56 Wisteria Way

Riverbend, Winnipeg

Property score

83.6

Excellent

Overall 83.6 · Larger and newer than most nearby homes

1,840 sqft (top 4%) · Built in 2008 (15 yrs newer than avg)

Located in a high-income area with median household income of ~130k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Above average

15 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

83.6 is composed by the two sections below.

Property Score

80.7Excellent
Living Area1,840 sqft89Excellent
Year Built200890Excellent
Lot Size4,394 sqft53Fair
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

Elite
1,840 sqft
0255075100
Same streetTop 20%Same areaTop 4%CitywideTop 16%
Same street · Wisteria Way
#16 / 81
Top 20% · Avg 1,635 sqft
Same area · Riverbend
#76 / 1,712
Top 4% · Avg 1,288 sqft
Citywide · Winnipeg
#30,478 / 194,458
Top 16% · 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

Elite
2008
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 13%

Lot Size

around average
4,394 sqft
0255075100
Same streetBottom 26%Same areaBottom 34%CitywideBottom 32%

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

56 Wisteria Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 326 m).

Search radius
🌳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%

Sales History

Sold 1/2024CA$500k–550k
Sold price

Same street

Top 29%

Same area

Top 6%

City-wide

Top 14%

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