Property Overview: 90 Wisteria Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This 2007-built home in Riverbend offers a balanced, move-in-ready proposition. With 1,507 sqft of living space, it sits above the neighborhood and city averages, providing comfortable room for a small family or couple. Its appeal lies in its modern build year relative to much of Winnipeg’s housing stock, suggesting newer systems and less immediate need for major updates. The assessed value of $469k positions it as a premium home within the broader Riverbend area but a more moderate option on its own street, where values run higher.
This property would suit pragmatic buyers looking for a well-sized, newer home in an established neighborhood without paying a premium for the largest lot or the highest-end finishings on the block. It’s a solid choice for those who prioritize interior space and modern construction over an expansive yard, as the lot size is more standard. A thoughtful perspective is that this home represents a “sweet spot” – it benefits from the desirability and higher average values of Riverbend and Wisteria Way, while itself being priced slightly below the street’s average, potentially offering good value within a sought-after location.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $450k-$500k in May 2024. This range brackets the current assessed value of $469k, indicating the assessment is closely aligned with recent market activity.
2. Is the living space large for the area?
Yes. The home’s living area ranks in the top 23% for the Riverbend neighborhood and above the Winnipeg average, meaning it offers more interior space than many comparable local and city-wide properties.
3. Why is the assessed value below average for Wisteria Way?
While the home is above average for the neighborhood and city, Wisteria Way has a very high average assessed value (approx. $494k). This home’s value is slightly below that street average, which could be due to lot size, specific finishes, or layout compared to immediate neighbors.
4. What does the year built tell me about the property?
Built in 2007, the home is newer than approximately 87% of comparable properties across Winnipeg and 94% within Riverbend. This typically suggests more contemporary building standards, younger major components (like roof, HVAC), and potentially lower maintenance costs in the near term.
5. How can I verify the exact sold price?
The public data shows a sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sold price history via email from the site, which they will provide manually without using your email for marketing.