225 Paddington Road

River Park South, Winnipeg

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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

57.5 is composed by the two sections below.

Property Score

40.6Low
Living Area880 sqft32Low
Year Built197867Good
Lot Size2,597 sqft28Low
Neighbourhood Sales Activity76Good

Community Score

82.8Excellent
Household Income86Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110497

Community deep dive

$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

Population, labour & age

Population (2021)338
Labour force participation rate72%
Median age46.0
Avg household size2.6
Unemployment rate0%
Population density3755 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households14%
Couple families with children37%
Median household income (2020)$103K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority28%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

below average
880 sqft
0255075100
Same streetBottom 29%Same areaBottom 9%CitywideBottom 15%
Same street · Paddington Road
#183 / 256
Bottom 29% · Avg 1,128 sqft
Same area · River Park South
#3,293 / 3,617
Bottom 9% · Avg 1,410 sqft
Citywide · Winnipeg
#165,778 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
295k
0255075100
Same streetBottom 13%Same areaBottom 2%CitywideBottom 28%
Same street · Paddington Road
#222 / 256
Bottom 13% · Avg 364.8k
Same area · River Park South
#3,550 / 3,617
Bottom 2% · Avg 447.2k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

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

Lot Size

below average
2,597 sqft
0255075100
Same streetBottom 14%Same areaBottom 2%CitywideBottom 6%

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

225 Paddington Road — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 147 m).

Search radius
🌳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

225 Paddington Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 225 Paddington Road, Winnipeg

Property Overview: 225 Paddington Road, River Park South, Winnipeg

Key Characteristics & Appeal

This 880 sqft bungalow, built in 1978, presents a practical and affordable entry point into Winnipeg’s River Park South neighborhood. Its key characteristic is value: with an assessed value of $295k, it sits notably below area averages for both price and living space. This positions it not as a premium property, but as a functional home with immediate appeal for specific buyers.

The appeal lies in its affordability within a established, family-oriented community. It suits first-time homebuyers, downsizers, or investors seeking a lower-cost holding with rental potential. The modest lot size (2,597 sqft) translates to less maintenance, which can be a benefit for those seeking simplicity. A thoughtful perspective is that its older construction date (1978) is actually closer to the city-wide average than the newer neighborhood norm, potentially indicating well-understood construction methods and materials common for its era. While it ranks below average in most metrics for its immediate street and area, this is precisely what creates its accessible price point—offering a trade-off of space for location and a manageable financial footprint.

Frequently Asked Questions

1. Is this a good value for the area?
Based on assessed values, this home is priced significantly below the neighborhood average, suggesting a lower entry cost for River Park South. However, the living area and lot size are also correspondingly smaller than typical for the area.

2. What type of buyer is this home best suited for?
It is well-suited for first-time buyers prioritizing location within a budget, empty-nesters looking to downsize, or investors considering a long-term rental property in a stable neighborhood.

3. How does the year built (1978) compare?
The home is older than most in River Park South, where the average build year is around 1990. However, it is slightly newer than the Winnipeg city-wide average for comparable homes. This may mean systems and components are at an age where updates or inspections are prudent.

4. Can I get the exact sale history for this property?
The public data provided does not show a detailed transaction history. The site offers a manual lookup service where you can request exact sold price figures and history via email from their team.

5. How does it compare to nearby homes on Paddington Road?
Compared to other homes on its own street, it has a below-average living area, assessed value, and lot size. This is reflected in comparable listings like 199 Paddington Road (similar size and value) and 166 Paddington Road (slightly larger and higher-valued).

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