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Winnipeg Real Estate – Home Prices, Sales History & Market Trends

House

123 Paddington Road

BasementYes, not renovated
PoolNo
GarageNone
Building TypeOne Storey

Map

Redder color means more recent sale.

Yellow star means multiple sale records.

Neighbourhood sales statistics

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Data summary (Winnipeg / river park south / Detached houses (non-condo) / 2024): ~$50k bands. The largest share is $400K–$450K (about 29.8%). Second-largest band: $450K–$500K (about 19.0%); top two together about 48.8%. About 121 sales in this view (sample size check).

All figures above are based on real sold transaction data analysis; for source details, see

Rankings

Living Area

872 sqft

Same street

209/256
Top 82%
Avg1,128 sqft

Same area

3320/3617
Top 92%
Avg1,410 sqft

City-wide

167021/194458
Top 86%
Avg1,342 sqft

123 Paddington Road: Living Area Analysis

  • Street Level (Paddington Road): Below Average. Ranked #209 out of 256 (Top 82%). The average living area for comparable homes on this street is 1,128 sqft.
  • Neighborhood Level (River Park South): Below Average. Ranked #3,320 out of 3,617 (Top 92%). The neighborhood average for this group is 1,410 sqft.
  • Citywide Level (Winnipeg): Below Average. Ranked #167,021 out of 194,458 (Top 86%). The citywide average for comparable homes is 1,342 sqft.

Assessed Value

284k

Same street

243/256
Top 95%
Avg364.8k

Same area

3588/3617
Top 99%
Avg447.2k

City-wide

145753/194458
Top 75%
Avg390.1k

123 Paddington Road: Assessed Value Analysis

  • Street Level (Paddington Road): Below Average. Ranked #243 out of 256 (Top 95%). The average assessed value for comparable homes on this street is 364.8k.
  • Neighborhood Level (River Park South): Below Average. Ranked #3,588 out of 3,617 (Top 99%). The neighborhood average for this group is 447.2k.
  • Citywide Level (Winnipeg): Below Average. Ranked #145,753 out of 194,458 (Top 75%). The citywide average for comparable homes is 390.1k.

Year Built

1978

Same street

189/256
Top 74%
Avg1985

Same area

3420/3617
Top 95%
Avg1990

City-wide

68290/194458
Top 35%
Avg1966

123 Paddington Road: Year Built Analysis

  • Street Level (Paddington Road): Below Average. Ranked #189 out of 256 (Top 74%). The average year built for comparable homes on this street is 1985.
  • Neighborhood Level (River Park South): Below Average. Ranked #3,420 out of 3,617 (Top 95%). The neighborhood average for this group is 1990.
  • Citywide Level (Winnipeg): Around Average. Ranked #68,290 out of 194,458 (Top 35%). The citywide average for comparable homes is 1966.

Land Area

3,403 sqft

Same street

168/256
Top 66%
Avg3,908 sqft

Same area

3364/3617
Top 93%
Avg5,447 sqft

City-wide

159319/194458
Top 82%
Avg6,570 sqft

123 Paddington Road: Land Area Analysis

  • Street Level (Paddington Road): Around Average. Ranked #168 out of 256 (Top 66%). The average land area for comparable homes on this street is 3,908 sqft.
  • Neighborhood Level (River Park South): Below Average. Ranked #3,364 out of 3,617 (Top 93%). The neighborhood average for this group is 5,447 sqft.
  • Citywide Level (Winnipeg): Below Average. Ranked #159,319 out of 194,458 (Top 82%). The citywide average for comparable homes is 6,570 sqft.

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Sales History

Sold 9/2021CA$250k–300k
Sold price

Same street

Top 71%

Same area

Top 89%

City-wide

Top 64%
Sold 10/2017CA$200k–250k
Sold price

Same street

Top 96%

Same area

Top 99%

City-wide

Top 82%

123 Paddington Road · Sold transaction data notes

Data source:

Sold prices are based on publicly available internet data. We do not guarantee accuracy; figures have had limited verification and are reasonably reliable. Data is not sourced from the MLS and does not involve MLS copyright.

Coverage:

Sold price data from January 2016 through April 2025; some months may be missing.

Precision:

If you are not signed in, we show sold price ranges in CA$50k bands, not exact amounts. To see exact sold prices, please create an account and sign in.

How do I get fully verified figures?

