214 Paddington Road

River Park South, Winnipeg

66.0

Good

Overall 66.0

Smaller and older than most nearby homes

980 sqft (bottom 18%)

Built in 1979 (11 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, 3 parks, 1 sports facility, and 2 fuel stations nearby

Living Area

Below average

31% smaller 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

66.0 is composed by the two sections below.

Property Score

52.5Fair
Living Area980 sqft42Low
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

around average
980 sqft
0255075100
Same streetBottom 43%Same areaBottom 18%CitywideBottom 24%
Same street · Paddington Road
#145 / 256
Bottom 43% · Avg 1,128 sqft
Same area · River Park South
#2,963 / 3,617
Bottom 18% · Avg 1,410 sqft
Citywide · Winnipeg
#147,753 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
361k
0255075100
Same streetBottom 48%Same areaBottom 15%CitywideTop 50%
Same street · Paddington Road
#134 / 256
Bottom 48% · Avg 364.8k
Same area · River Park South
#3,079 / 3,617
Bottom 15% · Avg 447.2k
Citywide · Winnipeg
#97,103 / 194,458
Top 50% · 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

214 Paddington Road — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 453 m), 3 parks (nearest 212 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 8/2017CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 10%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 214 Paddington Road, Winnipeg

Property Overview: 214 Paddington Road, River Park South, Winnipeg

Key Characteristics & Buyer Appeal

This 1979-built home in River Park South presents a practical and value-conscious opportunity. At 980 sqft, the living space is modest, ranking below the neighborhood average, but it is efficiently sized for essentials. The assessed value of $361k is notably below the River Park South average, positioning it as a more accessible entry point into this established area. A standout feature is the 5,001 sqft lot, which is larger than most on Paddington Road, offering valuable outdoor space relative to its peers.

The appeal lies in its balance of affordability within a desirable neighborhood. It suits first-time buyers or downsizers seeking a lower-maintenance property without leaving a mature community. It may also attract value-oriented investors or buyers who prioritize land size over interior square footage, seeing potential in the lot itself. A thoughtful perspective is that a home with below-average assessments for the area can offer a cushion against property tax increases and may present an opportunity for value-adding renovations over time.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the last recorded sale on Paddington Road was in 2017, in the $250k-$300k range. The current assessed value of $361k is around the street average, suggesting stable market alignment since that last sale.

2. Is the smaller living area a concern?
At 980 sqft, the home is cozier than the typical River Park South house. It is best suited for individuals, couples, or small families. The trade-off is often a more manageable layout and lower utility costs.

3. What does the larger lot size mean for me?
The lot is above average for the street, providing more private outdoor space than many neighbors. This is a benefit for gardening, recreation, or future projects like a shed or expanded deck.

4. How old is this home, and what might that imply?
Built in 1979, the home is of a vintage where major components like the roof, windows, or furnace may be due for inspection or replacement. This is typical for the area and should be factored into a buyer’s budget and inspection process.

5. Where can I get verified sale price history for this property?
The provided sold price data is from public sources, not the MLS. For a complete and verified transaction history, you must request a manual lookup from the site, which they provide via email.

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