Property Overview: 147 Southmoor Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 147 Southmoor Road in the Niakwa Place neighbourhood presents a practical and value-oriented opportunity. Built in 1971, it is notably newer than many homes on its own street, which can be an advantage for systems and maintenance. With 1,272 sqft of living space, the house is cozier than some direct neighbours but aligns closely with the Winnipeg citywide average, offering a manageable layout.
The lot size of 6,606 sqft is a standout feature citywide, providing above-average outdoor space compared to most Winnipeg properties. The assessed value of $419,000 sits in a middle range—neither the highest nor the lowest in its immediate area, but positioned below the average for the Niakwa Place neighbourhood. This creates a scenario where you may be acquiring a solidly sized lot in a desirable area, with a home that offers potential for updates or simply efficient living without a premium price tag.
Its appeal lies in this balance: a newer-than-street-average home on a generous citywide lot, at an assessed value that suggests room for equity growth in a well-established area. It would suit first-time buyers or downsizers looking for a foothold in a mature neighbourhood without the largest home to maintain. It could also attract value-conscious buyers or investors who see potential in the land value and the manageable structure.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,272 sqft, the living area is below the average for Southmoor Road itself but is very close to the average size of homes across the entire City of Winnipeg. It’s a comfortably sized, manageable footprint.
2. Is the assessed value high for the area?
The $419,000 assessment is actually below the current average for the Niakwa Place neighbourhood ($446,800), suggesting the property may be valued conservatively relative to its location.
3. What is the significance of the lot size?
The 6,606 sqft lot is a key feature. While it’s around average for Niakwa Place, it ranks in the top 20% citywide, meaning it offers more outdoor space than most properties in Winnipeg.
4. The home was last sold in 2021. Can I find out the exact price?
The sold price data provided is from public records, not the MLS, and is shown as a range. For fully verified and exact historical sale figures, you need to request a manual lookup via the website’s email service.
5. How does the 1971 build year affect the property?
Built in 1971, this home is newer than most on its street (ranking in the top 10%) and is slightly newer than the average home in Niakwa Place. This often implies updates in building materials and standards compared to older stock, though a full inspection is always recommended.