Property Overview: 246 Southbridge Drive, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, location, and established value. Built in 1997, it sits on a large, approximately 9,836 sqft lot in the Niakwa Place area. With 2,371 sqft of living area, it offers substantial interior space that ranks well above average for both the neighbourhood and the wider city. The property’s assessed value of $789,000 reflects its premium positioning, placing it in the top tier of homes locally.
The primary appeal lies in its generous proportions and established setting. The lot size is notably larger than most, offering ample outdoor potential. While the home’s age is slightly older than others on its specific street, it is newer than the average home in both Niakwa Place and Winnipeg overall, suggesting a solid foundation without the premium for brand-new construction. This property suits buyers looking for a spacious, well-situated family home in a mature neighbourhood, who prioritize lot size and interior square footage over a brand-new build. It’s ideal for those seeking a property that stands out in its immediate area for scale and whose value is confirmed by its high assessment ranking citywide.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in April 2021 for between $700,000 and $750,000. Its current assessed value of $789,000 is above the street’s average assessment, indicating official valuation growth since that last sale.
2. Is the 1997 build date a concern?
While it is slightly older than the average home on Southbridge Drive, it is notably newer than the typical Winnipeg home. This age often represents a period of reliable construction, and major components like the roof and furnace may be approaching or have recently undergone scheduled replacement.
3. What does the "Elite" ranking for assessed value actually mean?
This means the home’s official assessed value places it in the top 4% of all homes in the Niakwa Place area and the top 2% citywide. It signals a high-value property compared to the broader market, not just its immediate street.
4. The lot is large, but how is the home’s size configured?
At 2,371 sqft, the living area is significantly larger than the city average. The data suggests the home makes efficient use of its sizable lot, offering ample interior space rather than just extensive yard.
5. Where can I see verified historical sale prices?
The exact sold price data is not displayed publicly on the site due to industry rules. You can request the full transaction history and exact figures via email from the listing provider, who will manually look up and send the information.