60.5
Fair
Property score
60.5
Fair
Overall 60.5
Smaller and older than most nearby homes
880 sqft (bottom 9%)
Built in 1978 (12 yrs older than avg)
Located in a high-income area
with median household income of ~106k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 4%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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60.5 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110496
$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
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
119 Paddington Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 349 m), 2 parks (nearest 241 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 119 Paddington Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 1% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 119 Paddington Road, River Park South, Winnipeg
Key Characteristics & Buyer Appeal
This 880 sqft bungalow, built in 1978, presents a clear value proposition in Winnipeg's River Park South neighborhood. Its primary characteristic is its affordability, with an assessed value of $287k, which sits significantly below area averages. This positions the home as one of the most accessible entry points into this established community. The lot size is typical for the street but smaller than newer neighborhood subdivisions, offering manageable outdoor maintenance.
The appeal lies in its potential as a starter home or a strategic investment. For buyers, it offers a lower financial barrier to entry while still providing the stability of a mature neighborhood. A thoughtful perspective is that its below-average metrics in size and value for the area might indicate an opportunity for value-adding improvements, where even moderate updates could yield strong proportional returns. This property would best suit first-time buyers prioritizing location within a specific budget, practical downsizers looking to minimize upkeep, or investors seeking a rental property with a relatively low entry cost in a stable family-oriented area.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
The assessed value reflects factors like the home's smaller size (880 sqft vs. a neighborhood average of ~1,410 sqft) and its 1978 build date, which is older than many area homes. This combination results in a valuation that is comparatively low for River Park South.
2. How accurate are the sold price ranges shown?
The sold price ranges are based on publicly available data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup via email, as detailed on the site.
3. Is the smaller living area a major concern?
It depends on your needs. The home ranks below average in size for the street, area, and city. It is well-suited for individuals, couples, or small families who prioritize efficient living space and affordability over square footage.
4. What does the "Top %" ranking mean for year built?
A ranking in the "Top 74%" for year built on its street means the home is newer than 74% of comparable homes on Paddington Road. While older than the neighborhood average, it is actually around the average age for the city of Winnipeg as a whole.
5. Are the nearby comparison homes similar?
The listed nearby properties provide context. For example, 199 Paddington Road is a direct comparison (same year, same size, similar value), while others on the same street are larger, newer, and have higher assessments, illustrating the value spectrum on the block.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
