Property Overview: 79 Wisteria Way, Riverbend, Winnipeg
Key Characteristics & Appeal
This home at 79 Wisteria Way stands out as a premium offering within Winnipeg’s Riverbend neighborhood. Its primary appeal lies in its significant size and modern build relative to its surroundings. With 2,221 sqft of living space, it ranks in the top 2% on its street and top 1% in Riverbend, offering substantially more room than area averages. Built in 2008, it is newer than most homes in the city and is the newest comparable home on its street. The property sits on a generous 7,554 sqft lot, providing ample outdoor space that is well above the neighborhood norm.
The home’s assessed value of $580k reflects its elite positioning, placing it in the top 4% on Wisteria Way and top 1% in Riverbend. This isn’t just a larger house; it’s a established, modern home in a mature neighborhood, offering a blend of space and contemporary construction that is rare at this scale locally. It would particularly suit buyers looking for move-in ready space without needing a new subdivision build, or those seeking a long-term family home in a well-regarded area where their property metrics consistently outperform local benchmarks.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold between $550k-$600k in September 2021. Its current assessed value of $580k is significantly higher than the street average of ~$494k, indicating its perceived premium status.
2. Is the lot size a major feature?
Yes. At 7,554 sqft, the lot is about 20% larger than the average on Wisteria Way and over 40% larger than the Riverbend neighborhood average, offering exceptional outdoor space potential.
3. What does it mean that the home is “newer” than most?
Built in 2008, the home likely has more modern building materials, systems, and layout preferences than the Winnipeg citywide average home (built in 1966) or even the Riverbend average (1993). This can mean fewer immediate updates and potentially better energy efficiency.
4. Are the property taxes likely to be high?
Given its assessed value is in the top 10% citywide and top 1% in the neighborhood, the property taxes will be correspondingly higher than for an average Winnipeg home. The exact amount can be calculated using the City of Winnipeg’s mill rate.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for general reference. To obtain the exact, verified sale price and history, you must request a manual lookup via email from the service, as they do not display MLS data directly.