207 Paddington Road

River Park South, Winnipeg

Property score

57.0

Fair

Overall 57.0 · Smaller and older than most nearby homes

872 sqft (bottom 8%) · Built in 1978 (12 yrs older than avg)

Located in a high-income area with median household income of ~96k

Transit 80.0 · 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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

Need help understanding this property?

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

Property score

57.0 is composed by the two sections below.

Property Score

42.1Low
Living Area872 sqft32Low
Year Built197867Good
Lot Size3,098 sqft38Low
Neighbourhood Sales Activity76Good

Community Score

79.4Good
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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: #46111153

Community deep dive

$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

Population, labour & age

Population (2021)956
Labour force participation rate72%
Median age37.2
Avg household size2.6
Unemployment rate8%
Population density4156 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households18%
Couple families with children33%
Median household income (2020)$96K

Housing

Renter households41%
Condominium dwellings4%
Median dwelling value (owners)$364K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority40%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 66%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
872 sqft
0255075100
Same streetBottom 18%Same areaBottom 8%CitywideBottom 14%
Same street · Paddington Road
#209 / 256
Bottom 18% · Avg 1,128 sqft
Same area · River Park South
#3,320 / 3,617
Bottom 8% · Avg 1,410 sqft
Citywide · Winnipeg
#167,021 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetBottom 33%Same areaBottom 5%CitywideBottom 36%
Same street · Paddington Road
#172 / 256
Bottom 33% · Avg 364.8k
Same area · River Park South
#3,428 / 3,617
Bottom 5% · Avg 447.2k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetBottom 26%Same areaBottom 5%CitywideTop 35%

Lot Size

around average
3,098 sqft
0255075100
Same streetBottom 30%Same areaBottom 5%CitywideBottom 14%

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

207 Paddington Road — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 490 m), 3 parks (nearest 218 m).

Search radius
🏫Education1
🌳Parks3
💪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 8/2022CA$350k–400k
Sold price

Same street

Top 27%

Same area

Bottom 37%

City-wide

Top 46%
Sold 5/2019CA$250k–300k
Sold price

Same street

Bottom 16%

Same area

Bottom 4%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 207 Paddington Road, Winnipeg

Property Overview: 207 Paddington Road, Winnipeg

Section 1: Key Characteristics & Buyer Profile

This home at 207 Paddington Road in River Park South is a practical, entry-level property built in 1978. Its key characteristic is its compact size, with 872 sqft of living space, which is notably below average for both the street and the wider neighborhood. The assessed value of $322k is comfortably below the neighborhood average, positioning it as one of the more affordable options in River Park South.

The appeal lies in its value proposition. It offers a foothold in a well-established neighborhood at a relatively accessible price point. The lot size, while smaller than many in the area, is manageable and typical for the immediate street. This is not a sprawling property, but a straightforward one that prioritizes function and location over square footage.

This home would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance property. It’s for those who value the stability and amenities of a mature neighborhood like River Park South over having a large or recently built home. A thoughtful perspective is that its "below-average" metrics compared to the neighborhood could represent an opportunity for a buyer comfortable with a cozier layout, allowing budget to be allocated elsewhere, such as updates or savings.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 872 sqft, the home is compact. It ranks below average for the street, neighborhood, and city. This suits efficient living or smaller households but may feel cramped for those needing multiple dedicated rooms or ample storage.

2. How does its value compare?
With an assessed value of $322k, it sits around the average for its street but is significantly below the River Park South neighborhood average of ~$447k. This suggests it’s priced more accessibly within a generally higher-value area.

3. What is the history of sold prices?
Public data shows it sold between $350k-$400k in August 2022 (placing it in the top 27% for the street at that time) and between $250k-$300k in May 2019. Exact figures require a manual request through the site.

4. How does the lot size impact the property?
The 3,098 sqft lot is around average for Paddington Road but below the neighborhood standard. This means smaller outdoor maintenance, but also less private space compared to many nearby homes.

5. Are there similar homes nearby for comparison?
Yes. Nearby listings like 199 and 225 Paddington Road are very similar in age, size, and value. Others on the same street or nearby drives, like 166 Paddington Road or 11 Upton Place, are slightly larger and newer with correspondingly higher assessed values.

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.