Property score
84.2
Excellent
Overall 84.2 · Larger and newer than most nearby homes
2,048 sqft (top 17%) · Built in 2003 (27 yrs newer than avg)
Located in a above-average income area with median household income of ~86k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 schools, 1 park, and 1 place of worship nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Above average
27 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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84.2 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
274 Southbridge Drive — 5 amenities found within 500 m, across 3 categories, including 3 education (nearest 321 m), 1 parks (nearest 145 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 | Bottom 7% | Top 15% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Southbridge Drive, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 274 Southbridge Drive is a well-positioned property in Winnipeg's Niakwa Place neighbourhood. Built in 2003, it is a notably newer construction compared to most homes in the area, ranking in the top 2% for its year built locally. With 2,048 sqft of living space, it offers above-average roominess for both the city and the neighbourhood, though it is slightly more modest than some larger homes on its own street.
The property’s appeal lies in its balanced offering. It sits on a 7,040 sqft lot, which is spacious by city-wide standards but provides a more manageable yard size within its immediate area. The assessed value of $614,000 positions it as a premium property city-wide and in Niakwa Place, yet it presents a relative value opportunity on Southbridge Drive itself, where average values are higher. This creates an interesting dynamic: you're acquiring a modern home in an established, desirable neighbourhood, potentially without the peak price tag of its direct neighbours.
This home would suit buyers looking for a move-in ready, modern property without needing a major renovation. It’s ideal for those who value space and a newer build but may prefer a yard that doesn’t require excessive upkeep. It could appeal to both growing families and professionals seeking a established community with above-average amenities and convenience.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for Southbridge Drive, where comparable homes average about $697,200. This suggests it may offer relative value within a sought-after enclave of the neighbourhood.
2. Is the house considered large for Winnipeg?
Yes. With 2,048 sqft of living area, it ranks in the top 10% of homes city-wide by size, placing it well above the Winnipeg average of approximately 1,342 sqft.
3. What does the "Elite" ranking for Year Built in Niakwa Place mean?
Ranking in the top 2% for year built locally means this 2003-built home is significantly newer than almost all other homes in Niakwa Place, where the average comparable home was built around 1976. This typically implies modern construction standards, systems, and likely less immediate need for major updates.
4. How current is the sold price data shown?
The listed sold price from February 2019 is based on publicly available data. For fully verified, exact transaction history and the most recent sale figures, you must request a manual lookup via email, as the site does not display MLS records.
5. The lot size is noted as "below average" for the street. Should I be concerned?
This depends on your priorities. At 7,040 sqft, the lot is still larger than the average Winnipeg lot and is about average for Niakwa Place. It is smaller than the average lot on Southbridge Drive (8,665 sqft), which may mean less backyard maintenance but potentially less privacy or space for large additions compared to some immediate neighbours.
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