579 Paddington Road

River Park South, Winnipeg

63.6

Fair

Overall 63.6

Smaller than most nearby homes

866 sqft (bottom 5%)

Built in 1985 (5 yrs older than avg)

Located in a high-income area

with median household income of ~131k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 school, and 1 park nearby

Living Area

Below average

39% 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)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

63.6 is composed by the two sections below.

Property Score

45.6Low
Living Area866 sqft32Low
Year Built198573Good
Lot Size4,397 sqft53Fair
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110501

Community deep dive

$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

Population, labour & age

Population (2021)1,135
Labour force participation rate74%
Median age38.4
Avg household size3.2
Unemployment rate4%
Population density3242 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children49%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

below average
866 sqft
0255075100
Same streetBottom 12%Same areaBottom 5%CitywideBottom 14%
Same street · Paddington Road
#225 / 256
Bottom 12% · Avg 1,128 sqft
Same area · River Park South
#3,420 / 3,617
Bottom 5% · Avg 1,410 sqft
Citywide · Winnipeg
#167,743 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
371k
0255075100
Same streetTop 44%Same areaBottom 20%CitywideTop 47%
Same street · Paddington Road
#112 / 256
Top 44% · Avg 364.8k
Same area · River Park South
#2,906 / 3,617
Bottom 20% · Avg 447.2k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 15%Same areaTop 45%CitywideTop 29%

Lot Size

around average
4,397 sqft
0255075100
Same streetTop 38%Same areaBottom 25%CitywideBottom 32%

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

579 Paddington Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 268 m), 1 parks (nearest 357 m).

Search radius
🏫Education1
🌳Parks1

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 7/2020CA$300k–350k
Sold price

Same street

Bottom 43%

Same area

Bottom 19%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 579 Paddington Road, Winnipeg

Property Overview: 579 Paddington Road, Winnipeg

Key Characteristics & Appeal

This 1985-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 866 square feet of living space, it is notably compact compared to area averages, placing it in the top tier for efficiency within its immediate vicinity. Its assessed value of $371,000 is very close to the street and city-wide averages, suggesting a fairly priced offering for the location.

The primary appeal lies in its value proposition and low-maintenance potential. The lot size is generous for the street, and the home's age is above average city-wide, indicating a mature property in a settled community. It would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost property in a stable area. A thoughtful perspective is that its smaller size and efficient lot could mean lower utility costs and less upkeep, freeing up budget for updates or savings. It’s a home that prioritizes location and lot over square footage, appealing to those who see potential in a manageable footprint.

Frequently Asked Questions

1. Is this home significantly smaller than others in the area?
Yes. At 866 sqft, the living area is below the neighborhood average. However, on its own street, it ranks in the top 88% for efficiency, meaning many nearby homes are also of a similar, more compact scale.

2. How does the assessed value compare to recent sale prices?
The home last sold between $300,000-$350,000 in mid-2020. The current assessed value of $371,000 is moderately higher, aligning closely with current street and city-wide averages for similar properties.

3. What is the land size, and is it typical?
The lot is 4,397 sqft. This is larger than the average lot on Paddington Road but smaller than the broader neighborhood average. It offers a good balance of outdoor space without excessive maintenance.

4. Are there many similar homes nearby?
Yes. The street and immediate area feature several homes built in the same era with comparable square footage and assessed values, as shown in the nearby property list, indicating a consistent character for the block.

5. How can I verify the exact historical sale price?
The site provides sold price ranges for general reference. To obtain the exact, verified sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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