Property Overview
263 Southbridge Drive is a well-proportioned, two-story home in Winnipeg's Niakwa Place neighbourhood. Built in 2002, it offers modern construction within an established area. The home's primary appeal lies in its generous 2,383 sqft of living space, which places it well above the citywide average, providing ample room for family life. With an assessed value of $671,000, it sits in an interesting position: it's competitively priced for its size and modern build within the broader city and Niakwa Place area, though it is a more average offering on its own street of larger, higher-value homes.
The lot size of 6,591 sqft is smaller than most on Southbridge Drive, which translates to less yard maintenance—a potential perk for some—while still being above the city average. This property would best suit buyers looking for a move-in ready, spacious family home from the 2000s, who value interior space over an expansive yard. It’s ideal for professionals or growing families seeking a solid investment in a desirable neighbourhood, without the immediate renovation needs often associated with older homes.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
While its assessed value is above average for Niakwa Place and elite citywide, it ranks around the middle (Top 47%) on Southbridge Drive itself. This suggests you're getting a modern, spacious home on a coveted street, but potentially at a more accessible price point than the largest estates on the block.
2. Is the lot size a disadvantage?
The lot is smaller than most on the street but is still larger than the typical Winnipeg property. This could be an advantage for buyers who prefer a manageable yard with less upkeep, while still having private outdoor space.
3. What does the "Elite" citywide ranking for living area mean?
It means this home's interior square footage is in the top 4% of all residential properties in Winnipeg. For buyers prioritizing spacious interiors, this is a significant asset that offers more room than the vast majority of homes across the city.
4. The home sold in 2020. Can I find out the exact sale price?
The provided data shows a sold price range. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS records directly on the site.
5. What is the likely maintenance outlook for a home built in 2002?
A 24-year-old home is modern enough to avoid the major systemic updates often needed in older homes, but it may be approaching the age where certain components (like the roof, major appliances, or HVAC) could require attention or replacement in the coming years. A thorough inspection is advised.