Property Summary: 365 Southall Drive, Winnipeg
Key Characteristics & Appeal
This home at 365 Southall Drive in Margaret Park is a classic, mid-60s bungalow presenting a practical and grounded opportunity. Its key appeal lies in its balance of a generous, above-average lot size for the neighbourhood with a modestly-sized, efficient living footprint. While the house itself is slightly below average in size for its immediate street, it sits on a land parcel that ranks well within the broader area, offering valuable outdoor space or future potential relative to many nearby properties.
The assessed value is positioned around the city-wide average, suggesting a stable and fair market entry point. This combination suits first-time buyers or practical downsizers looking for a manageable home without sacrificing yard space in an established neighbourhood. It’s a property for those who value a classic layout and see potential in the land itself, rather than seeking a large or recently renovated interior. The data indicates a home that is unassuming in its specs but offers a solid foundation in a mature community.
Frequently Asked Questions
1. Is the living space too small?
At 1,024 sqft, the living area is below the average for Southall Drive itself but is close to the average for the wider Margaret Park area. It represents a compact, efficient layout typical of its era, suitable for individuals, couples, or small families.
2. How does the lot size compare?
This is a standout feature. The lot of nearly 6,000 sqft ranks above average within Margaret Park, meaning you likely get more private outdoor space than many homes in the area, which is a significant plus for gardening, play, or expansion.
3. What does the assessed value tell me?
The assessed value of $32,700 is around the middle range for the city. It’s a baseline for municipal taxation, not market value, but indicates the home is not in an ultra-high or ultra-low valuation bracket, which can suggest stability.
4. Why is there no public sold price history?
Detailed sale price history is not always part of public records. The listing service offers to provide this information manually via email to ensure accuracy and privacy for past transactions.
5. What are the implications of the 1966 build year?
Built 60 years ago, the home is of average age for Winnipeg. Buyers should budget for updates consistent with this vintage, such as windows, roof, or mechanical systems, while appreciating the character and established neighbourhood that comes with an older home.