Property Overview: 59 Southbridge Drive, Niakwa Place, Winnipeg
Key Characteristics & Appeal
This home at 59 Southbridge Drive is a well-established property in the Niakwa Place neighbourhood, built in 1994. Its primary appeal lies in offering above-average space for the money within a desirable area. With 2,211 sqft of living area, the home is significantly larger than the average Winnipeg house and sits comfortably above the norm for its immediate area. The assessed value of $572k, however, is notably below the average for its own street, suggesting a potential value proposition for a buyer seeking more square footage in this location without the premium price tag of some neighbouring homes.
The lot size of 6,568 sqft is modest for the street but is typical for Niakwa Place and above the city-wide average. This creates a balanced setting: manageable outdoor maintenance without sacrificing private yard space. The data paints a picture of a home that represents solid value within the broader city and Niakwa Place context, while standing out as a more affordable, slightly older option on its own block of larger, newer, and higher-valued properties.
This property would suit practical buyers looking for a spacious family home in a mature neighbourhood. It’s ideal for those who prioritize interior space over having the largest lot on the block and who see the value in a home that is well-maintained but may benefit from personal updates. It could also appeal to value-conscious buyers aiming for a strong neighbourhood who are comfortable with a home that is a generation old.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data indicates it likely is. While the home offers substantial living space, its assessed value is in the lower tier (Top 89%) on Southbridge Drive, where average values are around $697k. This suggests you may get more house for your dollar here compared to immediate neighbours.
2. How does the lot size compare?
The lot is smaller than most on Southbridge Drive but is very close to the city-wide average and typical for the Niakwa Place area. It offers a standard urban yard—sufficient for gardening, play, or entertaining without the upkeep of an exceptionally large property.
3. What does the year built (1994) mean for a buyer?
Built 32 years ago, this home is newer than most in Winnipeg but slightly older than the average on its street. Buyers can expect the building standards and layout of the 1990s, which often means well-proportioned rooms and established infrastructure that may be due for scheduled updates (like roofing, windows, or major appliances) rather than urgent, aged-system replacements.
4. How reliable is the sold price data shown?
The listed sold price range from 2020 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup via email from the site provider, as industry rules prevent the display of official MLS records here.
5. The home ranks highly city-wide but lower on its own street. What does this mean?
This highlights the premium nature of Southbridge Drive itself. The home is objectively spacious and valuable compared to the entire city, but its street is composed of even larger, newer, and higher-value properties. This dynamic can offer an entry point into a coveted block while still providing a home that stands out positively in the wider market.