59.1
Fair
Property score
59.1
Fair
Overall 59.1
Smaller and older than most nearby homes
836 sqft (bottom 3%)
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
41% 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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59.1 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
353 Paddington Road — 5 amenities found within 500 m, across 3 categories, including 2 parks (nearest 140 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 33% | Bottom 13% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 353 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 353 Paddington Road is a compact, efficiently sized property built in 1981. Its key characteristic is its modest scale: at 836 sqft, the living area is notably smaller than most homes in the immediate neighborhood and across Winnipeg. The lot size of 3,498 sqft is also more compact than area averages. However, its assessed value of $347k is relatively aligned with the street average and sits below the broader neighborhood average, suggesting a potentially more accessible entry point into the River Park South area.
The appeal lies in this value proposition. It suits first-time buyers or downsizers seeking a lower-maintenance footprint without leaving a established, family-oriented neighborhood. It represents an opportunity to secure a location in a desirable area where the cost per square foot for land and location may be more favorable than for larger homes on the street. The home’s age is typical for the street, indicating consistency with the area’s development period. A thoughtful perspective is that a smaller, well-maintained home on a modest lot can offer financial efficiency—lower utility costs, property taxes, and upkeep—freeing resources for renovations, travel, or investment.
Section 2: Frequently Asked Questions
1. Is this the smallest house on the street?
While not the absolute smallest, it is significantly below the street average of 1,128 sqft, ranking in the top 3% for compact size (248th out of 256 homes).
2. How does the assessed value compare to recent sale prices?
The home last sold between $250k-$300k in 2016. Its current assessed value of $347k is around the street average ($364.8k) but below the River Park South neighborhood average of $447.2k.
3. What does the lot size mean for outdoor space?
At 3,498 sqft, the lot is about average for Paddington Road but smaller than many in the wider neighborhood. It’s suitable for a manageable yard with space for gardening or recreation, but not for extensive additions.
4. Is the property’s value driven more by the house or the land?
Given its smaller living area relative to the neighborhood, a greater portion of the value is likely attributed to the land and the location within River Park South, compared to larger homes where the structure contributes more.
5. Where can I get verified historical sale data?
The site provides estimated sold price ranges. For fully verified transaction history and exact figures, you must request a manual lookup via email, as MLS data is not displayed here due to industry rules.
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