442 Paddington Road

River Park South, Winnipeg

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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

66.5 is composed by the two sections below.

Property Score

59.5Fair
Living Area1,216 sqft66Good
Year Built197967Good
Lot Size2,493 sqft18Low
Neighbourhood Sales Activity76Good

Community Score

76.9Good
Household Income78Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110494

Community deep dive

$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

Population, labour & age

Population (2021)529
Labour force participation rate70%
Median age39.2
Avg household size2.3
Unemployment rate7%
Population density2784 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households30%
Couple families with children23%
Median household income (2020)$83K

Housing

Renter households19%
Condominium dwellings41%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority31%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,216 sqft
0255075100
Same streetTop 27%Same areaBottom 42%CitywideTop 49%
Same street · Paddington Road
#68 / 256
Top 27% · Avg 1,128 sqft
Same area · River Park South
#2,101 / 3,617
Bottom 42% · Avg 1,410 sqft
Citywide · Winnipeg
#94,598 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

below average
288k
0255075100
Same streetBottom 8%Same areaBottom 1%CitywideBottom 26%
Same street · Paddington Road
#235 / 256
Bottom 8% · Avg 364.8k
Same area · River Park South
#3,577 / 3,617
Bottom 1% · Avg 447.2k
Citywide · Winnipeg
#143,830 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1979
0255075100
Same streetBottom 32%Same areaBottom 12%CitywideTop 34%

Lot Size

below average
2,493 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

442 Paddington Road — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 336 m).

Search radius
🌳Parks2
Worship2

Crime & Safety

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%

Sales History

Sold 4/2024CA$300k–350k
Sold price

Same street

Top 38%

Same area

Bottom 30%

City-wide

Bottom 49%
Sold 11/2021CA$300k–350k
Sold price

Same street

Bottom 35%

Same area

Bottom 14%

City-wide

Bottom 39%
Sold 9/2017CA$200k–250k
Sold price

Same street

Bottom 12%

Same area

Bottom 2%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 442 Paddington Road, Winnipeg

Property Overview: 442 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 is notably below averages for its street, neighborhood, and the wider city, suggesting a potentially accessible entry point into the area. While the living space is competitive for the street, the lot size is compact, which translates to lower maintenance but less private outdoor space.

The property suits first-time buyers or downsizers seeking a cost-effective foothold in a stable community without the upkeep of a larger yard. Its recent sale history indicates steady market interest. A thoughtful perspective for buyers is to consider the trade-off: the below-average cost comes with a home that is older than most in the immediate area and sits on one of the smaller lots, which may influence future appreciation compared to larger properties nearby.


Frequently Asked Questions

1. Is this a good value compared to nearby homes?
The data indicates it is. The home’s assessed value ranks in the bottom 10% for the River Park South neighborhood and is significantly below the street average, meaning you may get more house for your money here than with neighboring properties.

2. How does the lot size impact the property?
The land area is considerably smaller than typical lots on the street and in Winnipeg. This means less exterior maintenance and lower property taxes, but also limited potential for expansions like large decks, additions, or extensive landscaping.

3. The home was built in 1979. Is that a concern?
It’s around the citywide average but older than most homes in River Park South. A pre-purchase inspection is especially important to understand the condition of major aging components like the roof, windows, and mechanical systems.

4. What does the sale history tell us?
The property has sold three times since 2017, each time at a higher price range, showing consistent demand. The most recent sale in early 2024 fell within the $300k-$350k range.

5. How can I verify the exact past sale prices?
The site does not display exact MLS sold figures. You can request the exact sold price history via email from the provider, who will manually look up and send the verified information.

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