Property Overview: 107 Southmoor Road, Winnipeg
Key Characteristics & Appeal
This home at 107 Southmoor Road in Niakwa Place is a standout property defined by its above-average scale and value. Built in 1970, its key appeal lies in offering more space than most—both inside and out. With 1,812 sqft of living area and a 7,439 sqft lot, it ranks consistently in the top 25% for size compared to homes on its street, in the neighbourhood, and across Winnipeg. This suggests a home with ample room for living and potential outdoor enjoyment.
The property’s assessed value of $558,000 further underscores its premium positioning, ranking in the top 9% on its street. This indicates a home that is not only larger but also valued significantly higher than many comparable properties, which often reflects factors like condition, updates, or desirable lot features. The home last sold for an estimated $550k–$600k in late 2021.
This property would suit buyers looking for a well-established home in a mature neighbourhood who prioritize space over a brand-new build. It’s ideal for a growing family needing room to spread out, or for someone who values a generous yard. The numbers suggest it’s a substantial, above-average holding in its area, appealing to those seeking a long-term home with inherent equity and space.
Frequently Asked Questions
1. What does the high assessed value ranking mean?
The assessment ranks in the top 9% on its street, meaning it’s officially valued higher than 91% of nearby comparable homes. This typically reflects the home’s larger size, lot, condition, and improvements relative to others.
2. Is a 1970-built home a concern?
The year built is around the neighbourhood average. While the core structure is mature, the above-average value suggests it has likely been maintained or updated. A thorough inspection is always recommended to understand the condition of major systems like roof, windows, and plumbing.
3. How does the lot size compare?
At over 7,400 sqft, the lot is notably larger than the city-wide average (~6,570 sqft). This offers more private outdoor space, potential for gardening, additions, or recreational features like a large deck or play area.
4. Where can I see the exact past sale price?
The site provides a sold price range. Due to industry rules, exact sale figures are not displayed publicly here. You can request the precise sale history via email through the provided link for a manual lookup.
5. What do the rankings for "Same street," "Same area," and "City-wide" tell me?
They provide context at three levels. The home consistently ranks well across all, but most impressively on its immediate street. This indicates it’s not just a nice house for Winnipeg, but a particularly standout property within its own micro-neighbourhood.