Property Overview: 138 Paddington Road, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling blend of space and established value. Its primary strength is its generous proportions relative to its immediate surroundings. With 1,648 sqft of living area, it ranks in the top 9% on its own street and offers significantly more space than the street average (1,128 sqft). The lot size of 5,001 sqft is also well above the street norm, providing ample outdoor space. Built in 1979, it is a mature home in a well-established neighbourhood.
The appeal lies in its "above-average" positioning on a street of smaller, comparable homes, suggesting a good value-for-space proposition. It suits buyers looking for a roomy family home in a settled area without the premium often attached to newer constructions. A thoughtful perspective is that while the home is older than many in the broader River Park South area, its assessed value of $416k sits comfortably below the neighbourhood average, potentially offering more house for the money. It’s ideal for a practical buyer who prioritizes interior and yard space over a newer build date and is comfortable with a home that may benefit from updates over time.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is notably larger than most homes on Paddington Road, ranking in the top 10% for living area on the street. It is also above the citywide average for comparable homes.
2. Is the assessed value high for the area?
The assessed value is above average for Paddington Road but is actually below the average for the wider River Park South neighbourhood. This suggests the home may be valued more for its specific street context than the neighbourhood average.
3. When was it last sold and for how much?
Public records indicate it sold between August and September 2017 for a price in the range of CA$300,000–$350,000. Exact sale figures require a manual lookup from the provider.
4. The home was built in 1979. Is it older than others in River Park South?
Yes. The build date is below average for the neighbourhood, where many homes are from the 1980s and 1990s. However, it is close to the citywide average year built for comparable properties.
5. What are the neighbouring properties like?
Nearby homes on Paddington Road are very similar in age (late 1970s to early 1980s) but are typically smaller in both living area and lot size, based on the provided comparisons.