Property score
85.1
Excellent
Overall 85.1 · Larger and newer than most nearby homes
2,371 sqft (top 9%) · Built in 1997 (21 yrs newer than avg)
Located in a above-average income area with median household income of ~86k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 1 park nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 73%French · 10%
Past 10 years Niakwa Place sales snapshot (~80% of all data)
228
303.7k
$288/sqft
1976
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85.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111143
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
246 Southbridge Drive — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 340 m), 1 parks (nearest 284 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 4% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
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.
