Property Overview: 59 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 59 Southmoor Road stands out in the Niakwa Place neighbourhood for its generous proportions and prime lot. Built in 1972, the nearly 2,000 sqft living area is notably larger than most comparable homes on its street, in the area, and across Winnipeg. The most distinctive feature is the land: at over 11,500 sqft, the lot size is elite, ranking #1 on Southmoor Road and in the top 4% city-wide. This offers exceptional outdoor space and potential.
The appeal lies in this combination of above-average interior space on a truly standout parcel of land. With an assessed value of $531,000, it positions itself in the higher tier of the local market, suggesting a well-appointed property. It last sold in May 2023 for between $500,000 and $550,000.
This property would best suit buyers looking for room to grow, garden, or entertain outdoors without moving to a rural area. It’s ideal for someone who values space and privacy more than a brand-new build, and who may see the mature lot and established neighbourhood as stable, long-term investments. It’s a home for those prioritizing land size—a rarer commodity in the city—alongside comfortable living space.
Frequently Asked Questions
1. How does the 1972 build year affect the property?
While not a new build, the year is actually newer than most homes on its specific street (ranking in the top 3%). Buyers should plan for a standard inspection common for homes of this era but can be reassured it’s a relatively newer property in its immediate context.
2. Is the assessed value a reliable indicator of the expected sale price?
The assessed value is for municipal tax purposes. The previous 2023 sale price range aligns with it, but market conditions always determine the final price. It’s a strong benchmark indicating the home is valued highly relative to neighbours.
3. What does such a large lot size mean practically?
Beyond ample yard space, it offers significant potential for additions, landscaping projects, or recreational features like a large garden or pool. It also provides a greater sense of privacy and distance from neighbouring houses.
4. How does this home compare to others in Winnipeg?
The data shows it ranks above average or elite in all metrics city-wide, especially for lot and living area. You are getting more physical space—both indoors and out—than the vast majority of Winnipeg homes.
5. How can I verify the exact historical sale price?
The site provides sold price ranges publicly. Due to industry regulations, exact MLS sale figures are not displayed online here. You can request the exact sale history via email through the site’s provided service for fully verified figures.