60.0
Fair
Property score
60.0
Fair
Overall 60.0
Smaller and older than most nearby homes
844 sqft (bottom 4%)
Built in 1981 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
40% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 61%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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60.0 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: #46110492
$83K
Median household income
$84K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
34%
Single-person households
19%
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
32 Paddington Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 248 m), 2 parks (nearest 299 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 | Top 31% | Bottom 33% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Paddington Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1981-built home in River Park South presents a practical opportunity centered on value and land. At 844 sqft, the living space is notably compact, ranking below average for the street, neighborhood, and city. This defines the property’s core characteristic: it is a more modestly sized home on a relatively generous 4,658 sqft lot, which ranks well above the street average.
Its primary appeal lies in its efficient scale and established location. The assessed value of $381k is around the city average and slightly above the street average, suggesting a stable valuation. A previous sale between $300k-$350k in late 2021 indicates a history of being a more accessible entry point into the area. The appeal is not in grandeur, but in offering a foothold in a mature neighborhood with a lot size that provides flexibility—potential for outdoor space, gardening, or future expansion subject to approvals.
This property would best suit first-time buyers or downsizers seeking lower maintenance without sacrificing yard space. It’s a pragmatic choice for those comfortable with a cozy interior who prioritize location and lot potential over square footage. It may also attract value-oriented investors or buyers viewing the lot itself as a long-term asset in a community of generally larger, newer homes.
Frequently Asked Questions
1. Is the house too small?
At 844 sqft, it is significantly smaller than most homes in River Park South. It suits efficient living for one or two people but would feel cramped for a family needing multiple bedrooms or dedicated work-from-home spaces.
2. How does the lot size compare?
The lot is a key feature. At 4,658 sqft, it is larger than most on Paddington Road, offering more private outdoor space than you might expect for the price and home size.
3. What does the assessed value tell us?
The $381k assessment is close to the Winnipeg average. Being above the street average but below the neighborhood average suggests the property is valued more for its land and location than for its dwelling size.
4. Are there recent sales for comparison?
The home sold in late 2021 for an estimated $300k-$350k. For exact, verified sale prices and history, a manual lookup is required through the site, as MLS data is not displayed.
5. What are the less obvious considerations?
Built in 1981, the home is older than the neighborhood average. Buyers should budget for updates common to homes of this era. Additionally, its smaller size and above-street-average lot could make it a candidate for a future renovation or addition, adding potential that isn't reflected in the current living area.
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