Property Overview
158 Paddington Road is a well-established home in Winnipeg's River Park South neighborhood. Its standout feature is its generous 1,786 sqft living area, which is significantly larger than most homes on its street and in the wider city. Built in 1978, the home sits on a 5,001 sqft lot that is also above average for the immediate area. It sold in late 2024 for an estimated $400k–$450k, a price point that reflects its size and positioning within the market.
Key Characteristics & Appeal
This home’s primary appeal lies in its space. With living area rankings in the top 4% on its street and top 18% city-wide, it offers substantial interior room compared to many peers, making it a rarity for its vintage. The lot size is also a notable advantage on Paddington Road, providing more outdoor space than the street average. While its 1978 build date is older than many homes in the newer River Park South area, this is balanced by its established, larger lot and mature surroundings.
It would best suit buyers who prioritize interior square footage and lot size over a newer build. It’s an ideal choice for someone looking for a spacious family home in a mature suburban setting, potentially offering better value-per-square-foot than newer constructions in the area. A thoughtful perspective is that this property represents a "larger footprint" opportunity in a neighborhood where many subsequent builds are on smaller lots, which can be a long-term advantage.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
Its 1,786 sqft living area is notably larger than the average home on Paddington Road (~1,128 sqft) and in Winnipeg overall (~1,342 sqft), placing it in the elite tier for its immediate street.
2. Is the assessed value in line with the sold price?
The assessed value is $440k. The home sold for an estimated $400k–$450k in September 2024, indicating the sale price was likely close to or slightly below its assessed value.
3. The home was built in 1978. Is that typical for the area?
No, it’s older than average. Most comparable homes in the River Park South neighborhood were built around 1990. On its own street, the average build year is 1985.
4. What is the lot size, and how does it compare?
The lot is 5,001 sqft. This is larger than the average lot on Paddington Road (3,908 sqft) but slightly smaller than the neighborhood average (5,447 sqft).
5. Where can I find the exact sold price?
The site provides sold price ranges for general browsing. To receive the exact, verified sold price and transaction history, you must request it directly via email through their manual lookup service, as they do not display MLS data.