Property score
55.2
Fair
Overall 55.2 · 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 ~96k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, 1 sports facility, and 2 fuel stations nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 3%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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55.2 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: #46111153
$96K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
33%
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
199 Paddington Road — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 480 m), 3 parks (nearest 242 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 16% | Bottom 4% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated 1978 bungalow at 199 Paddington Road in River Park South offers a practical, low-maintenance living option. Its primary appeal lies in its generous 2,499 sqft lot, which ranks in the top 5% on its street and the top 1% within the entire neighbourhood, providing significant outdoor space relative to many nearby homes. The living area is a compact 880 sqft, and the home features a renovated basement, adding functional space. With no garage or pool, it presents a straightforward property.
The home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard size in a mature, established neighbourhood. Its strong lot size ranking suggests potential for future expansion or gardening, appealing to those who value outdoor privacy and space more than a large interior. The recent basement renovation adds immediate move-in appeal for buyers seeking modernized basics without a full-scale project.
Key Details & Questions
What are the key features of this home?
This is a one-storey bungalow built in 1978, situated on a large 2,499 sqft lot. It features 880 sqft of living space and includes a renovated basement. There is no garage or swimming pool.
How does this property compare to others in the area?
The lot size is a standout feature, larger than 95% of lots on its street and 99% of lots in the River Park South neighbourhood. The home itself is moderately sized for the area, with a living area larger than about 79% of homes on the street. Its assessed value of $29,200 is fairly typical for the wider Winnipeg area.
Is the neighbourhood desirable?
River Park South is a mature, established neighbourhood. The provided comparable listings suggest it's an active area with homes from the same era, indicating stability and consistent demand.
What is the home’s value history?
The home last sold in August 2020 for $26,700. Its current assessed value is $29,200, which is a common benchmark for municipal taxation, not necessarily market price.
Are there any obvious considerations?
The lack of a garage and the home's age (48 years) mean buyers should budget for potential maintenance or consider the cost of adding parking/ storage. The large lot is a major asset, but the smaller living footprint requires efficient use of space, making the renovated basement particularly valuable for added functionality.
