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
235 Paddington Road — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 124 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 13% | Bottom 3% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 235 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 primary appeal lies in its value proposition: with an assessed value notably below the area average, it offers a lower financial barrier to homeownership in a well-established community. The home suits first-time buyers, downsizers, or investors seeking a manageable property with solid fundamentals. While its living space and lot size are compact compared to neighbors, this translates to less maintenance and lower utility costs—a thoughtful trade-off for those prioritizing efficiency and simplicity. Its city-wide assessed value ranking is around average, suggesting it’s priced appropriately within the broader Winnipeg market, even while being a more modest offering in its immediate area.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. At 880 sqft, the living area is below the average for both the street (1,128 sqft) and the wider River Park South neighborhood (1,410 sqft). This indicates a cozier, more efficient layout.
2. How does the assessed value compare?
The assessed value is below the street and neighborhood averages, but aligns more closely with the city-wide average for Winnipeg. This suggests you are paying a premium for the location, but a reduced one relative to larger homes nearby.
3. What is the lot size?
The land area is 2,596 sqft, which is smaller than most properties on Paddington Road and in River Park South. This means a more manageable yard with less outdoor upkeep.
4. When did it last sell and for approximately how much?
Public records indicate a sale between June 2019, with a price in the CA$250,000–$300,000 range. Exact figures require a manual lookup.
5. Are there similar homes nearby for comparison?
Yes. The listing references several nearby properties on Paddington Road and surrounding streets with similar year-built and square footage, though many have higher assessed values, underscoring this property’s relative affordability.
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