Property Overview
147 Wisteria Way is a well-situated home in Winnipeg's Riverbend neighborhood, built in 2006. The data presents a picture of a property that stands out more within its immediate community than on its own street, offering a balanced option for a specific buyer.
Key Characteristics & Appeal
This 1,461 sqft home sits on a 5,901 sqft lot and carries an assessed value of $496k. Its primary appeal lies in its strong positioning within the broader Riverbend area. While it is slightly below the average size for homes on Wisteria Way itself, it ranks significantly above the neighborhood average for both living area and assessed value. This suggests you are getting a home that is newer and more valuable than most in Riverbend, but on a street where some properties are larger or more premium.
The home would suit a practical buyer looking for a move-in ready, modern property in a stable neighborhood without paying a premium for the largest home on the block. It’s a smart choice for someone who values being above the area average in quality and value, while accepting that their specific street has a high benchmark. The previous sale price (between $550k-$600k in mid-2022) indicates a history of strong market value relative to its assessment.
Frequently Asked Questions
1. Is this home a good value for the Riverbend area?
Yes. The assessed value ranks in the top 9% for the neighborhood, meaning it is considered more valuable than 91% of comparable homes in Riverbend. This indicates it's a above-average property for the area.
2. How does it compare to other homes on Wisteria Way?
On its own street, the home is more average. Its living area is slightly below the street's average, while its assessed value and year built are very close to street norms. This means you're buying into a desirable street, but not necessarily the largest home on it.
3. What does the sold price history tell us?
The home sold for between $550,000 and $600,000 in June 2022. This placed it in the top 2% of sale prices for Riverbend at that time, confirming its strong market performance relative to neighbors.
4. Is the property newer than most in Winnipeg?
Yes. Built in 2006, it is newer than roughly 86% of comparable homes across the city, which is a significant advantage for systems, structure, and modern layouts.
5. How can I get the exact historical sold price?
The exact sale figure is not publicly displayed due to data rules. You can request it by email through the site. They provide a manual lookup service and promise to send the exact figure without using your email for marketing.