112 Paddington Road

River Park South, Winnipeg

73.6

Good

Overall 73.6

Compared with neighbourhood average

1,346 sqft (top 49%)

Built in 1983 (7 yrs older than avg)

Located in a high-income area

with median household income of ~106k

Transit 88.0

1-min walk to transit with 3 nearby routes

Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 4%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

73.6 is composed by the two sections below.

Property Score

65.2Good
Living Area1,346 sqft71Good
Year Built198373Good
Lot Size2,966 sqft28Low
Neighbourhood Sales Activity76Good

Community Score

86.2Excellent
Household Income87Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (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: #46110496

Community deep dive

$106K

Median household income

$114K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

17%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)504
Labour force participation rate72%
Median age36.8
Avg household size2.9
Unemployment rate6%
Population density4200 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households17%
Couple families with children37%
Median household income (2020)$106K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority24%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

above average
1,346 sqft
0255075100
Same streetTop 16%Same areaTop 49%CitywideTop 39%
Same street · Paddington Road
#42 / 256
Top 16% · Avg 1,128 sqft
Same area · River Park South
#1,771 / 3,617
Top 49% · Avg 1,410 sqft
Citywide · Winnipeg
#75,331 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
365k
0255075100
Same streetTop 48%Same areaBottom 17%CitywideTop 49%
Same street · Paddington Road
#123 / 256
Top 48% · Avg 364.8k
Same area · River Park South
#3,015 / 3,617
Bottom 17% · Avg 447.2k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1983
0255075100
Same streetTop 39%Same areaBottom 34%CitywideTop 31%

Lot Size

below average
2,966 sqft
0255075100
Same streetBottom 21%Same areaBottom 3%CitywideBottom 10%

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

112 Paddington Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 284 m), 2 parks (nearest 179 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

River Park South · WPS public data · 2026

Annual incidents

25

2026

vs. city avg

-15%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

64%

Sales History

Sold 11/2020CA$350k–400k
Sold price

Same street

Top 23%

Same area

Bottom 39%

City-wide

Top 45%
Sold 5/2016CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 10%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 112 Paddington Road, Winnipeg

Property Overview: 112 Paddington Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,346 sqft home, built in 1983, presents a practical and competitively positioned option in the River Park South neighborhood. Its primary appeal lies in its efficient use of space and value relative to its immediate surroundings. While the living area is notably above average for Paddington Road itself, the property sits on a smaller, below-average lot for the area. The assessed value of $365k is very typical for the street but is considered below average for the wider neighborhood, suggesting you may get more house for your money here compared to other parts of River Park South.

This home would suit first-time buyers or downsizers looking for a manageable, single-family footprint in a stable, established community. It’s a sensible choice for those who prioritize interior space over a large yard and who see value in a home that is priced accessibly within its own neighborhood context. A less obvious perspective is that the smaller lot could mean lower maintenance costs and less time spent on yard work, which for some buyers is a feature, not a drawback.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is almost exactly the street average but is notably below the neighborhood average. This indicates it may offer a more accessible entry point into River Park South compared to many surrounding properties.

2. Is the living space larger or smaller than typical?
At 1,346 sqft, the living area is larger than most homes on Paddington Road. It is very close to the Winnipeg citywide average, offering a mid-sized layout that fits common needs.

3. What should I know about the lot size?
The lot is under 3,000 sqft, which is smaller than most on the street and significantly smaller than the average lot in both River Park South and Winnipeg overall. This means a more compact yard.

4. What is the home’s history of sale prices?
Public records show it sold in 2020 for an estimated $350k-$400k and in 2016 for an estimated $250k-$300k. Exact sale prices require a manual lookup from the provider.

5. How does the age of the home compare?
Built in 1983, it is slightly older than the average home on its street and in River Park South, but newer than the average Winnipeg home. Buyers should expect features and systems typical of early-1980s construction.

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