Property Summary: 211 Wisteria Way, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,739 sqft home, built in 2006, presents a compelling blend of above-average space and a well-established, modern build within Winnipeg’s Riverbend neighborhood. Its primary appeal lies in its strong positional value: while the home is fairly typical for its specific street in terms of assessed value, lot size, and age, it stands out significantly within the broader neighborhood and city context. The living area is notably spacious, ranking in the top 8% for Riverbend and exceeding both neighborhood and city averages. Similarly, its assessed value is well above neighborhood and city benchmarks, suggesting a quality of finish or desirable location factors that are recognized in the market.
The home would suit buyers looking for a move-in ready property from the 2000s that offers more interior space than many surrounding homes, without necessarily requiring the largest lot on the block. It’s a solid choice for professionals or growing families seeking a home that holds above-average stature in a popular community, with the added benefit of being part of a cluster of similar, well-maintained homes on Wisteria Way. A thoughtful perspective is that this property may represent a "sweet spot"—it benefits from the established character and maturity of a neighborhood where many homes are older, while itself being a relatively modern build with space efficiency that outperforms its peers.
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 in 2019 for a price that ranked in the top 64% for the street at the time. Its current assessed value of $492k is very close to the current street average of $494.2k, indicating it is priced in line with its immediate neighbors.
2. Is the lot size a disadvantage?
At 4,615 sqft, the lot is smaller than the average for Wisteria Way but is around the neighborhood average. It offers a manageable yard for maintenance while still providing private outdoor space. For buyers prioritizing interior square footage over extensive landscaping, this is a typical trade-off in this area.
3. What does the "Top 8%" ranking for living area in Riverbend mean?
This means that among 1,712 comparable homes in the Riverbend neighborhood, only 7% (or about 120 homes) have a larger living area. It highlights that this home offers more interior space than the vast majority of its local peers.
4. How can I verify the exact past sale prices?
The displayed sold prices are estimated ranges from public records. To obtain the exact historical sale figures, you must request a manual lookup via email through the site. This process is due to industry regulations that prevent the direct display of certain transaction data.
5. The home is described as "around average" for the street in several categories. Is that a concern?
Not necessarily. It indicates the home is consistent with the character and standard of Wisteria Way, which appears to be a uniform, desirable street with homes of similar value, age, and scale. This consistency can contribute to stable property values. The home’s standout features are its above-average interior space relative to the wider area.