68.9
Good
Property score
68.9
Good
Overall 68.9
Older than most nearby homes
1,162 sqft (bottom 37%)
Built in 1981 (9 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
18% smaller than neighborhood avg.
Year Built
Below average
9 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
68.9 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
46 Paddington Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 215 m), 2 parks (nearest 245 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 34% | Bottom 32% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established 1981 home in River Park South presents a practical and affordable entry point into Winnipeg’s housing market. With 1,162 sqft of living space and a 3,643 sqft lot, its size is comfortably average for its immediate street but sits on a more modest parcel compared to many homes in the wider neighbourhood. This balance offers manageable upkeep without feeling cramped.
The primary appeal lies in its value positioning. With an assessed value of $343k, it is priced notably below the River Park South area average, suggesting a relative value opportunity within a desirable community. It recently sold within the $300k-$350k range, aligning with this assessment. The home suits first-time buyers seeking a foothold in a mature suburb, or investors looking for a stable rental property. Its average metrics on its own street indicate it fits seamlessly into the local streetscape, offering a sense of consistency rather than standing out as an outlier. A thoughtful perspective is that its smaller lot, while below area averages, translates to less maintenance—a potential draw for busy professionals or downsizers who still want a detached home but wish to minimize yard work.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for the broader River Park South area, but is much closer to the average for Paddington Road itself. This suggests you are acquiring a home at a value relative to its immediate surroundings, potentially offering more square footage or a better condition for the price compared to some area homes.
2. Is the lot size a disadvantage?
While the land area is smaller than many lots in River Park South, it is near the average for Paddington Road. This means the neighbourhood character on this street is defined by more compact lots, which can foster a closer-knit street atmosphere and requires less maintenance.
3. What does the "below average" ranking for Year Built in the area mean?
Built in 1981, this home is older than many in River Park South. However, it is around average for the city overall. This typically indicates a mature property where major systems may have been updated over time, and the neighbourhood’s landscaping and trees are well-established.
4. Where can I see exact historical sold prices for this property?
The provided sold price is an estimated range. To obtain fully verified and exact sale figures, you must request a manual lookup via email through the SaveOnHouse website, as this data is not sourced from the MLS.
5. How does the living space compare to a typical Winnipeg home?
At 1,162 sqft, the living area is slightly below the city-wide average but is very typical for this specific street. It represents a efficient layout that meets the needs of small families, couples, or individuals without the excess space that can increase costs and cleaning.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
