg and its street, indicating a perception of solid value. The lot size is a significant asset, placing in the top 11% city-wide, offering ample outdoor space that is increasingly rare. While the living area is typical for the street and neighborhood, it is notably above the Winnipeg average, providing good interior space.

This property would suit buyers looking for a established home in a mature neighborhood who prioritize land size over a brand-new build. It’s ideal for those who see value in a home that outperforms city averages on key metrics like lot size and assessed value, suggesting a good long-term investment. The recent sale history shows strong appreciation, making it a consideration for buyers confident in the area's ongoing demand.

A less obvious perspective is that this home, while not the newest on the block, sits in a sweet spot: it’s not the most expensive property on the street, avoiding the premium for the absolute top tier, yet it holds a value and lot size that provide a buffer above the average. It represents a balanced, substantive purchase rather than a speculative one.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value of $532k ranks in the top 14% on Barker Boulevard and top 25% in River West Park, meaning it is considered above average for the area. Recent sale prices also trend in the top percentiles for the street.

2. Is the lot size unusual for Winnipeg?
Yes. The 8,033 sqft lot places the property in the top 11% city-wide for comparable homes, which is a standout feature. It is also above the average for both the neighborhood and the street.

3. What does the sale history indicate?
The home has sold three times since 2016, with each sale price ranking in a higher percentile locally than the last (Top 31% in 2016, Top 16% in 2022, Top 7% in 2023). This indicates strong upward price momentum in recent years.

4. Is the living space smaller than other homes nearby?
The living area (1,592 sqft) is around the average for Barker Boulevard and River West Park. However, it is larger than the average Winnipeg home, which is about 1,342 sqft. It offers a comfortable size typical for the immediate area.

5. How can I verify the exact past sale prices?
The site provides sold price ranges. Due to industry rules, exact MLS figures are not displayed. You can request the full transaction history and exact sold prices via email from the site provider, who will manually look up and send the verified data.