Property Overview
11 Southmoor Road is a well-established home in Winnipeg's Niakwa Place neighbourhood. Built in 1970, it offers 1,317 square feet of living space on a 6,231 square foot lot. With an assessed value of $452,000, it presents a solid, mid-century option in a mature area.
Key Characteristics & Appeal
This home’s primary appeal lies in its strong value proposition within its immediate context. While the living space is slightly below the average for Southmoor Road, its assessed value ranks in the top 30% on the street, suggesting the home may offer good finishes, updates, or a desirable layout for its size. The lot, while smaller than most on its block, is still above the city-wide average, offering a manageable yard with less maintenance.
It would suit practical buyers looking for a established home in a stable neighbourhood without the premium price of a larger lot. It’s a sensible choice for first-time buyers or downsizers who prioritize interior space and value over extensive outdoor space. A thoughtful perspective is that a smaller lot on a street of larger ones can sometimes mean more neighbourly proximity and a greater sense of community, while also potentially reducing property tax and upkeep costs relative to immediate neighbours.
Frequently Asked Questions
1. How does the property’s value compare?
The home’s $452,000 assessment is consistently above average—ranking in the top 30% on its street, in Niakwa Place, and city-wide. This indicates it is viewed as a higher-value property within its peer group.
2. Is the lot size a disadvantage?
While the lot is smaller than most on Southmoor Road, it is still larger than the typical Winnipeg lot. It offers a balance of outdoor space with less demanding upkeep, which could be an advantage for many.
3. What does the sold price history show?
Records show it last sold in July 2021 for between $450,000 and $500,000, which aligns closely with its current assessed value. This suggests stable market value in recent years.
4. How does the living space feel for a family?
At 1,317 sq ft, the living area is modest for the street but near the city average. It would comfortably suit a small family or couple, but those needing ample room for growth may find it compact.
5. Where can I get verified sale history?
The provided sold data is from public sources. For fully verified transaction history and exact sale figures, you must request a manual lookup via email from the site, as MLS records are not displayed here.