149 Southbridge Drive

Niakwa Place, Winnipeg

Property score

84.5

Excellent

Overall 84.5 · Larger and newer than most nearby homes

2,302 sqft (top 11%) · Built in 1996 (20 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: 2 parks nearby

Living Area

Above average

55% larger than neighborhood avg.

Year Built

Above average

20 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

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Property score

84.5 is composed by the two sections below.

Property Score

90.0Excellent
Living Area96
2,302 sqftExcellent
Year Built84
1996Excellent
Lot Size88
7,146 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
2,302 sqft
0255075100
Same streetTop 44%Same areaTop 11%CitywideTop 5%
Same street · Southbridge Drive
#33 / 75
Top 44% · Avg 2,352 sqft
Same area · Niakwa Place
#75 / 685
Top 11% · Avg 1,490 sqft
Citywide · Winnipeg
#9,545 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
567k
0255075100
Same streetBottom 9%Same areaTop 19%CitywideTop 11%
Same street · Southbridge Drive
#68 / 75
Bottom 9% · Avg 697.2k
Same area · Niakwa Place
#133 / 685
Top 19% · Avg 446.8k
Citywide · Winnipeg
#20,879 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
1996
0255075100
Same streetBottom 25%Same areaTop 13%CitywideTop 19%

Lot Size

above average
7,146 sqft
0255075100
Same streetBottom 39%Same areaTop 31%CitywideTop 16%

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

149 Southbridge Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 463 m).

Search radius
🌳Parks2

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 8/2021CA$550k–600k
Sold price

Same street

Bottom 43%

Same area

Top 7%

City-wide

Top 8%

Related homes

Highlights & common questions: 149 Southbridge Drive, Winnipeg

Property Overview: 149 Southbridge Drive, Winnipeg

Key Characteristics & Appeal

This home at 149 Southbridge Drive in Niakwa Place is a property defined by its strong city-wide positioning and comfortable family-scale. Built in 1996, it offers 2,302 sqft of living space on a 7,146 sqft lot. The appeal lies in its above-average size and lot compared to most of Winnipeg, ranking within the top 5% and 16% city-wide, respectively. This creates a sense of value and space that is increasingly rare in broader comparisons.

However, its context within the immediate Southbridge Drive street and the desirable Niakwa Place neighbourhood reveals a more nuanced story. Here, the home's assessed value is notably below the street average, which could signal an opportunity for a buyer in a premium area. It suits practical buyers looking for a well-sized family home in an established neighbourhood, who may see value in a property that is premium compared to the city but more accessible within its own sought-after enclave. It’s a home that offers more space than most in Winnipeg, but with the potential for updates common for its age.

Frequently Asked Questions

1. Why is the assessed value on Southbridge Drive below the street average?
This is not uncommon for a 30-year-old home on a street with many large, newer, or recently renovated properties. It often reflects the home's original condition and market positioning relative to its immediate neighbours, rather than an issue with the property itself.

2. How does the sold price from 2021 relate to today’s value?
The prior sale (CA$550k-600k in 2021) provides a historical benchmark, but market conditions have shifted. The current assessed value of $567k is a municipal valuation for tax purposes; the market value will be determined by current buyer demand, recent comparable sales, and the home's present condition.

3. Is the lot size a pro or a con?
The lot is above average city-wide, offering good outdoor space. On Southbridge Drive, it is around the average, meaning it fits the neighbourhood norm but isn't an exceptionally large parcel on the street. It provides ample yard space without the maintenance demands of the largest lots nearby.

4. What does the "Elite" city-wide ranking for living area mean practically?
It means this home offers more interior space than approximately 95% of homes across Winnipeg. For buyers comparing city-wide options, the square footage is a significant advantage, providing ample room for family living, home offices, or entertainment.

5. How can I get the exact historical sold prices for this home?
The precise sale figures are not displayed publicly on this site due to data licensing. You can request the exact sold price history by emailing the provided contact; they will manually look up the verified records and send them to you directly.