Property Summary: 155 Wisteria Way, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,636 sqft home, built in 2006, presents a compelling balance in Winnipeg’s Riverbend neighborhood. Its primary appeal lies in its strong positional value within the broader market. While the home is quite typical for Wisteria Way itself—ranking near the street average for size, value, and lot—it stands out significantly within the wider Riverbend area and citywide context. It offers above-average living space and a notably newer construction date compared to most neighborhood and city comparables, all on a manageable 5,606 sqft lot.
The data suggests a property that is well-established and in sync with its immediate street, potentially offering a sense of stability and predictability. It would suit buyers looking for a move-in ready home in a mature, developed area without being the oldest or smallest on the block. The above-average assessed value for the neighborhood indicates a perception of quality or desirability that outpaces the local average, making it a solid contender for someone prioritizing a sound investment in a community where the property holds a competitive edge.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
While it’s average on its own street, it ranks in the top 14% for size and top 8% for assessed value within the entire Riverbend neighborhood. This means you’re getting a home that is newer and more valuable than the vast majority in the community.
2. What might the sold price data from 2017 indicate?
The home sold between $400k-$450k in 2017. Given its current assessed value of $501k, this historical data provides a benchmark for past market value, but should be considered alongside recent market conditions and updates to the property.
3. Is the lot size a disadvantage?
At 5,606 sqft, the lot is slightly smaller than the street average but larger than the neighborhood average. It offers a balance—enough space for private outdoor living without the maintenance demands of a much larger yard.
4. How current and reliable is this sold price information?
The sold price shown is a range based on publicly available data, not from the MLS. For verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. The home is nearly 20 years old. What should I consider?
Built in 2006, the home is newer than most in Winnipeg. However, this age means key components like the roof, HVAC system, and major appliances may be nearing or due for replacement, which should be factored into budgeting.