Property Overview: 31 Southmoor Road, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 31 Southmoor Road is a well-established property in the Niakwa Place neighbourhood. Built in 1970, it sits on a 6,598 sqft lot, which is notably above average in size compared to lots across Winnipeg. The living area of 1,223 sqft is modest, especially relative to other homes on Southmoor Road itself, but is quite typical for the city overall. With an assessed value of $389k, it presents a value-oriented entry point into the area, priced below the street and neighbourhood averages.
The primary appeal lies in its balance of a generous city-sized lot with a manageable, efficient home footprint. This combination is ideal for buyers seeking outdoor space for gardening, recreation, or future expansion without the upkeep of a very large house. It suits first-time homeowners, downsizers looking for a single-level layout (common in homes of this era), or practical investors. A thoughtful perspective is that while the home is smaller than its immediate neighbours, its lot size offers a relative rarity and long-term flexibility that isn't reflected in the current assessment, potentially offering value not found in newer, denser subdivisions.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home in this area with a similar assessed value sold between $350k and $400k in December 2023. Exact sale prices require a manual lookup.
2. Is the house smaller than others on the street?
Yes. The living area is below the street average. This often means a more efficient layout and lower utility costs, but it’s important to assess if the space meets your needs.
3. What does the lot size ranking mean for me?
Ranking in the top 21% city-wide for land area means you get more private outdoor space than most properties in Winnipeg. This is a key asset for privacy, outdoor activities, or potential future projects like a shed or deck.
4. The home was built in 1970. What should I consider?
Homes of this age may have original components, like windows or roofing, that are nearing the end of their service life. A thorough inspection is advised to budget for any updates, though the core structure is likely well-seasoned and solid.
5. How can I get precise historical sale data for this property?
The displayed sold price is an estimated range from public records. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which they provide via email.