Property Overview: 123 Southmoor Road, Winnipeg
Key Characteristics & Appeal
This home at 123 Southmoor Road in Niakwa Place is a well-situated property that represents a solid, middle-of-the-market opportunity. Built in 1970, its 1,504 sqft of living space and 6,714 sqft lot are consistently ranked as average to above-average when compared to its immediate street, the wider Niakwa Place area, and the city as a whole. Its assessed value of $420K follows a similar pattern, positioning it as a typical offering for the neighbourhood rather than an outlier.
The appeal here is one of stability and established value. The home doesn’t lead in any single category but performs reliably across the board, suggesting a property that is in step with its community. A thoughtful perspective is that its city-wide rankings are often stronger than its hyper-local ones; for instance, the living space is above the city average, and the lot size lands in the top 19% city-wide. This indicates you’re getting a proportionally larger property footprint compared to much of Winnipeg, within a mature neighbourhood. It would suit pragmatic buyers—perhaps growing families or downsizers—who prioritize a known quantity in a settled area over a fixer-upper project or a brand-new build. It’s for those seeking a comfortable home in a convenient location without the premium or uncertainty of a top-tier listing.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, a nearby home sold in July 2022 for between $400K and $450K. The current assessed value of $420K for 123 Southmoor Road falls within that range, suggesting it is priced consistently with the recent market activity on Southmoor Road.
2. Is the lot size a good feature for this home?
Yes. While the lot is around the average size for Niakwa Place, it ranks in the top 19% when compared to all properties across Winnipeg. This means you are getting a larger-than-typical yard for the city, which is a valuable asset.
3. What does the "above average" year built ranking on the street mean?
On Southmoor Road specifically, this home (built in 1970) is newer than many of its direct neighbours, ranking in the top 28%. This can be a positive indicator of potentially newer infrastructure or updates compared to other houses on the block.
4. Where can I see more detailed comparisons with neighbouring properties?
You can use the provided neighbourhood analysis page to view this property on a map and compare details like year built, living area, and lot size directly against nearby homes for a clearer visual context.
5. How can I get the exact historical sold prices for this property?
The displayed sold price data is presented in a range for privacy. To obtain fully verified and exact transaction figures, you can request a manual lookup by email. The service provider will send the information directly to you.