Property Overview: 108 Southmoor Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 108 Southmoor Road in Niakwa Place presents a solid, mid-century property built in 1970. With 1,344 sqft of living space and a 7,038 sqft lot, its size is comfortably average for the immediate street and neighborhood, but the lot size is notably above average when compared city-wide. The assessed value of $428k aligns closely with local averages, suggesting a market-appropriate valuation.
The appeal lies in its established, stable context. It’s a property that doesn’t stand out for extreme size or value but offers a balanced, predictable footprint in a mature neighborhood. A thoughtful perspective is that its "average" metrics within Niakwa Place could signal lower volatility and less pressure from speculative trends, offering a sense of steadiness. The above-average lot size city-wide also hints at more outdoor space than many Winnipeg homes, providing room for gardens, play, or expansion relative to newer developments.
This home would suit practical buyers looking for a move-in-ready foundation in a settled area—perhaps growing families seeking space or downsizers wanting a manageable home without a condo lifestyle. It’s ideal for those who value neighborhood character over a brand-new build and appreciate a property that represents a known quantity in the market.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $350k-$400k in September 2019. While the current assessed value is $428k, exact recent sale prices for direct comparables require a manual lookup, as this system does not display MLS records.
2. Is the living space considered small for the area?
At 1,344 sqft, it is somewhat below the street average (1,555 sqft) but very close to the city-wide average (1,342 sqft). It offers a functional size that may be more efficient to heat and maintain than larger neighboring homes.
3. What does the "above average" year built ranking mean?
Ranking in the top 28% on its street for year built indicates it is newer than many homes on Southmoor Road. Built in 1970, it may have updates or systems younger than those in pre-1970 houses, though a full inspection is recommended to confirm condition.
4. The lot is noted as above average city-wide. How significant is this?
With a 7,038 sqft lot ranking in the top 17% in Winnipeg, you have more land than roughly 83% of city properties. This is a key asset, offering greater privacy, landscaping potential, or future development options compared to standard lots.
5. How can I get verified, exact historical sale prices?
The site provides sold price ranges for context. For fully verified, exact transaction figures, you must request a manual lookup via email. This is due to industry rules preventing the display of MLS sold data directly on the site.