Property Overview: 142 Southbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 142 Southbridge Drive in Niakwa Place presents a compelling blend of space, modernity, and established value. Built in 2003, it is a notably newer home within its immediate area, ranking in the top 2% for year built in Niakwa Place. The property sits on a generous 7,915 sqft lot, offering ample outdoor space that is well above the city-wide average.
The home’s appeal lies in its strong positional value. While its 1,836 sqft living area is more modest compared to other large homes on Southbridge Drive, it is comfortably above average for both the neighbourhood and the entire city. This creates an efficient footprint in a desirable location. The assessed value of $668k underscores this, placing the property in the elite top 5% city-wide and the top 10% within Niakwa Place, indicating a premium valuation for its combination of lot size, age, and location.
This property would ideally suit buyers looking for a modern home in a mature, established neighbourhood without the maintenance concerns of an older property. It appeals to those who value a large private yard and seek a home with a strong, demonstrable value foundation city-wide. It’s a solid choice for someone prioritizing lot size and newer construction over having the absolute largest house on the block.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
While the living space is above average for both Niakwa Place and Winnipeg overall, it is actually below average for Southbridge Drive itself, which consists of many very large homes. This suggests a street of substantial properties, with this home offering a more manageable size within that prestigious context.
2. What does the "Elite" assessed value ranking mean?
An assessed value in the top 5% city-wide ("Elite") means this property is valued higher than approximately 95% of homes in Winnipeg. This reflects a combination of its large lot, newer age, and desirable location in Niakwa Place, as determined by municipal assessment.
3. When was it last sold and for how much?
Public records indicate it was sold in September 2021. The exact sale price is not publicly displayed, but the data suggests it sold within the range of $650,000 to $700,000.
4. Is the lot size a significant feature?
Yes. At nearly 8,000 sqft, the lot is significantly larger than the average Winnipeg lot (approx. 6,570 sqft). This provides considerable outdoor space for gardening, recreation, or future additions, which is a key asset in an established neighbourhood.
5. How can I verify the exact historical sale prices?
The site notes that due to industry rules, exact MLS sale records are not displayed online. You can request the exact sold price history by emailing the site directly for a manual lookup, which they provide as a free service.