282 Southbridge Drive

Niakwa Place, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Larger and newer than most nearby homes

1,824 sqft (top 24%) · Built in 2002 (26 yrs newer than avg)

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

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 schools, 2 parks, and 1 place of worship nearby

Living Area

Above average

22% larger than neighborhood avg.

Taon ng Paggawa

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

82.4 is composed by the two sections below.

Property Score

86.4Excellent
Living Area89
1,824 sqftExcellent
Taon ng Paggawa87
2002Excellent
Lupa88
7,091 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

Istatistika ng benta ng komunidad

Niakwa Place

How to read: Share of sales in each ~$50k price band for “niakwa place” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,824 sqft
0255075100
Same streetBottom 8%Same areaTop 24%CitywideTop 16%
Same street · Southbridge Drive
#69 / 75
Bottom 8% · Avg 2,352 sqft
Same area · Niakwa Place
#161 / 685
Top 24% · Avg 1,490 sqft
Citywide · Winnipeg
#31,621 / 194,458
Top 16% · Avg 1,342 sqft

Assessed Value

lampas sa average
599k
0255075100
Same streetBottom 25%Same areaTop 15%CitywideTop 8%
Same street · Southbridge Drive
#56 / 75
Bottom 25% · Avg 697.2k
Same area · Niakwa Place
#104 / 685
Top 15% · Avg 446.8k
Citywide · Winnipeg
#15,560 / 194,458
Top 8% · Avg 390.1k

Taon ng Paggawa

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

Lupa

lampas sa average
7,091 sqft
0255075100
Same streetBottom 27%Same areaTop 33%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

282 Southbridge Drive — 6 amenities found within 500 m, across 3 categories, including 3 education (nearest 282 m), 2 parks (nearest 107 m).

Search radius
🏫Education3
🌳Parks2
Worship1

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%

Kasaysayan ng Benta

Naibenta 4/2019CA$500k–550k
Presyo ng benta

Parehong kalye

Bottom 14%

Parehong lugar

Top 13%

Buong lungsod

Top 14%

Related homes

Mga tampok at karaniwang tanong: 282 Southbridge Drive, Winnipeg

Property Overview: 282 Southbridge Drive, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home presents a compelling value proposition rooted in its context. Built in 2002, it is a notably newer home within its established Niakwa Place neighbourhood, ranking in the top 3% for year built locally. With 1,824 sqft of living space, it offers above-average roominess for both the wider city and the area, though it is on the more modest side for its specific street of larger properties. The assessed value of $599k sits significantly above the Winnipeg average, yet is considered a mid-range value for the desirable Niakwa Place area, suggesting you are paying for location and community amenities.

Its primary appeal lies in this balance: acquiring a relatively modern home in a mature, sought-after neighbourhood without the premium price tag of the largest estates on the block. The lot size is generous by city standards, offering good outdoor space, while remaining manageable. It would suit move-up buyers or families seeking the stability and amenities of Niakwa Place but preferring a newer build with potentially lower immediate maintenance than much older stock. It’s also a sensible option for those who value space and location but see efficiency in a home that is not the largest on its street, where property taxes may be comparatively moderated.

Frequently Asked Questions

1. Is the assessed value an accurate reflection of the likely market price?
The assessed value ($599k) is a strong starting point, but market price is determined by current conditions. Notably, its assessed value ranks in the top 15% for Niakwa Place, indicating it is in a higher-value segment of an already desirable area.

2. How does the size of this home compare to others nearby?
It’s a study in contrasts. The home is above average in size for Winnipeg and the broader Niakwa Place area. However, Southbridge Drive itself features larger homes on average, so this property is one of the more compact on its specific street.

3. What does the sale history indicate?
The property last sold in April 2019 for between $500k-$550k. This historical data shows significant appreciation in assessed value since that time, highlighting market trends in the area.

4. Is the lot size typical for the neighbourhood?
Yes. At just over 7,000 sqft, the lot is slightly above average for the city and is very typical for Niakwa Place, offering a balanced yard space.

5. How can I get the exact historical sale prices instead of a range?
The site provides sold price ranges publicly. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS data directly.