Property score
83.9
Excellent
Overall 83.9 · Larger and newer than most nearby homes
2,260 sqft (top 12%) · Built in 1995 (19 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: 2 schools, 2 parks, and 1 sports facility nearby
Living Area
Above average
52% larger than neighborhood avg.
Year Built
Above average
19 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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83.9 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
55 Southbridge Drive — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 229 m), 2 parks (nearest 203 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%
55 Southbridge Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Southbridge Drive, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home presents a compelling value proposition within the desirable Niakwa Place neighborhood. Built in 1995, it offers a spacious 2,260 sqft of living area, which stands well above averages for both the neighborhood and the wider city. This size provides ample room for families or those seeking generous living spaces without the premium often attached to newer builds.
The appeal lies in its positioning. While the home is spacious and sits on a solid 6,612 sqft lot, its assessed value of $533k is notably below the street average of ~$697k. This suggests a potential value opportunity on a street of generally higher-valued homes. It suits practical buyers looking for space in an established area, who may see the benefit in a property that offers neighborhood amenities and above-average square footage at a more accessible entry point. It could be ideal for a family not requiring a brand-new home, or for value-conscious buyers willing to potentially update an older home in exchange for a premium location.
A less obvious perspective is the home’s "middle ground" character: it’s newer than most in Winnipeg, yet one of the older homes on its specific street. This might appeal to buyers who want an established, mature property but still within the modern era of home building standards.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
While the exact reasons aren't specified, a lower assessment compared to immediate neighbors can stem from factors like the home's older age on the street, differences in upgrades, or lot size. It’s a key point to investigate, as it may indicate a value opportunity or reflect specific property conditions.
2. How does the living space compare to nearby homes?
The living area is slightly below the street average but ranks in the top 12% for the Niakwa Place neighborhood and top 6% city-wide. This means you get significantly more space than a typical Winnipeg home, though some immediate neighbors may have larger floor plans.
3. Is there any sales history available for this property?
No sales history is publicly displayed on this listing. The site notes that exact historical figures can be requested manually via email, as they are not sourced from the MLS.
4. What does the year built (1995) mean for maintenance?
A 1995 build is newer than most Winnipeg homes. However, being 31 years old, major components like the roof, windows, HVAC, and appliances are likely at or beyond their typical lifespans, so a thorough inspection is advisable to anticipate potential updates.
5. How does the lot size impact the property?
At 6,612 sqft, the lot is smaller than most on Southbridge Drive but is above the city average. It offers a manageable yard space—appealing for those wanting outdoor area without extensive maintenance, but possibly less ideal for those seeking maximum privacy or expansive landscaping.
