Property Overview: 67 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 67 Southmoor Road presents a compelling opportunity in Winnipeg's Niakwa Place neighbourhood. Its primary appeal lies in offering above-average space both inside and out, providing a tangible sense of value and room to grow. With 2,012 square feet of living area, the house is notably larger than most comparable homes on its street, in the area, and across the city. This is paired with a generous 7,721 sqft lot, offering ample outdoor space that is also well above local and city averages.
Built in 1970, the home is of a typical vintage for the area, suggesting a neighbourhood with mature character and established landscaping. The assessed value of $523,000 positions it above average for the immediate street and wider community, indicating a perceived premium, likely due to its size and lot. A key piece of context is its sale in late 2022 for between $500,000 and $550,000, which aligns closely with its current assessment.
This property would best suit buyers who prioritize interior and exterior space over a newer build. It’s ideal for a growing family seeking a larger home in a settled neighbourhood, or for anyone looking for a property where the land itself represents a significant portion of the value. It also appeals to the practical buyer who appreciates a home that consistently ranks above its peers in key metrics like square footage and lot size, offering a solid foundation for future living or investment.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The home’s 2,012 sqft living area is significantly larger than averages on its street (~1,555 sqft), in Niakwa Place (~1,490 sqft), and across Winnipeg (~1,342 sqft). It ranks in the top 16-18% for space among comparable local properties.
2. What does the assessed value tell us?
The $523,000 assessment is above the average for the street, area, and city. This suggests the property is valued higher than many peers, likely due to its larger living area and lot size. It's noteworthy that this assessment is consistent with its sold price range from September 2022.
3. Is the lot size a standout feature?
Yes. The 7,721 sqft lot is a key asset, ranking in the top 14% on Southmoor Road and the top 22% in Niakwa Place. It offers more outdoor space than most comparable properties, which is a significant and less replaceable feature than interior space.
4. The home was built in 1970. What should I consider?
A home of this age is typical for the neighbourhood. Prospective buyers should factor in the potential for updates to major systems like roofing, plumbing, and windows, and consider a thorough inspection to understand the condition and any modernizations already completed.
5. How can I verify the exact historical sale price?
The public data shows a sale price range of CA$500k–550k for September 2022. For fully verified and exact transaction figures, you must request a manual lookup from the site provider, as they do not display MLS sold records due to industry rules.