716 Paddington Road

River Park South, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Larger and newer than most nearby homes

1,694 sqft (top 25%) · Built in 2010 (20 yrs newer than avg)

Located in a high-income area with median household income of ~160k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 3%

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

84.0 is composed by the two sections below.

Property Score

79.6Good
Living Area83
1,694 sqftExcellent
Year Built90
2010Excellent
Lot Size53
4,406 sqftFair
Neighbourhood Sales Activity76
Good

Community Score

90.5Excellent
Household Income95
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111259

Community deep dive

$160K

Median household income

$164K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

3%

Single-person households

70%

Families with children

Population, labour & age

Population (2021)574
Labour force participation rate71%
Median age32.4
Avg household size3.8
Unemployment rate3%
Population density5218 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households3%
Couple families with children70%
Median household income (2020)$160K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$464K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority46%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Chinese · 3%

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

Rankings

Living Area

above average
1,694 sqft
0255075100
Same streetTop 6%Same areaTop 25%CitywideTop 21%
Same street · Paddington Road
#16 / 256
Top 6% · Avg 1,128 sqft
Same area · River Park South
#905 / 3,617
Top 25% · Avg 1,410 sqft
Citywide · Winnipeg
#41,243 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetTop 9%Same areaTop 34%CitywideTop 24%
Same street · Paddington Road
#24 / 256
Top 9% · Avg 364.8k
Same area · River Park South
#1,223 / 3,617
Top 34% · Avg 447.2k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 11%

Lot Size

around average
4,406 sqft
0255075100
Same streetTop 36%Same areaBottom 26%CitywideBottom 33%

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

716 Paddington Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 276 m).

Search radius
🌳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

716 Paddington Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 716 Paddington Road, Winnipeg

Property Overview: 716 Paddington Road, River Park South, Winnipeg

Key Characteristics & Appeal

This 2010-built home on Paddington Road offers a modern living space that stands out in its immediate area. With 1,694 sqft of living area, it is notably larger than most homes on its street and exceeds both neighborhood and city averages. Its assessed value of $474K is also above average for the street and city, positioning it as a premium offering in its local context. The lot size is typical for Paddington Road but is smaller than the broader neighborhood average, suggesting a lower-maintenance yard.

The primary appeal lies in its modern construction and spacious interior relative to its surroundings. It suits buyers looking for a home that requires less immediate upkeep due to its age, and who value more indoor living space over a large yard. It’s a strong option for professionals or small families seeking a move-in-ready property in a mature neighborhood, offering a balance of contemporary comforts within an established community.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
Exact sold prices are not published on this site due to data restrictions. However, you can request a manual lookup of the full transaction history by email, and we will provide the most accurate available information.

2. Is the lot size a disadvantage?
While the land area is smaller than the River Park South neighborhood average, it is consistent with the typical lot on Paddington Road. This often translates to less yard maintenance, which can be an advantage for buyers seeking a more manageable outdoor space.

3. The assessed value seems high for the street. Why?
The assessed value reflects the home’s above-average living area and newer construction (2010) compared to the street’s average home built in 1985. It indicates a property with more modern features and square footage, justifying its premium.

4. What are the implications of the home being built in 2010?
A 2010 build date means major components like the roof, furnace, and windows are likely still within their typical lifespan, potentially reducing near-term capital repair costs compared to older homes in the area.

5. Can I see how this property compares visually to its neighbors?
Yes. You can open the neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, living area, and lot size.