87 Southbridge Drive

Niakwa Place, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Larger and newer than most nearby homes

2,136 sqft (top 14%) · Built in 2000 (24 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 2 parks nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Above average

24 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

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Property score

84.6 is composed by the two sections below.

Property Score

90.1Excellent
Living Area2,136 sqft94Excellent
Year Built200084Excellent
Lot Size10,274 sqft97Excellent
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

above average
2,136 sqft
0255075100
Same streetBottom 40%Same areaTop 14%CitywideTop 8%
Same street · Southbridge Drive
#45 / 75
Bottom 40% · Avg 2,352 sqft
Same area · Niakwa Place
#95 / 685
Top 14% · Avg 1,490 sqft
Citywide · Winnipeg
#15,071 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
769k
0255075100
Same streetTop 21%Same areaTop 5%CitywideTop 3%
Same street · Southbridge Drive
#16 / 75
Top 21% · Avg 697.2k
Same area · Niakwa Place
#35 / 685
Top 5% · Avg 446.8k
Citywide · Winnipeg
#5,115 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2000
0255075100
Same streetBottom 48%Same areaTop 7%CitywideTop 18%

Lot Size

above average
10,274 sqft
0255075100
Same streetTop 19%Same areaTop 12%CitywideTop 6%

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

87 Southbridge Drive — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 381 m), 2 parks (nearest 291 m).

Search radius
🏫Education2
🌳Parks2

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 7/2017CA$600k–650k
Sold price

Same street

Top 50%

Same area

Top 7%

City-wide

Top 7%

Related homes

Highlights & common questions: 87 Southbridge Drive, Winnipeg

Property Overview: 87 Southbridge Drive, Niakwa Place, Winnipeg

Key Characteristics & Appeal

This home at 87 Southbridge Drive presents a compelling blend of space, modern age, and premium positioning. Built in 2000, it is a notably newer home within its wider area, offering contemporary construction without being the newest on its specific street. Its primary appeal lies in its generous proportions: a 2,136 sqft living area sits comfortably above the city and neighbourhood averages, while the 10,274 sqft lot is substantially larger than most, providing ample outdoor space and privacy.

The property’s assessed value of $769,000 clearly signals its premium standing. It ranks in the top 5% within Niakwa Place and the top 3% city-wide, indicating a high-caliber home for the market. Interestingly, while the house itself is around average in size for Southbridge Drive, its lot size and assessed value are well above the street average, suggesting a premium parcel or superior finishes. This home would ideally suit buyers looking for a well-established, spacious family home in a desirable neighbourhood, who value a large yard and modern amenities, and whose budget aligns with a property in the elite tier of Winnipeg’s housing market.


Frequently Asked Questions

1. How does this home’s value compare to others on the street?
Its assessed value is in the top 21% on Southbridge Drive, meaning it is valued higher than roughly 80% of its immediate neighbours. This suggests it may have features, finishes, or a lot advantage that set it apart.

2. Is the home due for any major age-related updates?
At 26 years old, it is past the typical lifespan of certain original components like the roof, major appliances, or HVAC system. A pre-purchase inspection is highly recommended to assess the condition and timing of any potential updates.

3. What does the sold price history from 2017 indicate?
The home sold for between $600,000 and $650,000 in July 2017. The increase to the current $769,000 assessment reflects market appreciation over seven years, but the exact sale price and reasons for the increase (renovations, market conditions) would require further verification.

4. How does the lot size impact the property?
The lot is over 10,000 sqft, which is significantly larger than average. This not only allows for more private outdoor space but can also influence future potential, such as additions or landscaping projects, subject to local bylaws.

5. Where can I get verified, exact sold price data for this home?
The site notes that due to industry rules, exact MLS sold records are not displayed publicly. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup, which they provide without using your email for marketing.

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