Because of industry association rules, this system does not include MLS sold records and does not display them on the site. If you need a property’s full transaction history and exact figures, email us. We will look them up manually and send them by email. You can email us or leave your email below (if you are already logged in, we have your email—click the button to request). We will send exact sold prices by email. Manual lookup and sending may take until the end of the same day at the latest. No tricks—we will not use your email for ads or spam.

Request exact figures by email

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Highlights & common questions: 123 Paddington Road, Winnipeg

一、房屋特点、吸引力与适合人群

特点

  • 入门级面积与地块：居住面积872平方英尺，地块面积3,403平方英尺，均显著低于同街区、同社区及全市平均水平。房屋在各项规模指标中排名靠后，属于典型的紧凑型物业。
  • 显著低于平均的估值：评估价28.4万加元，远低于街区平均（36.48万）、社区平均（44.72万）和全市平均（39.01万），在价格上处于绝对低位。
  • 房龄较长：建于1978年，比所在街区（平均1985年）和社区（平均1990年）的房屋更老，但与全市平均房龄（1966年）相比接近。
  • 明确的升值历史：公开记录显示，该房屋在2017年以20-25万加元售出，2021年以25-30万加元售出，表明其在数年间有明确的资本增值。

吸引力

  1. 极低的入场成本：评估价在社区内排名垫底（Top 99%），是进入River Park South这个相对理想社区的最低门槛之一。
  2. 高性价比的“土地价值”：支付的价格主要对应的是土地和区位价值。对于愿意投资于翻新或扩建的买家来说，这是一个以较低成本获得社区身份的机会。
  3. 明确的增值潜力：与其周边和同类房屋存在巨大的评估价差，为未来价值修复提供了清晰的潜在空间。历史上已呈现上涨趋势。
  4. 可管理的维护规模：较小的房屋和地块面积意味着相对更低的税费、维修成本和日常维护精力。

适合人群

  • 预算严格的首次购房者：希望以最低成本入住成熟社区，不介意房屋面积小或需逐步装修。
  • 投资型买家：看重该物业在社区内的价格洼地地位，计划通过适度翻新后出租或转售，以获取价值差收益。
  • ** downsizing（缩小居住规模）者**：寻求低维护成本、社区环境稳定的紧凑型住宅的退休人士或空巢老人。
  • 长期持有型买家：相信该社区长期价值，愿意购入并持有，等待社区整体提升带动其资产升值。

二、五个关键问答（FAQ）

  1. 这房子看起来什么都“低于平均”，它真正的价值在哪里？
    它的核心价值在于“区位与价格之间的巨大落差”。你支付的价格远低于为这个地址通常应付的费用。这为你用金钱换取社区资源（如学区、安全、环境）提供了更高的效率，并将资金更多地留给了未来的改造或生活成本。

  2. 评估价这么低，是不是有什么问题？
    评估价低主要反映的是其物理条件（如面积、房龄）在统计上的劣势，而非必然存在隐藏缺陷。它更像一个“基础价”，标定了物业的现状价值。这恰恰是机会所在：你的购入价若接近此评估价，则意味着为房屋的“现状”支付了公允价格，而其所附带的社区溢价部分你支付得很少。

  3. 面积这么小，会不会很难转手？
    在转售市场上，它吸引的是与你购房时相似的特定人群：预算有限但看重社区的买家。它的优势在于总价低，降低了购房门槛。在利率较高的时期，低总价房产往往流动性更好。它的转手难度不高于同类竞品，而其明显的价格优势可能使其更快吸引到目标买家。

  4. 与邻居相比，我是不是买亏了？
    从单价（每平方英尺价格）来看，你很可能处于优势。邻居的房屋评估价更高，很大程度上源于其更大的面积或更好的状况。你购入的是该社区的“最小单元”，单价通常更低。这不是“买亏”，而是选择了不同的产品定位。你的投资回报率可能更高，因为你的初始投入更低。

  5. 对于翻新或扩建，这房子有什么潜力？
    地块面积（3,403平方英尺）为后院增建或扩展提供了一定空间，但需符合市政规划。更大的潜力在于内部现代化翻新。由于房屋原始价值占比低，合理的装修投入能显著提升其舒适度和市场价值，且增值部分相对于你较低的总成本，回报率会显得非常突出。这是一套适合“用装修提升价值”的模板房。

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