Property score
83.8
Excellent
Overall 83.8 · Larger and newer than most nearby homes
1,662 sqft (top 27%) · Built in 2006 (16 yrs newer than avg)
Located in a high-income area with median household income of ~147k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Above average
16 yrs newer 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
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83.8 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: #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
688 Paddington Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 352 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 2% | Top 15% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 688 Paddington Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 688 Paddington Road presents a compelling opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its strong, above-average metrics in a well-established area. Built in 2006, the property is notably newer than most comparable homes on its street and across the city, suggesting modern construction and potentially lower near-term maintenance costs.
The 1,662 sqft living area is a significant standout, ranking in the top 7% on Paddington Road itself and offering more space than the average home in the neighborhood and city. This is paired with an assessed value of $490k, which also ranks highly, indicating a perception of quality and desirability that outpaces many direct comparisons. While the lot size is more typical for the street, it is smaller than the neighborhood average—a trade-off for a larger, newer home on a mature street.
This property would ideally suit buyers seeking a move-in ready, spacious family home in a settled community without the premium of a brand-new build. It appeals to those who value data-backed performance, as the home consistently ranks above local and city averages for size, value, and age. It’s a practical choice for someone looking for a home that has already demonstrated solid market standing relative to its peers.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is slightly above average for Paddington Road, it is below the broader neighborhood average. This typically means a lower-maintenance yard but may be a consideration for buyers prioritizing extensive outdoor space.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a useful benchmark. The home's last sold price (2022) was between $500k-$550k, and its assessed value ranks highly among peers, suggesting strong market value. However, current market conditions will ultimately determine the price.
3. What does the "Above Average" ranking for the year built mean for me?
Built in 2006, this home is newer than about 93% of homes on its street. This often translates to modern building standards, more contemporary layouts, and major systems (like roof, HVAC) that are further from the end of their typical lifespans compared to older stock.
4. The home sold recently in 2022. Why might it be back on the market?
The provided data does not indicate if the home is currently for sale. This summary is based on its historical sale and assessment profile. A short ownership period could relate to many personal circumstances and does not inherently reflect on the property.
5. How can I get the exact historical sale price?
The public data shown provides a price range. Due to industry regulations, exact sale prices are not published online here. You can request the precise figures via email from the site provider, who will manually retrieve and send the information.
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