75.3
Good
Property score
75.3
Good
Overall 75.3
Compared with neighbourhood average
1,207 sqft (bottom 40%)
Built in 1983 (7 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 4%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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75.3 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: #46110496
$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
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
226 Paddington Road — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 479 m), 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 40% | Bottom 17% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 226 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated River Park South home, built in 1983, presents a solid, middle-ground option in the Winnipeg market. Its primary appeal lies in offering above-average space and value within its immediate locale. With 1,207 sqft of living area, the home is very typical for its street and slightly below the neighborhood average, but it stands out with a larger-than-average lot size (5,001 sqft), ranking in the top 10% on Paddington Road. This suggests better outdoor space potential than many direct neighbors.
The assessed value of $406k is notably above the street average, indicating perceived value and possibly recent updates or favorable attributes not detailed in the raw data. It suits practical buyers looking for a established community without extreme premiums—those who prioritize a decent-sized yard and a home that holds its own in value on the block over having the newest or largest house in the wider area. It’s a property that represents stability rather than a standout bargain or a luxury purchase, ideal for someone content with a neighborhood’s average offerings but appreciating a bit more land.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last known sale price?
The home sold in June 2019 for a price between $300k and $350k. The current assessed value of $406k is significantly higher, reflecting market changes and possibly improvements made since that sale.
2. Is the lot size a major advantage?
Yes, particularly on this street. The lot is over 1,000 sqft larger than the street average, offering more private outdoor space than most comparable homes nearby—a valuable but less obvious perk.
3. How does this home rank for its age?
Built in 1983, it is slightly newer than the Winnipeg city average but typical for the River Park South neighborhood. This suggests it likely has modern enough infrastructure while potentially having the mature landscaping of an established area.
4. What do the "around average" rankings mean for livability?
They indicate this is not an outlier. You are getting a home very representative of the community in terms of size and era, which can mean predictable maintenance costs and neighborhood character, but not necessarily unique features.
5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed due to industry rules. They offer a manual lookup service via email to provide full transaction history and exact figures upon request.
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