59.6
Fair
Property score
59.6
Fair
Overall 59.6
Smaller than most nearby homes
844 sqft (bottom 4%)
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 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% 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)
1,302
451k
$355/sqft
1990
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.6 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
120 Paddington Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 294 m), 3 parks (nearest 184 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 8% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 120 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This home at 120 Paddington Road is a modest, single-level property built in 1983, offering 844 square feet of living space on a 2,885 sqft lot. Its key characteristic is its efficiency and relative affordability within the established River Park South neighborhood. The appeal lies in its position as a competitively priced entry point into a desirable area, with an assessed value ($335k) notably below the neighborhood average. The home is smaller than most in the area, which translates to lower utility costs and less maintenance, but also means space is at a premium.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking a lower-maintenance footprint in a mature community. It’s for a buyer who prioritizes location and financial accessibility over size, and who is comfortable with a home that may require updates common for its age. A thoughtful perspective is that its smaller scale and lot size offer an opportunity for a simpler, more manageable lifestyle without sacrificing the benefits of a well-regarded neighborhood.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
This home’s living area (844 sqft) is below average for its street, neighborhood, and city-wide comparisons. It represents a more compact option in the area.
2. Is the assessed value in line with the local market?
The assessed value of $335k is around the average for the street and city-wide, but it sits below the average for the broader River Park South neighborhood, suggesting it may offer relative value within that specific area.
3. What is the history of sold prices for this property?
Public records indicate it last sold between $250,000 and $300,000 in January 2018. For fully verified and exact historical transaction figures, a manual lookup can be requested.
4. How does the lot size impact the property?
The lot is 2,885 sqft, which is smaller than most in the neighborhood and city. This means less yard maintenance but also less private outdoor space compared to many neighboring homes.
5. What might be a less obvious consideration for this property?
Given its smaller interior size and below-average lot size, the functional layout and potential for outdoor living or storage are particularly important to evaluate. Its value is closely tied to the interior condition and efficient use of space, more so than a larger property where square footage can compensate.
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.
