Property score
67.4
Good
Overall 67.4 · 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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67.4 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
440 Paddington Road — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 328 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 39% | Bottom 16% | Bottom 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 2% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Paddington Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,216 sqft home, built in 1979, presents a practical opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its value positioning. The home's assessed value ($284k) is notably below averages for its street, neighborhood, and the wider city, suggesting a potentially more accessible entry point into the area. The living space is modest but efficient, ranking above average for its own street.
The property suits buyers prioritizing location within a established neighborhood over size, as both the home and its lot (2,503 sqft) are compact compared to area norms. It would appeal to first-time buyers, downsizers, or investors seeking a lower-cost foothold in a stable community. A thoughtful perspective is that its below-average metrics might allow for future value growth through updates, without immediately over-improving relative to the immediate area. The home’s age places it in a cohort where major components may be due for renewal, which is a consideration for buyers weighing initial price against potential near-term investment.
Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. It primarily indicates the property is valued lower than many nearby homes, which could be due to its smaller size, lot dimensions, or condition. It creates a value proposition but warrants a thorough inspection to understand the specific reasons.
2. How does the lot size impact living here?
The lot is significantly smaller than area averages, meaning lower maintenance—a plus for some. However, it also means limited space for expansions, large decks, or extensive landscaping.
3. What does the sale history tell us?
The home sold in 2022 and 2016. The 2022 sale price ranked in the top 60-84% of area sales, showing it commanded a fair market price at that time, despite its lower assessed value. This suggests the assessment may lag behind market perceptions.
4. Are the nearby comparison properties similar?
The listed nearby homes vary. Some have similar living area but higher assessed values, while others are larger and significantly more valuable. This highlights that 440 Paddington Road sits at the more modest end of the spectrum in its immediate vicinity.
5. How can I verify the exact past sale prices?
The site provides estimated price ranges. Due to industry rules, exact MLS sale figures are not published here. You can request the exact historical sold prices via email from the site provider, who will manually look them up and send them to you.
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