Property Overview: 270 Southbridge Drive, Winnipeg
Key Characteristics & Appeal
This well-situated home in Niakwa Place presents a compelling blend of space, modernity, and value. Built in 2004, it is a notably newer construction compared to most homes in its area and across Winnipeg, which suggests updated building standards and potentially lower immediate maintenance needs. With over 2,200 square feet of living space, it offers ample room for families, ranking well above the citywide average. The assessed value of $630,000 positions it as a premium property in the broader market but aligns more moderately within its own desirable street, where values are higher on average.
The appeal lies in this balance. You acquire a spacious, modern home in an established neighbourhood without paying the peak premium for the largest lot on the block. The property sits on a 6,570 sqft lot, which is generous by city standards but smaller than most direct neighbours. This could be a practical advantage for buyers seeking outdoor space without the upkeep of an excessively large yard. It suits buyers looking for a move-in ready, spacious family home in a mature area, who prioritize interior space and modern construction over owning the largest plot on the street. It’s a smart choice for those who see value in a home that stands out for its age and size within the city and neighbourhood, while being a solid, average contender on its own high-calibre street.
Frequently Asked Questions
1. How does the lot size impact value and livability?
While the lot is smaller than most on Southbridge Drive, it is still above the Winnipeg average. This often translates to less yard maintenance while still providing private outdoor space. The value is reflected in its above-average positioning citywide and within Niakwa Place.
2. The home sold recently in 2023. What does that indicate?
The sale within the past two years suggests a motivated seller and a transparent, recent market valuation. It provides a clear benchmark, indicating the property can attract interest in a modern market cycle. The sold price range aligns closely with the current assessed value.
3. Is the assessed value a reliable indicator of the listing price?
Assessed values are for tax purposes and can differ from market value. However, this assessment is closely aligned with the home's recent 2023 sale price, giving a strong, recent foundation for its market worth. It typically serves as a solid baseline.
4. What does it mean that the home is "newer" than almost all in the area?
Built in 2004, this home is among the newest in Niakwa Place. This often implies more contemporary layouts, materials, and systems (like plumbing, wiring, or windows) that may not require near-term upgrades, offering peace of mind and potential savings.
5. Where can I get precise historical data on this property?
The provided sold price is an estimated range. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as they do not display proprietary MLS sold records directly on the platform.