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.