146 Southbridge Drive

Niakwa Place, Winnipeg

Property score

85.1

Excellent

Overall 85.1 · Larger and newer than most nearby homes

2,335 sqft (top 10%) · Built in 2005 (29 yrs newer than avg)

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

Transit 52.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Above average

57% larger than neighborhood avg.

Year Built

Above average

29 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

85.1 is composed by the two sections below.

Property Score

91.0Excellent
Living Area96
2,335 sqftExcellent
Year Built87
2005Excellent
Lot Size91
7,915 sqftExcellent
Neighbourhood Sales Activity48
Low

Community Score

76.3Good
Household Income79
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health42
Low

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

Elite
2,335 sqft
0255075100
Same streetTop 36%Same areaTop 10%CitywideTop 4%
Same street · Southbridge Drive
#27 / 75
Top 36% · Avg 2,352 sqft
Same area · Niakwa Place
#68 / 685
Top 10% · Avg 1,490 sqft
Citywide · Winnipeg
#8,676 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
914k
0255075100
Same streetTop 8%Same areaTop 2%CitywideTop 1%
Same street · Southbridge Drive
#6 / 75
Top 8% · Avg 697.2k
Same area · Niakwa Place
#15 / 685
Top 2% · Avg 446.8k
Citywide · Winnipeg
#2,766 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 15%

Lot Size

above average
7,915 sqft
0255075100
Same streetTop 40%Same areaTop 19%CitywideTop 12%

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

146 Southbridge Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 440 m).

Search radius
🌳Parks1

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 11/2022CA$1.05M–1.1M
Sold price

Same street

Top 7%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 146 Southbridge Drive, Winnipeg

Property Overview: 146 Southbridge Drive, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home at 146 Southbridge Drive is a standout property in Winnipeg’s Niakwa Place neighbourhood, distinguished by its modern build, generous proportions, and premium valuation. Built in 2005, it is notably newer than most homes in the area and city-wide, placing it in the top 1-3% for its age locally. With 2,335 sqft of living space, it offers above-average roominess for the neighbourhood and ranks within the top 4% city-wide, appealing to those seeking substantial interior space without an overly massive footprint.

The primary appeal lies in its clear position as a premium, well-maintained property in an established area. Its assessed value of $914,000 ranks in the top 8% on its street and the top 2% in Niakwa Place, reflecting its desirability and quality. The nearly 8,000 sqft lot provides ample outdoor space, ranking above average both locally and across Winnipeg. A recent sale in late 2022 in the $1.05M-$1.1M range further confirms its high-market positioning.

This home would best suit buyers looking for a move-in-ready, modern property in a mature neighbourhood, who value space and a strong investment profile. It’s ideal for professionals or families seeking a established community feel without sacrificing the amenities and condition of a newer build. The data suggests it’s for a buyer who prioritizes long-term value and statistical outperformance relative to peers, rather than just the largest lot or house on the block.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is significantly higher than averages on its street and in Niakwa Place, placing it in the top 2-8%. This indicates it is a premium property within an already desirable area, likely due to its newer construction, size, and condition.

2. Is the lot size typical for the area?
At 7,915 sqft, the lot is slightly below the street average but remains above the average for both Niakwa Place and Winnipeg overall. It offers substantial yard space while being relatively efficient in its layout.

3. What does the 2005 build year mean for a buyer?
A 2005 construction means major components like the roof, windows, HVAC, and electrical systems are likely still in good condition with many years of service life remaining. This can offer significant peace of mind and reduce near-term capital repair budgets compared to older homes in the area.

4. The home sold recently in 2022. What does that indicate?
The relatively recent sale suggests the current condition and updates are well-documented from that transaction. It also provides a clear, modern benchmark for market value, showing strong appreciation from its previous assessed value.

5. Where does this property rank in terms of pure living space?
While its living area is around the average for Southbridge Drive, it ranks in the top 10% within Niakwa Place and the top 4% city-wide. This highlights that the home offers ample interior space compared to the broader market, even if it’s not the absolute largest on its specific block.