65.5
Good
Property score
65.5
Good
Overall 65.5
Smaller than most nearby homes
1,090 sqft (bottom 30%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 66%Chinese · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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65.5 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: #46111007
$90K
Median household income
$92K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
27%
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
3 Paddington Road — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 377 m), 2 parks (nearest 397 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%
Local garbage, recycling, and yard waste pickup schedule for 3 Paddington Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 16% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 3 Paddington Road in Winnipeg's River Park South neighborhood presents a solid, middle-of-the-road offering. Built in 1984, it sits on a slightly larger-than-average lot for its street. The house itself, at 1,090 sqft, is typical for the area, and its assessed value of $355k is generally in line with city-wide averages but notably below the average for River Park South. This creates an interesting dynamic of being a standard home on its block while representing a more accessible price point within the broader, more expensive neighborhood.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance and established setting. It’s not an outlier in size or value, which can be reassuring for buyers seeking a stable, predictable community. The lot size (4,454 sqft) is above the street average, offering a bit more outdoor space than some immediate neighbors. A thoughtful perspective is that its "around average" metrics across the board suggest lower risk of overpaying relative to its immediate surroundings, while its below-average valuation for River Park South could indicate a value opportunity to enter a desirable neighborhood.
It would suit pragmatic first-time buyers or downsizers who prioritize a manageable size, a established neighborhood character, and a sensible financial footprint over standout luxury or extensive renovation projects. It’s a home for someone comfortable with a property that reflects the local norm.
Frequently Asked Questions
1. Is this house a good value for the River Park South area?
Based on assessed values, this home is priced below the neighborhood average, potentially offering a more affordable entry point into the area compared to many surrounding properties.
2. How does the living space compare to nearby homes?
At 1,090 sqft, the living area is very close to the average for Paddington Road itself and is typical for a home of this era in Winnipeg, though slightly smaller than the current neighborhood average.
3. What is the history of sold prices for this property?
Public records indicate it last sold between $300k-$350k in August 2016. For fully verified and exact historical transaction figures, a manual lookup through the site is required.
4. Is the lot a good size?
Yes. The lot is over 4,450 sqft, which is larger than the average lot on Paddington Road, providing more yard space than many direct neighbors.
5. How does the year built affect this home?
Built in 1984, it is newer than many Winnipeg homes and slightly newer than the average on its street. Buyers should be prepared for maintenance and updates consistent with a home approaching 40 years old.
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