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.