Property Overview: 984 Southwood Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a classic Winnipeg profile with distinct practical advantages. Built in 1952, it sits on a notably generous 6,577 sqft lot, which ranks well above the street and area averages. This is the property's standout feature, offering significant outdoor space and potential. The living area (936 sqft) is modest, ranking below average for the street and city, suggesting a home focused on essentials or one with expansion potential on its sizable lot. Its assessed value of $393k is consistently "around average" at every comparison level, indicating a stable, market-aligned valuation.
The appeal lies in this balance: a competitively priced, average-valued home on a larger-than-average parcel of land. It suits a first-time buyer or downsizer comfortable with a cozier interior footprint who prioritizes yard space for gardening, pets, or future projects. It also appeals to the value-conscious buyer seeking a solid entry into the Point Road neighborhood without a premium price tag, where the land itself represents a tangible long-term asset. A thoughtful perspective is that while the house may be modest, its above-average lot size in a mature neighborhood offers a rarity that new subdivisions often lack.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 936 sqft, the living area is below the average for Southwood Avenue, the Point Road neighborhood, and Winnipeg overall.
2. What is the most significant positive feature of this property?
The land size. At 6,577 sqft, the lot is substantially larger than most on its street and above the neighborhood and city averages, offering more outdoor space and potential.
3. How does the assessed value compare to nearby homes?
The $393k assessment is very typical. It ranks almost exactly in the middle on its own street and is consistently around the average value for the wider area and city.
4. When did it last sell, and for how much?
It sold in May 2019. For precise sold prices, you must request the data via email from the site, as they provide ranges publicly ($300k-$350k for this sale) and exact figures upon request.
5. Is the year built a concern?
Built in 1952, it is older than the average on its street but newer than the average for the Point Road neighborhood. As with any home of this age, the condition of major systems (roof, wiring, plumbing) and any updates would be key considerations.