70.8
Good
Property score
70.8
Good
Overall 70.8
Smaller than most nearby homes
1,084 sqft (bottom 29%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~131k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 67%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
70.8 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
555 Paddington Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 261 m), 1 parks (nearest 391 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 31% | Bottom 12% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 555 Paddington Road, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South presents a balanced, practical offering. At 1,084 sqft, its living space is typical for its street but modest for the wider neighborhood, suggesting a manageable layout. Its primary appeal lies in its strong value positioning: with an assessed value of $392k, it sits above the street average and aligns closely with the city average, indicating a solid investment for the area. The lot size of 4,397 sqft is generous compared to others on Paddington Road, offering above-average outdoor space for the immediate locale.
The home suits first-time buyers or downsizers seeking an established, no-surprises property in a stable community. It’s a sensible choice for those prioritizing lot size over interior square footage within a specific budget. A thoughtful perspective is that its "around average" metrics across many city-wide categories suggest a low-risk, predictable market entry point, avoiding the premium for top-tier stats or the compromises of the lowest tier. Its appeal is grounded in practicality and value consistency rather than standout luxury.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the last known sale was between 2020-2021 in the $250k-$300k range. The current assessed value of $392k is above the street average, suggesting perceived value growth. For verified, exact sale histories, a manual lookup is required.
2. Is the living space considered small for the area?
Yes, at 1,084 sqft, it is below the River Park South neighborhood average. However, it is very close to the average for homes on Paddington Road itself, meaning it fits the scale of its immediate surroundings.
3. What does the lot size ranking mean for outdoor space?
The lot is larger than many on its street (ranking in the top 38%), but below the neighborhood average. This means you likely have a more private yard than your direct neighbors, though it may not be as large as some lots in other parts of River Park South.
4. The home was built in 1985. What should I consider?
Its build year is newer than most in Winnipeg (top 29% city-wide) and typical for its street. This generally suggests potentially newer infrastructure (like plumbing and electrical) than many city homes, but a professional inspection for components like the roof, windows, and major systems is always recommended.
5. How current and accurate is the price and sale data provided?
Assessed values are official figures used for taxation. Sold price data is compiled from public sources, not the MLS, and is presented in ranges for non-members. For fully verified, exact transaction figures, you must request a manual lookup from the site.
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.
