Property Overview: 83 Wisteria Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 2007, presents a balanced offering of space, modernity, and location. Its key appeal lies in its consistent above-average standing within the broader neighborhood and city context, paired with a very typical profile for its own street.
The 1,725 sqft living area is notably larger than both the Riverbend and Winnipeg averages, providing ample room for a family. The lot size of over 7,100 sqft is a significant asset, offering generous outdoor space that ranks well above local norms. With an assessed value just above the street average, the property sits in a stable, established value bracket among its immediate peers.
This home would best suit buyers looking for a move-in-ready property from the 2000s in a mature neighborhood, who prioritize a larger yard without sacrificing interior space. It’s a solid choice for those seeking a home that performs better than most in the wider area, while blending seamlessly on its own block—a profile that suggests stability and avoids standing out as an over-improvement.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value of $497k is very close to the street average (~$494k), placing it in the middle of the pack on Wisteria Way. However, it ranks significantly higher (Top 8%) within the entire Riverbend neighborhood, indicating it holds more value relative to many surrounding homes.
2. Is the lot size unusual for the area?
Yes. The 7,194 sqft lot is above average for both the street and the neighborhood. In Riverbend, it ranks in the top 12%, meaning it offers more private outdoor space than most comparable properties in the area.
3. What does the sale history indicate?
Records show a previous sale between $350k-$400k in July 2019. This range was in the top 35% for the neighborhood and city at that time, suggesting a history of strong value retention. Exact figures require a manual lookup.
4. The home was built in 2007. Is that old or new for this area?
It’s newer than average. The build year ranks in the top 6% for Riverbend, where the average comparable home was built in 1993. This suggests newer construction materials and systems relative to much of the neighborhood inventory.
5. Are the interior dimensions competitive?
The living area is a key strength. At 1,725 sqft, it is larger than approximately 91% of similar homes in Riverbend and 80% of those city-wide, offering more interior space than the vast majority of comparable listings.