138 Paddington Road

River Park South, Winnipeg

80.7

Excellent

Overall 80.7

Larger but older than most nearby homes

1,648 sqft (top 29%)

Built in 1979 (11 yrs older than avg)

Located in a high-income area

with median household income of ~106k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 1 school, 4 parks, 1 sports facility, and 2 fuel stations nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Below average

11 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

80.7 is composed by the two sections below.

Property Score

77.1Good
Living Area1,648 sqft83Excellent
Year Built197967Good
Lot Size5,001 sqft67Good
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
1,648 sqft
0255075100
Same streetTop 9%Same areaTop 29%CitywideTop 23%
Same street · Paddington Road
#22 / 256
Top 9% · Avg 1,128 sqft
Same area · River Park South
#1,046 / 3,617
Top 29% · Avg 1,410 sqft
Citywide · Winnipeg
#44,866 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
416k
0255075100
Same streetTop 16%Same areaBottom 46%CitywideTop 35%
Same street · Paddington Road
#42 / 256
Top 16% · Avg 364.8k
Same area · River Park South
#1,943 / 3,617
Bottom 46% · Avg 447.2k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1979
0255075100
Same streetBottom 32%Same areaBottom 12%CitywideTop 34%

Lot Size

above average
5,001 sqft
0255075100
Same streetTop 10%Same areaBottom 47%CitywideBottom 45%

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

138 Paddington Road — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 315 m), 4 parks (nearest 194 m).

Search radius
🏫Education1
🌳Parks4
💪Sports1
Fuel Stations2

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 8/2017CA$300k–350k
Sold price

Same street

Top 41%

Same area

Bottom 29%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 138 Paddington Road, Winnipeg

Property Overview: 138 Paddington Road, River Park South, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home presents a compelling blend of space and established value. Its primary strength is its generous proportions relative to its immediate surroundings. With 1,648 sqft of living area, it ranks in the top 9% on its own street and offers significantly more space than the street average (1,128 sqft). The lot size of 5,001 sqft is also well above the street norm, providing ample outdoor space. Built in 1979, it is a mature home in a well-established neighbourhood.

The appeal lies in its "above-average" positioning on a street of smaller, comparable homes, suggesting a good value-for-space proposition. It suits buyers looking for a roomy family home in a settled area without the premium often attached to newer constructions. A thoughtful perspective is that while the home is older than many in the broader River Park South area, its assessed value of $416k sits comfortably below the neighbourhood average, potentially offering more house for the money. It’s ideal for a practical buyer who prioritizes interior and yard space over a newer build date and is comfortable with a home that may benefit from updates over time.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
It is notably larger than most homes on Paddington Road, ranking in the top 10% for living area on the street. It is also above the citywide average for comparable homes.

2. Is the assessed value high for the area?
The assessed value is above average for Paddington Road but is actually below the average for the wider River Park South neighbourhood. This suggests the home may be valued more for its specific street context than the neighbourhood average.

3. When was it last sold and for how much?
Public records indicate it sold between August and September 2017 for a price in the range of CA$300,000–$350,000. Exact sale figures require a manual lookup from the provider.

4. The home was built in 1979. Is it older than others in River Park South?
Yes. The build date is below average for the neighbourhood, where many homes are from the 1980s and 1990s. However, it is close to the citywide average year built for comparable properties.

5. What are the neighbouring properties like?
Nearby homes on Paddington Road are very similar in age (late 1970s to early 1980s) but are typically smaller in both living area and lot size, based on the provided comparisons.

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