Property Summary: 174 Southmoor Road, Winnipeg
Key Characteristics & Appeal
This is a 1,040 sqft bungalow built in 1970, situated on a 6,598 sqft lot in the Niakwa Place neighbourhood. Its key appeal lies in its position as a relatively affordable entry point into a well-established area. The assessed value of $366k is notably below the average for Southmoor Road itself, suggesting a value proposition within a desirable street. While the living space is compact compared to immediate neighbours, the lot size is above the Winnipeg citywide average, offering good outdoor potential.
The property would suit first-time buyers or downsizers seeking a lower-maintenance home in a mature neighbourhood without a premium price tag. Its citywide-average lot size and younger-than-street-average build year are less obvious advantages, indicating a manageable yard and a home that may have seen updates over time. It’s a practical choice for those prioritizing location and land over square footage, with the understanding that the interior may require personalization.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. At 1,040 sqft, the living area is well below the average for both Southmoor Road and the wider Niakwa Place area, placing it in the bottom tier for size on its own street.
2. How does the assessed value compare?
The $366k assessment is below the street average but aligns closely with the Winnipeg citywide average. This suggests the property is priced more accessibly than many on its block while being fairly typical for the broader market.
3. What does the lot size mean for me?
At 6,598 sqft, the lot is above the citywide average. This means you likely have more outdoor space than many Winnipeg homes, which could be used for gardening, recreation, or future expansion, despite the lot being slightly smaller than others on Southmoor Road.
4. How old is the home, and what does that imply?
Built in 1970, the home is 56 years old. It is actually newer than many on its street, but around the average age for the city. Buyers should budget for maintenance and updates consistent with a home of this era, while possibly benefiting from improvements made over the decades.
5. Where can I get exact historical sale prices?
The site provides sold price ranges for context. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.