Property Overview & Key Characteristics
This 1984-built home at 21 Paddington Road in River Park South presents a solid, middle-of-the-road offering in the Winnipeg market. With 1,090 sqft of living space on a 3,690 sqft lot, its size is consistently "around average" when compared to its own street and the wider city. Its assessed value of $382K follows a similar pattern, sitting close to the city average but notably below the average for the River Park South neighborhood. This suggests the home may offer relative value within its specific area.
The appeal lies in its established location and practicality. It suits first-time buyers or downsizers looking for a manageable, low-maintenance property in a mature neighborhood without the premium price tag of a larger lot or a newer build. A thoughtful perspective is that its slightly smaller lot could be seen as an advantage for those seeking less yard work, while its older construction date compared to the city average indicates a home from a period known for straightforward layouts and durable materials.
Frequently Asked Questions
1. Is this home a good value for the River Park South area?
The data suggests it might be. The home's assessed value is below the neighborhood average, which could indicate a more affordable entry point into this area compared to other properties.
2. How does the lot size impact this property?
The lot is smaller than most in both the neighborhood and city-wide. This typically means less exterior maintenance, but also less private outdoor space, which is an important consideration for families or gardening enthusiasts.
3. What does the "around average" ranking for living area mean?
It means the home's size is very typical for Winnipeg. It should provide adequate space for a small family or couple, but isn't unusually large or small. The floor plan's efficiency will be more important than the square footage alone.
4. Can I get the exact historical sale price?
The site shows the home sold between $300K-$350K in late 2016. Due to data display rules, exact sold prices are provided manually via email request through the site's service.
5. The home was built in 1984. What should I consider?
While newer than the Winnipeg average, a home of this age will likely have had several key components (like roof, windows, furnace) updated. The condition and age of these major systems should be a primary focus during a viewing and inspection.