Property score
72.2
Good
Overall 72.2 · Compared with neighbourhood average
1,264 sqft (bottom 46%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
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
72.2 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: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
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
479 Paddington Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 375 m), 1 parks (nearest 479 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 47% | Bottom 23% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home presents a solid, middle-ground option in Winnipeg's River Park South neighborhood. Built in 1984, it offers 1,264 sqft of living space on a 4,174 sqft lot, with a current assessed value of $373,000. The data suggests it's a property defined more by its practical positioning than by standout extremes, offering value through balance and established community context.
The primary appeal of this home lies in its relative strength within its immediate micro-market—Paddington Road itself. While its size and value are around the Winnipeg average, it ranks notably higher among its direct neighbors on the same street. Its living area is in the top 23% for the street, and it's slightly newer than the street average. This indicates it may offer better value or more space than many houses right around it, a key detail for everyday livability.
Its assessed value sits below the broader River Park South neighborhood average ($447.2k), which could signal an entry point into the area. The lot size is smaller than both neighborhood and city averages, suggesting a lower-maintenance yard, which can be a perk for some buyers.
This property would suit first-time buyers or downsizers looking for a manageable, established home in a stable area without a premium price tag. It’s for the buyer who prioritizes a sensible, move-in-ready footprint over expansive square footage or a large lot. A thoughtful perspective is that its "above average" standing on its own street might contribute to better long-term stability and neighbor satisfaction compared to a similar house on a more inconsistent block.
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2016. Current assessed value ($373k) is slightly above the street's average assessed value ($364.8k), placing it in the top 42% on Paddington Road. For exact historical sale prices, a manual lookup can be requested.
2. Is the living space adequate for a growing family?
At 1,264 sqft, it is above the average size for homes on Paddington Road. It provides a practical amount of space, likely suitable for a small to medium-sized family, but may feel compact for those needing multiple large bedrooms or dedicated recreational areas.
3. What are the implications of the smaller lot size?
The lot (4,174 sqft) is below the neighborhood average. This means less yard maintenance, which is a benefit for those seeking simplicity. However, it also offers less private outdoor space and potential for expansion compared to other lots in River Park South.
4. How does the year built (1984) affect the property?
Built in 1984, the home is newer than the Winnipeg average. This often means modern construction standards, but buyers should still budget for updates common to homes of this era, such as windows, roofing, or interior finishes nearing the end of their lifespan.
5. Why is the assessed value below the neighborhood average?
The assessed value ($373k) is below the River Park South average ($447.2k) primarily due to the home’s smaller lot size and potentially more modest living area compared to larger homes in the wider neighborhood. It reflects a different segment of the market within the same area.
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.
