82.7
Excellent
Property score
82.7
Excellent
Overall 82.7
Larger and newer than most nearby homes
1,487 sqft (top 25%)
Built in 2006 (13 yrs newer than avg)
Located in a high-income area
with median household income of ~130k
Transit 74.0
5-min walk to transit with 2 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
13 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 8%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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82.7 is composed by the two sections below.
Property Score
Community Score
Riverbend
How to read: Share of sales in each ~$50k price band for “riverbend” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110762
$130K
Median household income
$133K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
10%
Single-person households
47%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
Riverbend · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
47%
Local garbage, recycling, and yard waste pickup schedule for 111 Wisteria Way.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Top 16% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 111 Wisteria Way, Winnipeg
Key Characteristics & Appeal
This 2006-built home in Riverbend presents a compelling mix of space, value, and potential. Its most standout feature is the land: at over 14,000 sqft, the lot size is in the top 2% on its street and top 1% in the neighborhood, offering exceptional outdoor space and privacy that is rare for the area. With 1,487 sqft of living area, the home itself is above average for Riverbend but slightly more modest compared to its immediate street, suggesting a property where the land may be a greater asset than the current structure.
Its appeal lies in this balance. The assessed value of $512k is consistently above average at the neighborhood and city level, indicating strong underlying value. The home suits two primary types of buyers: those who prioritize a large, versatile yard for family, gardening, or future expansion; and value-conscious buyers looking for a solid home in a desirable neighborhood without paying for the largest house on the block. A thoughtful perspective is that this property may represent an "in-between" opportunity—more established than a new subdivision lot, but with a newer build year (2006) than much of the city's housing stock, potentially offering a good balance of modern infrastructure and mature surroundings.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
While the home’s living area is above the neighborhood average, it is below the average for Wisteria Way itself. This means you’re getting a well-sized home for Riverbend, but on a street where many houses are larger.
2. What does the "Elite" lot ranking actually mean for me?
The lot is exceptionally large for the area. This translates to more privacy, ample room for additions like a deck, shed, or garden, and potentially more future flexibility than typical properties in Winnipeg.
3. The sold price shows a range. How can I find the exact figure?
The displayed sold price range is based on public data. To receive the verified, exact sale price from December 2023, you can request it by email from the site, as MLS records are not published directly.
4. Is the assessed value a reliable indicator of the market price?
The assessed value ($512k) is for municipal tax purposes and is above area averages, which is a positive sign of the property’s formal valuation. However, market price is determined by current conditions and should be verified with a real estate professional.
5. The home is newer than most in Winnipeg. What are the implications?
Built in 2006, the home is significantly newer than the Winnipeg city average (1966). This often suggests updated building materials, systems, and layouts, potentially leading to lower immediate maintenance costs compared to much older homes.
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