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
205 Paddington Road — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 486 m), 3 parks (nearest 226 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 42% | Bottom 18% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 205 Paddington Road, Winnipeg
Key Characteristics & Appeal
This 880 sqft bungalow, built in 1978, presents a practical entry point into Winnipeg’s established River Park South neighborhood. Its core appeal lies in its relative affordability, with an assessed value significantly below area averages, offering a lower financial barrier in a typically higher-priced community. The home suits first-time buyers, downsizers, or investors seeking a manageable footprint with renovation potential. While its living space and lot size are compact compared to most neighbors, this translates to less maintenance and lower utility costs—a thoughtful trade-off for those prioritizing simplicity and budget. The property’s age places it among the older homes on its street, suggesting a well-established streetscape, but buyers should be prepared for updates. It’s a straightforward property that appeals to value-conscious individuals who see potential in a foundational home rather than a turn-key showcase.
Frequently Asked Questions
1. Why is the assessed value notably lower than the neighborhood average?
The assessed value reflects the home’s smaller size (both living area and lot) and its older vintage compared to the broader neighborhood, which consists of many larger, newer homes. This discrepancy is what creates its accessible price point.
2. What does the sold price data indicate?
The home sold between $300k-$350k in early 2023, placing it in the lower half of sold prices for the street and city-wide. This recent sale supports the trend of it being a more affordable option within its market.
3. Is the small lot size a major drawback?
It depends on your lifestyle. The lot is smaller than most in Winnipeg, limiting extensive landscaping or expansion potential. However, it means minimal yard work and lower exterior maintenance costs, which can be a benefit for those seeking a low-maintenance property.
4. How does this home compare to others on Paddington Road?
It ranks below the street average in size, value, and year built. Essentially, it’s one of the more modest and older properties on a street that includes larger, slightly newer homes. This offers a chance to live on a desirable street at a lower cost.
5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures directly from the website via email, which they will provide manually.
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