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
259 Paddington Road — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 65 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 8% | Bottom 1% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 259 Paddington Road, Winnipeg
Key Characteristics & Buyer Appeal
This 880 sqft bungalow, built in 1978 on a 2,603 sqft lot in River Park South, presents a clear value-oriented opportunity. Its primary appeal lies in its accessible price point, underscored by an assessed value of $275k, which is notably below averages for its street ($364.8k) and neighborhood ($447.2k). This positions the home as one of the most affordable entry points into the area.
The property suits first-time buyers, downsizers, or investors seeking a lower-cost footprint in a well-established neighborhood. Its smaller scale means lower utility costs and less maintenance, which can be a practical advantage. A thoughtful perspective is that its "below average" size and value metrics relative to the immediate area may offer a buffer against market volatility and higher property taxes, providing a stable, manageable homeownership base. The home last sold between $200k-$250k in 2019, suggesting a history of being a value-driven option.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size and older age compared to nearby properties. It can be an advantage, potentially leading to relatively lower property taxes.
2. Who would this property not suit?
Buyers needing significant space, those prioritizing modern builds, or anyone expecting ample yard space. The lot size is smaller than most in River Park South.
3. How reliable are the sold price figures shown?
The provided sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
4. The home ranks low for size and value on its street. Does that matter?
This highlights it as a compact, economically distinct property on a street of larger, higher-value homes. It matters if you prioritize space and equity growth from the outset, but less so if affordability in a solid location is the main goal.
5. What are the next steps to get more precise information?
To see exact sold prices and detailed transaction history, use the site's email request feature. For a full market evaluation and to view the home, contact a licensed real estate agent.
