263 Southbridge Drive

Niakwa Place, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Larger and newer than most nearby homes

2,383 sqft (top 9%) · Built in 2002 (26 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 schools, and 1 park nearby

Living Area

Above average

60% larger than neighborhood avg.

Year Built

Above average

26 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

84.6 is composed by the two sections below.

Property Score

90.1Excellent
Living Area2,383 sqft96Excellent
Year Built200287Excellent
Lot Size6,591 sqft85Excellent
Neighbourhood Sales Activity48Low

Community Score

76.3Good
Household Income79Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health42Low

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
2,383 sqft
0255075100
Same streetTop 31%Same areaTop 9%CitywideTop 4%
Same street · Southbridge Drive
#23 / 75
Top 31% · Avg 2,352 sqft
Same area · Niakwa Place
#60 / 685
Top 9% · Avg 1,490 sqft
Citywide · Winnipeg
#7,613 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
671k
0255075100
Same streetTop 47%Same areaTop 9%CitywideTop 5%
Same street · Southbridge Drive
#35 / 75
Top 47% · Avg 697.2k
Same area · Niakwa Place
#65 / 685
Top 9% · Avg 446.8k
Citywide · Winnipeg
#9,044 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2002
0255075100
Same streetTop 24%Same areaTop 3%CitywideTop 17%

Lot Size

above average
6,591 sqft
0255075100
Same streetBottom 7%Same areaBottom 48%CitywideTop 21%

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

263 Southbridge Drive — 4 amenities found within 500 m, across 2 categories, including 3 education (nearest 365 m), 1 parks (nearest 209 m).

Search radius
🏫Education3
🌳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 8/2020CA$550k–600k
Sold price

Same street

Bottom 36%

Same area

Top 8%

City-wide

Top 9%

Related homes

Highlights & common questions: 263 Southbridge Drive, Winnipeg

Property Overview

263 Southbridge Drive is a well-proportioned, two-story home in Winnipeg's Niakwa Place neighbourhood. Built in 2002, it offers modern construction within an established area. The home's primary appeal lies in its generous 2,383 sqft of living space, which places it well above the citywide average, providing ample room for family life. With an assessed value of $671,000, it sits in an interesting position: it's competitively priced for its size and modern build within the broader city and Niakwa Place area, though it is a more average offering on its own street of larger, higher-value homes.

The lot size of 6,591 sqft is smaller than most on Southbridge Drive, which translates to less yard maintenance—a potential perk for some—while still being above the city average. This property would best suit buyers looking for a move-in ready, spacious family home from the 2000s, who value interior space over an expansive yard. It’s ideal for professionals or growing families seeking a solid investment in a desirable neighbourhood, without the immediate renovation needs often associated with older homes.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
While its assessed value is above average for Niakwa Place and elite citywide, it ranks around the middle (Top 47%) on Southbridge Drive itself. This suggests you're getting a modern, spacious home on a coveted street, but potentially at a more accessible price point than the largest estates on the block.

2. Is the lot size a disadvantage?
The lot is smaller than most on the street but is still larger than the typical Winnipeg property. This could be an advantage for buyers who prefer a manageable yard with less upkeep, while still having private outdoor space.

3. What does the "Elite" citywide ranking for living area mean?
It means this home's interior square footage is in the top 4% of all residential properties in Winnipeg. For buyers prioritizing spacious interiors, this is a significant asset that offers more room than the vast majority of homes across the city.

4. The home sold in 2020. Can I find out the exact sale price?
The provided data shows a sold price range. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS records directly on the site.

5. What is the likely maintenance outlook for a home built in 2002?
A 24-year-old home is modern enough to avoid the major systemic updates often needed in older homes, but it may be approaching the age where certain components (like the roof, major appliances, or HVAC) could require attention or replacement in the coming years. A thorough inspection is advised.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.