Property Overview
28 Paddington Road is a well-situated home in Winnipeg's River Park South neighborhood. Built in 1983, this 844 sqft property sits on a 4,161 sqft lot and carries a municipal assessed value of $376,000. Recent sales data indicates it sold in March 2025 for an estimated $350,000–$400,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient scale and established location. With a living area significantly below neighborhood and city averages, it represents a more manageable footprint—ideal for those seeking lower maintenance without sacrificing access to a mature community. The assessed value is notably below the River Park South average, potentially offering relative value within a desirable area.
The property suits first-time buyers or downsizers looking for an entry point into a stable neighborhood. Its lot size is generous for the street, providing good outdoor space for a home of this size. A thoughtful perspective is that its below-average size and value for the area could mean lower property taxes and utility costs compared to larger neighbors, aligning with a practical, budget-conscious lifestyle. The home’s age places it in a cohort where major components may be due for updates, appealing to buyers interested in personalizing their space over time.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 844 sqft, the living area is below average for Paddington Road, the wider River Park South neighborhood, and Winnipeg overall. This indicates a more compact home compared to most in the area.
2. Is the assessed value typical for this street and city?
The $376,000 assessment is around the average for Paddington Road and Winnipeg overall. However, it is below the average assessed value for the broader River Park South neighborhood.
3. What is the property’s recent sales history?
The home sold in March 2025. Public data shows an estimated sale price between $350,000 and $400,000. For verified, exact historical sale figures, a manual lookup can be requested.
4. How does the lot size compare?
The 4,161 sqft lot is slightly larger than the average lot on Paddington Road but is below the average lot size for both the River Park South neighborhood and the city.
5. What might the below-average size mean for a buyer?
While offering less interior space, it typically translates to lower ongoing costs for heating, maintenance, and property taxes. It represents an opportunity for efficient living in a neighborhood where larger, more expensive homes are the norm.