Property score
44.0
Below average
Overall 44.0 · Smaller than most nearby homes
704 sqft (bottom 14%) · Built in 1928 (20 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 3 shops, and 9 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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44.0 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110251
$68K
Median household income
$88K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.7
P90 / P10 ratio
37%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
216 Rutland Street — 31 amenities found within 500 m, across 6 categories, including 12 dining (nearest 104 m), 3 education (nearest 187 m), 3 shopping (nearest 128 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Bottom 45% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 216 Rutland Street presents a compact and efficient living space of 704 sqft, situated on a notably generous 4,036 sqft lot in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its balance of a below-average price point with a land parcel that is larger than most on its street, offering potential for outdoor use or future expansion. The basement has been renovated, adding functional living space. Built in 1928, the home is a character property that has been maintained to a standard that keeps its assessed value competitive within its immediate area.
This property would suit first-time buyers or investors seeking an entry into the market with a manageable footprint and a lot that holds inherent value. It’s also a practical fit for those looking to minimize living space while still having private outdoor room, or for a buyer with a vision to eventually update or expand, leveraging the solid lot size. Its below-average citywide price makes it a budget-conscious option, but the decent lot size offers a less obvious advantage over many similarly priced properties.
Frequently Asked Questions
1. Is the living space too small?
At 704 sqft, the living area is below average for the city and even the local area. However, the renovated basement adds usable space, and the efficient layout of a classic one-storey may suit those looking to minimize upkeep and utility costs.
2. What is the significance of the lot size?
The 4,036 sqft lot is a standout feature, ranking in the top 25% on Rutland Street. This is significantly larger than many neighbouring properties and provides valuable outdoor space, a rarity for homes in this price range, and offers flexibility for gardening, recreation, or future projects.
3. How does the assessed value compare?
The assessed value of $26,900 is around the average for both Rutland Street and the King Edward neighbourhood, suggesting the property is priced in line with its immediate peers. Citywide, it's below average, indicating it represents a more accessible price point within Winnipeg.
4. What should I know about a house built in 1928?
While well-maintained, a home of this age will likely have character-building elements alongside the potential for older mechanical systems (like plumbing or wiring) that may require attention or updating. The solid lot size and renovated basement are positive updates on the original structure.
5. Are there recent sales to gauge value?
The last recorded sale was in October 2016, in the $21.5k-$24.5k range. The current assessed value suggests appreciation since then. For exact, recent sale prices of comparable homes to inform an offer, you would need to request that specific data.
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