Property Overview: 175 Southmoor Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 175 Southmoor Road in Niakwa Place is a well-positioned property that offers solid value and space. Built in 1971, it is notably newer than many homes on its own street, placing it in the top 10% locally for year built—a practical advantage that can suggest updated infrastructure. With 1,514 sqft of living space, it provides roomier accommodation than the average Winnipeg home and sits on a generous 6,707 sqft lot that is above average city-wide.
The primary appeal lies in its strong value proposition. The home’s assessed value of $467k ranks consistently above average—on the street, in the neighbourhood, and across the city—indicating a perceived quality and desirability that outpaces many peers. Its last known sale was between $400k-$450k in early 2017. The combination of a newer build date for the area, a spacious lot, and an above-average assessment creates a compelling profile for a mature, established neighbourhood.
This property would suit buyers looking for a dependable family home in a quiet area, who prioritize interior space and a larger yard over a brand-new build. It’s also a sensible choice for value-conscious buyers who appreciate a home that stands above its local and city-wide comparables in key metrics, offering a balance of investment stability and livability.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value of $467k is above the average for Southmoor Road ($437.8k) and for the wider Niakwa Place area ($446.8k). This suggests the property has features or conditions that are valued more highly than many surrounding homes.
2. Is the lot size typical for the area?
At 6,707 sqft, the lot is close to the average for both the immediate street and Niakwa Place. However, it is considered above average when compared to all lots across Winnipeg, offering more outdoor space than many city properties.
3. When was it last sold, and for how much?
Public records indicate a sale in March 2017, with a sold price in the range of $400,000 to $450,000. Exact figures require a manual lookup from the provider.
4. The home was built in 1971. Is that old for this street?
Actually, no. A 1971 build date makes this home newer than most on Southmoor Road, ranking it in the top 10% on the street for its year of construction. This is a relative strength in an older neighbourhood.
5. Where can I see more detailed comparisons for this property?
The listing service offers a neighbourhood analysis page that maps this home alongside nearby properties, allowing for detailed comparison of year built, living area, assessed value, and lot size.