278 Southall Drive

Property Overview: 278 Southall Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 278 Southall Drive presents a solid, above-average offering within its established Margaret Park neighbourhood. Its key appeal lies in its strong relative standing on its own street and within the local area, rather than citywide comparisons. The 1,268 sqft living space ranks in the top 12% on Southall Drive, meaning it is notably more spacious than most of its immediate neighbours. Similarly, its assessed value is above average for both the street and the broader Margaret Park area, suggesting a well-maintained or updated property for its vintage, as it was built in 1968.

The property would suit practical buyers looking for a home with proven, stable value in a mature neighbourhood. It’s ideal for someone who prioritizes more interior space over a larger lot, as the land size is average for the area. This isn’t a flashy, top-tier city property, but a competitively positioned home on a street of similar houses, offering a sense of community consistency. A thoughtful perspective is that its above-average rankings locally could indicate a street that is quietly outperforming its postal code, making it a prudent choice for value-conscious buyers seeking a foothold in a stable area.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it consistently ranks above average on its own street and in the Margaret Park area for size, value, and age, meaning it likely offers better-than-typical specs for this specific location.

2. What does the sold price history tell me?
It last sold between $250k-$300k in 2020. This range provides a recent benchmark, but for the exact sale price to inform your offer, you need to request it directly from the listing service via email.

3. Is the lot size a drawback?
At just under 5,500 sqft, the lot is average for the area. It provides standard backyard space for a neighbourhood of this era but may not suit those seeking extensive outdoor room for expansions or pools.

4. What are the implications of the 1968 build date?
Built in 1968, the home is newer than many on its street and in the city overall. This can be an advantage, potentially meaning updates to major systems have already been addressed or that original components have fewer years of wear.

5. Who would this property not suit?
Buyers seeking a standout lot size, a brand-new build, or a home that ranks in the top tier city-wide might find better options elsewhere. This home’s strengths are most apparent when compared directly with its immediate neighbours.