Property Overview: 96 Southmoor Road, Niakwa Place, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 96 Southmoor Road presents a solid, mid-century property in the established Niakwa Place neighbourhood. Built in 1969, it offers 1,342 sqft of living space on a generous 6,818 sqft lot. The appeal here is one of consistency and value within a mature community. The home’s assessed value of $442k sits comfortably around the average for the immediate street and area, but ranks above average when viewed across the entire city, suggesting a recognized stability in its valuation.

Its key characteristics—living area, lot size, and value—consistently register as "around average" within its local context. This isn't a standout luxury property or a fixer-upper; it's a well-situated, typical home for the area. The lot size is a particular asset, offering above-average outdoor space citywide. The home’s age (57 years) means it is one of the older homes on its street, which could indicate a need for updates but also speaks to the enduring character of the neighbourhood.

This property would best suit pragmatic buyers looking for a foothold in a stable, established area without extreme premiums. It’s a sensible choice for first-time homeowners who value space and location over a modern build, or for downsizers seeking a manageable property in a quiet community. It appeals to those who see potential in a home that is fundamentally sound and proportionally priced within its peer group.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to similar properties?
The home’s $442k assessment is very close to the average for both Southmoor Road and the wider Niakwa Place area. Interestingly, this value is above the city-wide average for comparable homes, indicating the property holds its value well in the broader Winnipeg market.

2. Is the house outdated given its age?
Built in 1969, it is among the older homes on its street. While this suggests some systems or finishes may be original and due for renewal, it also means the home is from an era known for solid construction and straightforward layouts. A thorough inspection is advised to understand the condition and any needed updates.

3. What are the advantages of the lot size?
At 6,818 sqft, the lot is larger than the average Winnipeg residential lot. This provides ample backyard space for gardening, recreation, or potential additions like a shed or deck, offering a valuable sense of privacy and room to grow that is harder to find in newer subdivisions.

4. What does the sold price history from 2019 tell us?
The home sold for between $350k-$400k in mid-2019. The increase to the current $442k assessed value reflects broader market trends over the past five years. This history shows steady appreciation, consistent with many Winnipeg neighbourhoods in that period.

5. How accurate is this data, and where can I get verified figures?
The data presented is compiled from public sources and is considered reasonably reliable for comparison. However, for fully verified transaction history and exact sold prices, you must request a manual lookup from the site, as they do not have access to MLS sales records. They provide this specific data via email upon request.