Property score
66.5
Good
Overall 66.5 · Older than most nearby homes
1,216 sqft (bottom 42%) · Built in 1979 (11 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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66.5 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: #46110494
$83K
Median household income
$97K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
30%
Single-person households
23%
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
436 Paddington Road — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 321 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 46% | Bottom 23% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 436 Paddington Road, Winnipeg
Key Characteristics & Appeal
This 1,216 sqft home on Paddington Road in River Park South presents a distinct value proposition within its market. Built in 1979, its living space is modest but efficient, ranking above average for its own street. The primary appeal lies in its significantly lower assessed value ($282k) compared to area averages, suggesting a potentially more accessible entry point into the neighborhood. The lot size is compact at 2,498 sqft, which means lower maintenance but less private outdoor space—a trade-off that defines this property.
This home would suit first-time buyers or practical downsizers seeking affordability in a well-established suburban area. It’s for those who prioritize financial efficiency and a manageable footprint over size and expansive yards. A thoughtful perspective is that its below-average metrics in value and lot size, while often seen as drawbacks, could represent a stable, lower-risk holding in a neighborhood where other homes are assessed much higher, potentially insulating against market volatility.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
While specific reasons aren't listed, a lower assessment can stem from factors like the home's age, its more compact lot size, modest living area, or interior finishes that haven't been updated to the same standard as neighboring properties. It's a key point for further investigation.
2. Is the smaller lot size a major disadvantage?
It depends on your lifestyle. The yard requires less time and money to maintain, which is a plus for busy owners. However, it offers less space for gardening, recreation, or future expansions like a large deck or addition.
3. How does the sold price range compare to the assessed value?
The home sold for an estimated $300k–$350k, which is above its $282k assessed value. This is common, as market sale prices often differ from municipal assessments, which are used for tax purposes and may lag behind current market values.
4. What does the "above average" living area for the street mean?
While the home is smaller than the broader neighborhood and city averages, it actually has more living space than most directly comparable homes on Paddington Road itself. This indicates the homes on this specific street tend to be cozy, and this property is one of the more spacious among them.
5. Where can I get the exact sold price and history?
Due to industry data rules, exact MLS sold records are not displayed here. You can request the verified sale history directly via the email option provided on the listing page for a manual lookup.
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