75.6
Good
Property score
75.6
Good
Overall 75.6
Compared with neighbourhood average
1,250 sqft (bottom 44%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~147k
Transit 74.0
3-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
Near average
11% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 7%
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
75.6 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: #46111258
$147K
Median household income
$154K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
10%
Single-person households
51%
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
598 Paddington Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 339 m), 1 parks (nearest 392 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 17% | Bottom 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 598 Paddington Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,250 sqft bungalow, built in 1985, presents a solid, middle-ground option in Winnipeg’s River Park South neighborhood. Its primary appeal lies in offering above-average space and a newer build year compared to most homes on its own street and across the city, all at an assessed value that sits comfortably around the citywide average.
The home stands out on Paddington Road, ranking in the top quarter for living area and top 15% for its newer year of construction. It also sits on a larger-than-average lot for the street. This creates a value proposition for buyers seeking a well-sized, relatively modern home on a established street without a premium price tag. However, perspective is key: while it compares favorably on its immediate street, its lot size and assessed value are below the broader neighborhood averages, suggesting it may be a more modest offering within River Park South as a whole.
This property would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize interior space and a newer build over a sprawling yard. It’s for someone looking for a comfortable home in a mature neighborhood, who finds appeal in being above average on their own block rather than competing with the largest homes in the area.
Frequently Asked Questions
1. Is this home a good value for the neighborhood?
Based on assessed value, this home is priced below the River Park South average, while offering a living area that is close to the neighborhood norm. This could indicate a relative value, especially for buyers who prioritize indoor space over lot size.
2. How does the lot size impact this property?
At 4,498 sqft, the lot is generous for Paddington Road but smaller than the typical lot in River Park South. This means manageable outdoor maintenance, but may limit expansion potential or privacy compared to other area homes.
3. What does the year built (1985) mean for a buyer?
A 1985 build is newer than the average Winnipeg home. Buyers can expect modern construction standards, but should still be prepared for the potential need to update original components, such as roofing, windows, or major systems, which are nearing or past a 40-year lifespan.
4. How reliable are the sold price ranges shown?
The site states sold price data is from public online sources, not the MLS, and is presented in broad ranges for non-members. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. Who might this home not suit?
Buyers seeking a large, private backyard or a home with top-tier finishes and size within the River Park South neighborhood may find this property too modest. Its value is more apparent when compared to its immediate street than to the wider, higher-average 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.
