Property Overview: 43 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 43 Southmoor Road is defined by its generous space, both inside and out. With 1,791 square feet of living area, it offers significantly more interior space than most comparable homes in Niakwa Place, on its street, and across Winnipeg. The lot size of 6,762 square feet is also comfortably above the city-wide average, providing ample outdoor space. Built in 1969, the home is older than many in its immediate neighbourhood, which may suggest a classic layout and potential for updates, but it aligns with the typical age of homes across Winnipeg.
The appeal lies in this combination of spaciousness and a established, quiet neighbourhood. The assessed value of $412k is notably lower than the area average, which could represent a value opportunity for a home of this size. It would suit buyers looking for room to grow without a premium price tag, and who are comfortable with a home from this era. A thoughtful buyer might see the older build date not just as a consideration for maintenance, but as a chance to own a character home with larger room proportions and a mature landscape that newer subdivisions often lack.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $412k is used for property tax calculation and is often conservative. It is below the current average assessed value for Niakwa Place ($446.8k), which may indicate room for market value appreciation, but a professional appraisal or market analysis is needed for an accurate listing or offer price.
2. The home is older than many on the street. What should I consider?
While the systems and structure of a 1969 home should be evaluated, its age is typical for Winnipeg overall. This vintage often means larger rooms and a sturdy build, but it’s wise to budget for potential updates to roofing, windows, or mechanical systems, and to invest in a thorough home inspection.
3. What does the above-average living space actually mean for daily life?
At 1,791 sq ft, this home offers about 300 more square feet than the Niakwa Place average. This extra space could translate to a larger primary bedroom, additional storage, a more spacious family room, or dedicated areas for a home office or hobbies, providing tangible comfort over similarly priced homes with less room.
4. The last recorded sale was in 2019. Why is there no exact sold price shown?
Due to industry regulations, exact MLS sale prices cannot be published on public websites. The data shown is gathered from public sources and is presented in a range. For verified, exact historical sale figures, you must request them directly from the site via email, which they provide as a manual service.
5. Is the lot size a major advantage?
The lot is above the city-wide average, which is a solid benefit for privacy, gardening, or outdoor recreation. On Southmoor Road itself, the lot is close to the street average, meaning it fits the neighbourhood norm—you’re getting a typical-sized yard for the area, but one that is still generous by broader city standards.