Property Overview: 668 Paddington Road, River Park South
Key Characteristics & Appeal
This home at 668 Paddington Road presents a well-maintained, above-average residence built in 2006, offering modern convenience in Winnipeg's River Park South neighborhood. Its key strength is its generous 1,536 sqft living area, which ranks in the top 13% on its own street and above the citywide average, providing more space than many comparable homes. With an assessed value of $454,000, it sits above average for both the street and the city, suggesting a premium for its size and newer construction.
The appeal lies in its balanced position. It’s a newer home on a street where many houses are older, offering modern systems and less immediate need for major updates. While the lot size is slightly below the neighborhood average, it is consistent with the street, making it a lower-maintenance yard without sacrificing interior space. This property would suit buyers looking for a move-in-ready, spacious family home in an established area, who prioritize interior square footage over a large yard and appreciate the value of a home built in the 2000s amidst a mix of older properties.
A thoughtful perspective: This home represents a "sweet spot" of being newer than most on its block, which can be an advantage for insurance and energy costs, while still being part of a mature, settled community. Its value ranking consistently above street and city averages indicates it's perceived as a solid asset within its market tier.
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 1,536 sqft, the living area is significantly larger than the street average (1,128 sqft) and above the Winnipeg average, placing it in the top tier for space on Paddington Road.
2. Is the assessed value in line with the area?
Yes. The $454,000 assessment is above the average for both Paddington Road ($364.8k) and Winnipeg citywide ($390.1k), reflecting its larger size and newer construction year relative to many peers.
3. What is the history of sales for this property?
Public records indicate it was last sold between $350,000 and $400,000 in December 2017. For verified, exact historical sale figures, a manual lookup can be requested.
4. How does the lot size impact the property?
The 4,410 sqft lot is close to the street average but below the broader neighborhood average. This typically means a more manageable yard, which can be a positive for those seeking lower outdoor maintenance.
5. What are the implications of the 2006 build year?
Built in 2006, this home is newer than most on its street (avg. 1985) and in Winnipeg overall (avg. 1966). This often translates to newer major components, like roofing, windows, and HVAC, potentially reducing near-term capital costs.