Property Summary: 43 Wisteria Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,495 sqft home, built in 2008, presents a compelling blend of relative modernity and established community living. Its primary appeal lies in its strong positioning within the desirable Riverbend neighborhood. While the living space is about average for its specific street, it stands out as above average for the wider neighborhood and city, offering comfortable scale. The assessed value of $508k is notably above average for both Riverbend and Winnipeg, signaling perceived quality and a premium location.
The property’s standout features are its above-average lot size (7,194 sqft), providing generous outdoor space, and its "elite" ranking for year built on its street and in the neighborhood. This suggests it is one of the newest homes in the area, likely meaning fewer immediate concerns about major aging components compared to older neighbors.
This home would suit buyers seeking a move-in ready property in a mature area without sacrificing modern construction benefits. It’s ideal for those who value outdoor space and a home that holds a strong, above-average value position within its community. It may particularly appeal to someone looking for a newer home on a quiet street without venturing to the far outskirts of the city.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 1,495 sqft, the living area is slightly below the average for Wisteria Way itself but is larger than the typical home in both the broader Riverbend neighborhood and across Winnipeg. It offers a balanced size—not the largest on the block, but comfortably above the area norm.
2. Why is the assessed value higher than the area average?
The assessed value of $508k ranks in the top 6% for Riverbend. This premium is likely driven by the home’s newer age (2008), its larger-than-neighborhood-average lot, and its specific location within the area.
3. What does the "elite" ranking for year built mean?
Ranking #1 on its street and in the top 3% for the neighborhood means 43 Wisteria Way is among the very newest homes in this part of Riverbend. This can imply more contemporary building standards, materials, and floorplans, potentially leading to lower near-term maintenance costs.
4. Is there any sales history available for this property?
The public data presented does not show a sales history for this specific listing. Exact prior sale figures can be requested directly from the site via email for a manually provided report.
5. How does the lot size impact the property?
At over 7,000 sqft, the lot is larger than about 80% of homes on Wisteria Way and 88% in Riverbend. This offers significant private outdoor space for gardening, recreation, or future additions like a deck or shed, which is a notable advantage in an established neighborhood.