69.2
Good
Property score
69.2
Good
Overall 69.2
Older than most nearby homes
1,192 sqft (bottom 38%)
Built in 1981 (9 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 parks, 1 sports facility, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
9 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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69.2 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
333 Paddington Road — 5 amenities found within 500 m, across 3 categories, including 2 parks (nearest 128 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 15% | Top 47% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 333 Paddington Road, Winnipeg
Key Characteristics & Appeal
This 1981 home in River Park South presents a solid, middle-of-the-road option in the Winnipeg market. With 1,192 sqft of living space and an assessed value of $380k, it consistently ranks as "around average" compared to other homes on its own street and city-wide. Its appeal lies in this very stability—it’s a predictable, no-surprises property in a mature neighbourhood. The lot size (3,498 sqft) is notably smaller than most in River Park South, which could mean less yard maintenance but also less private outdoor space.
A thoughtful perspective is that this home may offer relative value within its immediate neighbourhood. Its assessed value sits below the River Park South average, potentially providing a more affordable entry point into the area. It would suit pragmatic, first-time buyers or downsizers looking for a manageable home without extreme highs or lows in its metrics. It’s for those who prioritize neighbourhood over lot size and seek a home that aligns closely with typical market benchmarks.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $350k-$400k in May 2023, a price that placed it in the top 15% of sales on Paddington Road at the time, suggesting it was a strong performer. Exact sold prices require a manual lookup from the site.
2. Is the smaller lot size a concern?
The lot is smaller than about 93% of properties in River Park South. This translates to less yard upkeep but also limits expansion potential and private outdoor space compared to neighbours.
3. What does the "around average" ranking mean for resale?
The home’s metrics (size, value, year built) are consistently typical for its street and the city. This can be an advantage, as it likely appeals to the broadest pool of buyers, but it also means it doesn’t stand out with exceptional features.
4. How does the assessed value relate to likely market price?
The $380k assessment is very close to the city-wide average for comparable homes. In a stable market, this often aligns with expected listing prices, but a professional appraisal and market analysis are always recommended.
5. What are the implications of the 1981 build year?
Built in 1981, the home is newer than many in Winnipeg but slightly older than the average in River Park South. Buyers should budget for updates common to homes of this era, such as windows, roofing, or major systems, which may be nearing the end of their typical lifespan.
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