187 Wisteria Way

Riverbend, Winnipeg

85.4

Excellent

Overall 85.4

Larger and newer than most nearby homes

1,778 sqft (top 7%)

Built in 2006 (13 yrs newer than avg)

Located in a high-income area

with median household income of ~130k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 school, and 1 park nearby

Living Area

Above average

38% 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)

Sold Count

523

Median price

460k

$/sqft

$325/sqft

Avg build year

1993

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Property score

85.4 is composed by the two sections below.

Property Score

83.7Excellent
Living Area1,778 sqft86Excellent
Year Built200690Excellent
Lot Size6,861 sqft85Excellent
Neighbourhood Sales Activity28Low

Community Score

88.0Excellent
Household Income92Excellent
Education Level72Good
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110762

Community deep dive

$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

Population, labour & age

Population (2021)2,017
Labour force participation rate73%
Median age36.8
Avg household size3.4
Unemployment rate4%
Population density2192 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households10%
Couple families with children47%
Median household income (2020)$130K

Housing

Renter households5%
Condominium dwellings4%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Punjabi · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,778 sqft
0255075100
Same streetTop 26%Same areaTop 7%CitywideTop 18%
Same street · Wisteria Way
#21 / 81
Top 26% · Avg 1,635 sqft
Same area · Riverbend
#117 / 1,712
Top 7% · Avg 1,288 sqft
Citywide · Winnipeg
#35,019 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
512k
0255075100
Same streetTop 27%Same areaTop 6%CitywideTop 18%
Same street · Wisteria Way
#22 / 81
Top 27% · Avg 494.2k
Same area · Riverbend
#97 / 1,712
Top 6% · Avg 410.2k
Citywide · Winnipeg
#34,774 / 194,458
Top 18% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetTop 46%Same areaTop 7%CitywideTop 14%

Lot Size

above average
6,861 sqft
0255075100
Same streetTop 28%Same areaTop 13%CitywideTop 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

187 Wisteria Way — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 429 m), 1 parks (nearest 458 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 187 Wisteria Way.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 11/2019CA$400k–450k
Sold price

Same street

Bottom 39%

Same area

Top 30%

City-wide

Top 31%

Related homes

Highlights & common questions: 187 Wisteria Way, Winnipeg

Property Overview: 187 Wisteria Way, Riverbend, Winnipeg

Key Characteristics & Appeal

This home at 187 Wisteria Way presents a well-proportioned and established property in Winnipeg's Riverbend neighborhood. Built in 2006, it offers a practical layout with 1,778 sqft of living space on a generous 6,861 sqft lot. The core appeal lies in its consistent above-average standing in a desirable area. The home ranks in the top tiers for both size and assessed value not just on its street, but notably within the wider Riverbend community (top 7% for living area, top 6% for value). This suggests a property that outperforms many local comparables.

It would particularly suit buyers looking for a move-in ready home in a mature, established setting—one that offers more space than the typical Winnipeg or Riverbend home without being a sprawling estate. The data indicates a solid, middle-to-upper tier property within its immediate context, ideal for professionals or families seeking a balance of community, space, and a home that has held its relative value well over time. A thoughtful perspective is that its "average" ranking on its own street for year built suggests it fits seamlessly into a streetscape of similar-era homes, offering neighborhood consistency rather than standing out as the newest or oldest.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
Based on available data, the home last sold between $400k-$450k in late 2019. Its current assessed value of $512k is above the street and neighborhood averages, indicating perceived growth. For exact, verified sale prices of comparable nearby properties, a manual lookup can be requested.

2. Is the lot size a significant feature?
Yes. The lot is larger than approximately 87% of comparable properties in Riverbend and is above average even for its own street. This offers more outdoor space than is typical for the neighborhood.

3. What does the "Top 7%" neighborhood ranking for living area mean?
It means this home has more living space than about 93% of similar properties in the broader Riverbend area. With 1,778 sqft, it provides substantially more room than the neighborhood average of 1,288 sqft.

4. The home was built in 2006. What should I consider about its age?
While 20 years old, it is newer than the average home in both Winnipeg and the Riverbend area. This age typically means major components may be nearing or entering their renovation cycle (e.g., roof, HVAC, appliances), but modern building codes and layouts are still in place.

5. How can I verify the exact historical sold prices?
The provided sold price ranges are based on public data. To obtain fully verified and exact transaction figures, you must request a manual lookup via email, as this site does not display proprietary MLS sales records.

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