Property Overview: 92 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 92 Southmoor Road presents a compelling opportunity in Winnipeg's Niakwa Place neighbourhood. Its primary appeal lies in offering above-average space both inside and out, compared to local and city-wide benchmarks. With 2,023 square feet of living area, it ranks in the top 15% of homes on its own street and the top 10% city-wide, providing generous interior room. This is complemented by a sizable 7,258 sqft lot, which is larger than approximately 85% of residential lots across Winnipeg.
Built in 1971, the home is slightly newer than many on its street, suggesting potential for more contemporary features or updates compared to immediate neighbours. The assessed value of $473,000 sits above the average for the street, area, and city, indicating a perceived premium based on its characteristics.
This property would suit buyers looking for a well-established neighbourhood home that offers more space than typical—both for living and on the property. It’s ideal for those who value room to grow, garden, or entertain outdoors, and who appreciate a home that stands above average in its peer group for square footage and lot size without being an outlier in age or value.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living space is notably larger than most. It’s bigger than 90% of homes city-wide and 85% of homes on its own street, offering a significant space advantage over an average Winnipeg house.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. However, it consistently ranks above average across all comparison levels, suggesting the property is viewed as a higher-value asset. The last sold price (2021) was in the $500k-$550k range.
3. What does the year built (1971) imply for a buyer?
A home from this era may have undergone updates, but buyers should budget for potential maintenance or modernization of core systems like plumbing, electrical, or windows, which may be nearing the end of their typical lifespan.
4. What are the benefits of such a large lot in this area?
The lot size is in the top 15% city-wide, offering ample outdoor space for recreation, gardening, or future additions like a deck or shed. In a mature neighbourhood, large lots are a finite resource and add to the property’s long-term value and appeal.
5. Where can I get verified historical price data for this property?
The site notes that exact sold price history is not displayed publicly due to industry rules. They offer a manual lookup service; you can request the exact figures by email, and they will provide the data directly without using your email for marketing.