55.2
Fair
Property score
55.2
Fair
Overall 55.2
Smaller and older than most nearby homes
760 sqft (bottom 1%)
Built in 1982 (8 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 88.0
1-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
46% smaller than neighborhood avg.
Year Built
Below average
8 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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55.2 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: #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
36 Paddington Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 238 m), 2 parks (nearest 283 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 41% | Bottom 17% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
36 Paddington Road is a modest, single-story home in Winnipeg's River Park South neighborhood. Its key characteristic is its compact size, with a living area of 760 sqft that is notably below average for both the street and the wider area. Built in 1982, the home sits on a standard lot for its street but a smaller-than-average lot for the neighborhood.
The primary appeal lies in its position as a more affordable entry point into a stable, established community. With an assessed value of $342k—below the neighborhood average but aligned with city-wide benchmarks—it represents a value-conscious option. This property would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance footprint without leaving a well-regarded suburban area. A thoughtful perspective is that its smaller size and lot could mean lower utility costs, property taxes, and upkeep effort compared to larger homes nearby, offering a simpler, more efficient lifestyle.
1. Is the home significantly smaller than others in the area?
Yes. At 760 sqft, the living area is well below the averages for River Park South (~1,410 sqft) and even for Paddington Road itself (~1,128 sqft). This indicates a cozy, efficient layout.
2. How does the assessed value compare?
The assessed value of $342k is fairly typical for the street and city-wide, but it is meaningfully below the River Park South neighborhood average of ~$447k. This suggests the home is priced for its condition and size within a generally higher-valued area.
3. What is the lot size?
The lot is 3,698 sqft, which is average for Paddington Road but below the neighborhood average. This means smaller outdoor maintenance, which can be a plus for some buyers.
4. Are recent sale prices available?
The home sold in mid-2020 for an estimated $300k–$350k. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS data.
5. How does it compare to nearby homes?
Direct neighbors on Paddington Road are very similar in age and value. However, compared to the broader River Park South area, this home is typically older, smaller, and on a smaller lot, which is reflected in its below-average assessment for the neighborhood.
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