Property score
57.5
Fair
Overall 57.5 · 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 ~103k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 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 · 69%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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57.5 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: #46110497
$103K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
14%
Single-person households
37%
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
217 Paddington Road — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 171 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 19% | Bottom 5% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 217 Paddington Road, Winnipeg
Key Characteristics & Buyer Profile
This 880 sqft bungalow, built in 1978, presents a practical entry point into Winnipeg’s River Park South neighborhood. Its primary appeal lies in its relative affordability within a well-established area, as evidenced by its assessed value of approximately $300k, which sits below local averages. The home’s compact size and smaller lot (2,598 sqft) translate to lower maintenance demands and utility costs, a significant consideration for budget-conscious buyers.
The property is best suited for first-time homebuyers, downsizers, or investors seeking a manageable footprint. Its value proposition is clear: you are purchasing location and community over square footage. A thoughtful perspective is that this home ranks more favorably city-wide for its year built than within its immediate area, suggesting it may have a solid foundational structure compared to many Winnipeg homes. While it doesn’t offer expansive space, its below-average costs for the neighborhood could free up capital for renovations or personalization, allowing a buyer to incrementally add value.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No, the assessed value (approx. $300k) is used for calculating property taxes and may differ from the current market value, which is determined by recent sales, condition, and buyer demand.
2. How does the smaller living area impact daily life?
The 880 sqft layout requires efficient use of space and may not suit those needing multiple dedicated rooms or extensive storage. However, it promotes a simpler, low-maintenance lifestyle.
3. What are the implications of the smaller lot size?
The 2,598 sqft lot means less outdoor maintenance and lower landscaping costs. It may limit potential for large additions, decks, or gardens but is sufficient for a patio or small recreational space.
4. The home is older than many in River Park South. Should I be concerned?
Built in 1978, it is older than the neighborhood average. A thorough inspection is crucial to assess the condition of major systems (roof, plumbing, electrical) which may be due for updates or replacement.
5. Where can I find verified past sale prices for this property?
The site provides estimated sold price ranges. For fully verified transaction history and exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
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