Property Overview: 132 Paddington Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,370 sqft home, built in 1979 on a 4,867 sqft lot, presents a solid, value-conscious option in the River Park South neighborhood. Its primary appeal lies in its strong positioning relative to its immediate street. The living area is notably above average for Paddington Road, offering more interior space than most direct neighbors, and the lot size is also generous for the street. With an assessed value of $383k, it sits close to the Winnipeg citywide average but is priced below the typical home in River Park South, suggesting a potential value opportunity within the broader neighborhood.
The home would suit practical buyers looking for a well-sized property in an established area without paying a premium for a newer build. It’s a fit for those who prioritize space and lot size on their specific street over having the newest home in the wider area. The data indicates a property that stands out favorably on its own block, offering a sense of relative space and value that may not be as apparent when compared to the entire, more modern suburb.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value is below the neighborhood average for River Park South, but around average for the city and its own street. This suggests you may get more house for your money here compared to many parts of the suburb, though the home is older than most in the immediate area.
2. Is the living space a good size?
Yes. At 1,370 sqft, it is larger than the majority of homes on Paddington Road itself, ranking in the top 15%. It is approximately average when compared to the entire city of Winnipeg.
3. What should I know about the age of the home?
Built in 1979, it is older than the typical home in River Park South. This is reflected in its below-average ranking for year built within the neighborhood. However, it is close to the average age for homes across Winnipeg, indicating a standard vintage for the city with expected maintenance considerations.
4. How does the lot size compare?
The lot is a key feature, ranking in the top 17% on Paddington Road. At nearly 4,900 sqft, it provides above-average outdoor space compared to immediate neighbors, though it is closer to the median size for the wider neighborhood and city.
5. Where can I find verified past sale prices?
The site provides an estimated sold price range from 2017. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS and is not displayed directly on the page.