Property Overview: 258 Southbridge Drive, Niakwa Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition within the desirable Niakwa Place neighbourhood. Built in 2001, it offers modern construction while being established. With 2,293 sqft of living space and an 8,231 sqft lot, the property provides ample room for family life and outdoor enjoyment. Its appeal lies in its strong positional value: while the home's assessed value ($588k) is modest compared to others on its own street, it ranks well above average for both size and value when compared to the wider Niakwa Place area and the entire city. This suggests you are acquiring a larger, newer home in a premium neighbourhood without the premium price tag often found on its immediate block.
The property would suit practical buyers looking for space and location over sheer luxury. It’s ideal for a growing family seeking a long-term home in a mature, sought-after community. The data also indicates it could appeal to value-conscious buyers who recognize that a slightly lower assessment on a high-value street may offer more reasonable property taxes, while still benefiting from the area's overall prestige and amenities.
Section 2: Frequently Asked Questions
1. Why is the assessed value below average for the street?
The home’s assessed value of $588k ranks in the top 80% on Southbridge Drive (meaning 80% of homes on the street have a higher assessed value). This could be due to a variety of factors, including specific home features, finishes, or lot characteristics compared to neighbouring properties. It's important to review the interior condition and upgrades.
2. How does this home compare to others in Winnipeg overall?
City-wide, this property ranks in the elite top 5% for living area size and the top 10% for lot size. Its assessed value is in the top 9% city-wide. This highlights that it is a substantially larger and newer property than the typical Winnipeg home.
3. Is there recent sales history available for this property?
According to the provided data, no sales history is displayed for this listing. The source notes that exact, verified sales figures can be requested manually from the site via email, as they are not sourced from the MLS.
4. What does the "Year Built" ranking tell me?
Built in 2001, this home is newer than 95% of properties in Niakwa Place and 83% of homes city-wide. This suggests major systems (roof, HVAC) are likely more recent than in many comparable area homes, potentially reducing near-term capital costs.
5. How should I interpret the different rankings for the street, area, and city?
The layered rankings provide context. A home can be average on its own prestigious street (as is the case here for size and age) while being well above average for the neighbourhood and exceptional for the city. This often indicates you are buying into a high-calibre location where the baseline standards are simply much higher.