Property Overview: 7 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 7 Southmoor Road is defined by its spacious interior within a well-established Niakwa Place neighbourhood. Built in 1970, its key characteristic is its generous 1,790 sqft of living area, which places it comfortably above average for the street, the wider neighbourhood, and the city as a whole. The assessed value of $448k is consistently above average in its local context, suggesting a solid, recognized worth. While the lot size of 6,378 sqft is slightly smaller than others on Southmoor Road, it remains above the Winnipeg average, offering a manageable yard.
The appeal lies in this combination of ample indoor space and a stable, mature community. It suits buyers looking for a home where the square footage offers more room than many comparable properties, without necessarily requiring extensive land maintenance. The recent sale history indicates active market interest. A thoughtful perspective is that this property represents a "middle ground" in its area—not the largest lot, but offering more interior space than many peers, which could appeal to those prioritizing home size over yard size within a established neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to neighbours?
The lot is 6,378 sqft, which is smaller than the average for Southmoor Road but is still larger than the typical lot across Winnipeg. It offers a decent outdoor space while being relatively manageable to maintain.
2. Is the assessed value in line with recent sale prices?
The current assessed value is $448k. The home sold in August 2023 for a price reported between $500k and $550k, indicating market value at that time was higher than the current assessment, which is based on a prior valuation cycle.
3. What does the "above average" living area ranking mean practically?
With 1,790 sqft, this home offers more interior space than approximately 75% of homes on its street and in Niakwa Place, and more than about 82% of homes city-wide. This is the property's most standout statistical feature.
4. How old is the home, and what might that imply?
Built in 1970, the home is 56 years old. This is typical for the street and area. Buyers should budget for updates consistent with a home of this age and consider a thorough inspection of major systems like roof, plumbing, and electrical.
5. Where can I get verified, exact sold price data for this home?
The public data shows sold price ranges. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.