Property Overview: 150 Southbridge Drive, Niakwa Place, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Niakwa Place offers a compelling blend of space, modernity, and established value. Built in 2001, it represents a more contemporary option within its neighbourhood and city-wide. The home features 2,136 sqft of living area on a generous 8,744 sqft lot, providing ample room both indoors and out.

Its primary appeal lies in its strong positional value. While the home is fairly typical for its immediate street in terms of size, value, and lot, it stands out significantly in broader comparisons. It ranks in the top 7% of its local area and an elite top 4% city-wide for its assessed value of $710k, indicating a premium property in the wider Winnipeg market. The year of construction is also a standout feature, placing it in the top 5% for newness within Niakwa Place.

This property would best suit buyers looking for a move-in ready, modern home in a mature neighbourhood, who value above-average lot size and seek a property with demonstrated market strength. It’s ideal for those who want space without the maintenance concerns of an older home, and for whom a strong assessed value relative to the broader city is a key consideration.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to nearby sales?
The property last sold in March 2023 for between $700k and $750k. This sale price ranked in the top 3% for the local area and city-wide at that time, indicating a high-value transaction that aligns with its current elite assessment tier.

2. Is the home newer or older than most in the area?
Yes, it is notably newer. Built in 2001, it is newer than approximately 95% of comparable homes in the Niakwa Place area, making it a relatively modern home in an established neighbourhood.

3. What does the "Elite" ranking for assessed value mean?
An "Elite" ranking (top 4% city-wide) means this home’s assessed value is higher than 96% of all comparable residential properties across Winnipeg. This suggests it is considered a premium asset within the broader market, not just its immediate neighbourhood.

4. How much land comes with the property?
The lot is 8,744 sqft. This is above average for both the wider city (top 9%) and the Niakwa Place area (top 15%), offering more outdoor space than most comparable properties.

5. How can I verify the exact historical sold price?
The provided sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup by email via the website, as this system does not include proprietary MLS sales records.