Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Southmoor Road): Around Average. Ranked #22 out of 80 (Top 28%). The street average for comparable homes is 1,555 sqft.
Neighborhood Level (Niakwa Place): Around Average. Ranked #179 out of 685 (Top 26%). The neighborhood average for comparable homes is 1,490 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #34,273 out of 194,457 (Top 18%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Southmoor Road): Below Average. Ranked #68 out of 80 (Bottom 15%). The street average for comparable homes is 487.0k.
Neighborhood Level (Niakwa Place): Below Average. Ranked #398 out of 685 (Bottom 42%). The neighborhood average for comparable homes is 495.2k.
Citywide Level (Winnipeg): Around Average. Ranked #87,548 out of 194,455 (Top 45%). The citywide average for comparable homes is 435.4k.
Street Level (Southmoor Road): Around Average. Ranked #22 out of 80 (Top 28%). The street average for comparable homes is 1970.
Neighborhood Level (Niakwa Place): Below Average. Ranked #432 out of 685 (Bottom 37%). The neighborhood average for comparable homes is 1976.
Citywide Level (Winnipeg): Around Average. Ranked #93,401 out of 194,457 (Top 48%). The citywide average for comparable homes is 1966.
Street Level (Southmoor Road): Below Average. Ranked #65 out of 80 (Bottom 19%). The street average for comparable homes is 7,148 sqft.
Neighborhood Level (Niakwa Place): Below Average. Ranked #371 out of 685 (Bottom 46%). The neighborhood average for comparable homes is 7,173 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #43,036 out of 194,457 (Top 22%). The citywide average for comparable homes is 6,570 sqft.
Niakwa Place market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
23 Southmoor Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 499 m), 2 education (nearest 440 m), 1 shopping (nearest 414 m).
Crime & safety
Waste collection schedule
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Related homes
Nearby interested homes
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 23 Southmoor Road, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This 1,789 sqft bungalow, built in 1970 on a 6,512 sqft lot, presents a compelling mix of space, value, and location. Its primary appeal lies in its above-average living area, which ranks within the top 26% of homes in the Niakwa Place neighbourhood and top 18% city-wide, offering more interior space than many comparable properties. The home sits in a well-established area with a consistent streetscape, as indicated by its similar age to neighbouring houses.
A thoughtful perspective is its value positioning. With an assessed value of $384,000, it sits below the average for its specific street but aligns more closely with the city-wide average. This suggests the potential for a relative value opportunity within a desirable street, where you get a larger-than-average home for a assessed value that is competitive in the broader market. The lot size, while slightly smaller than others on the block, is still above the Winnipeg average, offering decent outdoor space.
This property would suit buyers looking for a spacious bungalow in a mature neighbourhood without a premium street price tag. It’s ideal for those who prioritize interior square footage over having the largest lot on the block and who see potential in a home that may offer value relative to its immediate neighbours.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $384k is for municipal tax purposes. The last known sold price in 2022 was in the $400k-$450k range. Market conditions, updates to the home, and buyer demand will determine the final sale price.
2. Is the smaller lot size compared to the street average a significant drawback?
While the lot is smaller than others on Southmoor Road, it is still larger than the typical Winnipeg lot. It provides ample yard space for most uses but may be a consideration if you desire extensive landscaping or outdoor structures.
3. What does the 1970 build date mean for maintenance?
Built 56 years ago, this home is of an age where major components like the roof, windows, plumbing, or electrical systems may have been updated or could be nearing the end of their service life. A thorough inspection is recommended to budget for any necessary updates.
4. The home seems spacious for its value. Is there a trade-off?
The data shows you get more house for your money here compared to many peers. The trade-off appears to be primarily the lot size relative to the street. There may also be original features that require modernization, which is common for homes of this era.
5. How can I verify the exact past sale prices?
The website provides sold price ranges based on public data. To obtain exact historical sale figures, you must request a manual lookup via email from the site provider, as they do not display full MLS transaction records.