64.0
Fair
Property score
64.0
Fair
Overall 64.0
Smaller than most nearby homes
980 sqft (bottom 18%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~101k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 school nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 7%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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64.0 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: #46110504
$101K
Median household income
$119K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
Single-person households
36%
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
510 Paddington Road — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 362 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%
Local garbage, recycling, and yard waste pickup schedule for 510 Paddington Road.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Bottom 20% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 510 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This 1985-built home on Paddington Road presents a practical and affordable entry point into Winnipeg’s River Park South neighborhood. With 980 sqft of living space and an assessed value of $347k, it sits comfortably around the average for its own street but is notably more affordable than the broader neighborhood average. Its appeal lies in its relative value within a mature, established area. The lot size is typical for the street, and the home's age is actually above average compared to many Winnipeg properties.
This property would suit first-time buyers or downsizers seeking a manageable, lower-maintenance home without sacrificing location in a popular suburban community. It’s a sensible choice for those who prioritize financial accessibility over square footage, offering a chance to live in a well-regarded area at a price point below the neighborhood norm. A less obvious perspective is that its "around average" metrics on its own street suggest it fits right into the local fabric—it’s not an outlier, which can be a stability advantage. However, buyers should be prepared for living space that is compact compared to many modern homes and newer subdivisions.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in River Park South?
The home’s assessed value is below the neighborhood average. While it ranks around average city-wide and on its specific street, it sits in a more affordable tier within River Park South, where average values are significantly higher.
2. Is the living space smaller than typical homes?
Yes. At 980 sqft, the living area is below the averages for both the River Park South neighborhood and the city of Winnipeg. It is, however, closer to the average size found specifically on Paddington Road itself.
3. What is the significance of the 1985 build year?
Built in 1985, this home is newer than the average Winnipeg home. On its street, it’s actually above average, ranking in the top 15%. This suggests the immediate area developed around a similar time, offering neighborhood consistency.
4. How reliable is the sold price data shown?
The displayed sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the nearby properties like?
Adjacent properties on Paddington Road are very similar in age and style, creating a uniform streetscape. The provided comparisons show nearby homes with a range of sizes and values, indicating that while this home is on the more compact and affordable end, it is not unusual for the immediate vicinity.
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