123 Southmoor Road

Niakwa Place, Winnipeg

Property score

74.3

Good

Overall 74.3 · Compared with neighbourhood average

1,504 sqft (top 36%) · Built in 1970 (6 yrs older than avg)

Located in a above-average income area with median household income of ~86k

Transit 82.0 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 10%

Past 10 years Niakwa Place sales snapshot (~80% of all data)

Sold Count

228

Median price

303.7k

$/sqft

$288/sqft

Avg build year

1976

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Property score

74.3 is composed by the two sections below.

Property Score

72.9Good
Living Area1,504 sqft79Good
Year Built197052Fair
Lot Size6,714 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111143

Community deep dive

$86K

Median household income

$123K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

26%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)1,624
Labour force participation rate50%
Median age54.0
Avg household size2.3
Unemployment rate8%
Population density1353 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children21%
Median household income (2020)$86K

Housing

Renter households42%
Condominium dwellings11%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority15%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,504 sqft
0255075100
Same streetTop 45%Same areaTop 36%CitywideTop 30%
Same street · Southmoor Road
#36 / 80
Top 45% · Avg 1,555 sqft
Same area · Niakwa Place
#247 / 685
Top 36% · Avg 1,490 sqft
Citywide · Winnipeg
#58,653 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
420k
0255075100
Same streetTop 50%Same areaTop 40%CitywideTop 34%
Same street · Southmoor Road
#40 / 80
Top 50% · Avg 437.8k
Same area · Niakwa Place
#273 / 685
Top 40% · Avg 446.8k
Citywide · Winnipeg
#65,813 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 28%Same areaBottom 37%CitywideTop 48%

Lot Size

above average
6,714 sqft
0255075100
Same streetBottom 44%Same areaTop 43%CitywideTop 19%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

123 Southmoor Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 263 m), 1 parks (nearest 400 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

Niakwa Place · WPS public data · 2025

Annual incidents

38

2025

vs. city avg

+29%

relative to avg

Year-over-year

-3%

vs. prior year

Primary type

Property

87%

Sales History

Sold 7/2022CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Top 25%

City-wide

Top 25%

Related homes

Highlights & common questions: 123 Southmoor Road, Winnipeg

Property Overview: 123 Southmoor Road, Winnipeg

Key Characteristics & Appeal

This home at 123 Southmoor Road in Niakwa Place is a well-situated property that represents a solid, middle-of-the-market opportunity. Built in 1970, its 1,504 sqft of living space and 6,714 sqft lot are consistently ranked as average to above-average when compared to its immediate street, the wider Niakwa Place area, and the city as a whole. Its assessed value of $420K follows a similar pattern, positioning it as a typical offering for the neighbourhood rather than an outlier.

The appeal here is one of stability and established value. The home doesn’t lead in any single category but performs reliably across the board, suggesting a property that is in step with its community. A thoughtful perspective is that its city-wide rankings are often stronger than its hyper-local ones; for instance, the living space is above the city average, and the lot size lands in the top 19% city-wide. This indicates you’re getting a proportionally larger property footprint compared to much of Winnipeg, within a mature neighbourhood. It would suit pragmatic buyers—perhaps growing families or downsizers—who prioritize a known quantity in a settled area over a fixer-upper project or a brand-new build. It’s for those seeking a comfortable home in a convenient location without the premium or uncertainty of a top-tier listing.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, a nearby home sold in July 2022 for between $400K and $450K. The current assessed value of $420K for 123 Southmoor Road falls within that range, suggesting it is priced consistently with the recent market activity on Southmoor Road.

2. Is the lot size a good feature for this home?
Yes. While the lot is around the average size for Niakwa Place, it ranks in the top 19% when compared to all properties across Winnipeg. This means you are getting a larger-than-typical yard for the city, which is a valuable asset.

3. What does the "above average" year built ranking on the street mean?
On Southmoor Road specifically, this home (built in 1970) is newer than many of its direct neighbours, ranking in the top 28%. This can be a positive indicator of potentially newer infrastructure or updates compared to other houses on the block.

4. Where can I see more detailed comparisons with neighbouring properties?
You can use the provided neighbourhood analysis page to view this property on a map and compare details like year built, living area, and lot size directly against nearby homes for a clearer visual context.

5. How can I get the exact historical sold prices for this property?
The displayed sold price data is presented in a range for privacy. To obtain fully verified and exact transaction figures, you can request a manual lookup by email. The service provider will send the information directly to you.

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