64.2
Fair
Property score
64.2
Fair
Overall 64.2
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 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
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)
1,302
451k
$355/sqft
1990
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64.2 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: #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
603 Paddington Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 294 m), 1 parks (nearest 335 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 29% | Bottom 34% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 603 Paddington Road, Winnipeg
Key Characteristics & Buyer Appeal
This 1985-built home in River Park South presents a practical opportunity in a mature neighborhood. At 866 sqft, the living space is notably compact compared to area averages, suggesting a efficient, manageable layout. Its primary appeal lies in its value proposition: with an assessed value of $377k, it sits below the neighborhood average, offering a more accessible price point within the community. The lot size of 4,757 sqft is a standout feature for the street, providing above-average outdoor space relative to immediate neighbors—a valuable asset for gardening, play, or future expansion.
The home would suit first-time buyers seeking entry into a stable area without a premium price tag, or downsizers looking for a low-maintenance property with a generous yard. It’s a property where the value is grounded in the land and location more than the size of the dwelling, appealing to those who prioritize outdoor space over interior square footage. A thoughtful perspective is that its smaller size and older, but not historic, construction year could mean lower utility costs and a simpler renovation canvas compared to larger, more complex homes.
Frequently Asked Questions
1. Is the living area too small?
At 866 sqft, the home is significantly smaller than the neighborhood average. It suits efficient living and may feel cramped for a growing family, but it is manageable for individuals, couples, or those looking to downsize.
2. How does the assessed value compare?
The $377k assessment is around the city-wide average but below the River Park South neighborhood average. This suggests you may be paying less for the location than you would for many other homes in the area.
3. What is the lot size advantage?
The 4,757 sqft lot is larger than most on Paddington Road. This provides more private outdoor space than typical for the street, which is a key perk for this property.
4. When was it last sold and for how much?
Records show it sold between September 2021 for a price in the CA$300k–350k range. For verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. Are the sold prices shown from the MLS?
No. The sold price data here is from public online sources, not the MLS. The site does not display MLS records due to association rules. For fully verified transaction history, you need to contact them directly for a manual search.
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