Ulvika's historical significance stems from its role as an important hub in the development of Fredrikstad. The area is known for its well-preserved buildings and cultural monuments that provide insight into the city's history. Ulvika has been a hub for trade and communication, which has helped shape the local identity.
Today, Ulvika is recognized as a cultural and historical area, and several of the buildings are protected to preserve the historical heritage. Visitors can experience the unique architecture and learn more about the area's past through various information sources and events that often take place here. The area also offers opportunities for recreation and nature experiences, with its location by the water.