Property score
58.6
Fair
Overall 58.6 · Newer than most nearby homes
972 sqft (top 37%) · Built in 2023 (75 yrs newer than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 3 shops, and 9 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
75 yrs newer 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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58.6 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
244 Rutland Street — 32 amenities found within 500 m, across 6 categories, including 12 dining (nearest 207 m), 3 education (nearest 296 m), 3 shopping (nearest 194 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 | Top 8% | Top 5% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 244 Rutland Street
Key Characteristics & Appeal
This bi-level home at 244 Rutland Street in Winnipeg’s King Edward neighbourhood presents a compelling mix of modern convenience and established community. Its standout feature is its age: built in 2023, it is a rarity, ranking in the top 1-3% of homes for newness both locally and city-wide. This translates to move-in readiness, modern building standards, and minimal immediate maintenance.
The home offers 972 sqft of living space, which is typical for the immediate area but more compact compared to the Winnipeg average. Its recently renovated basement adds functional space. The lot size is modest, which means less yard upkeep—a practical consideration for many.
Its appeal lies in this balance. It suits first-time buyers or downsizers seeking a modern, low-maintenance home without sacrificing location in a mature neighbourhood. The assessed value is notably strong for King Edward, suggesting the property is viewed favorably within its specific market context. It’s a home for those who prioritize modern interiors and systems over square footage or expansive outdoor space.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is significantly above the average for both Rutland Street and the broader King Edward neighbourhood, placing it in the top 6-11%. This indicates it is considered a higher-value property in this specific locale, likely due to its new construction.
2. What are the trade-offs for having such a new home in an older neighbourhood?
The major benefit is modern construction and efficiency. A thoughtful consideration is that the lot size is below average for the area, offering a smaller private outdoor space than many neighbouring properties.
3. Is the living space sufficient for a small family?
At 972 sqft, the living area is on par with similar homes on the street. The renovated basement provides crucial additional space, making it functional for a small household, but it is more compact than the typical Winnipeg home.
4. What does the sale history indicate?
The home sold in early 2025 for a price range consistent with its current high assessment. A previous sale in 2017 was at a dramatically lower price, which strongly suggests the 2023 construction occurred on an existing lot, essentially replacing an older structure.
5. Who would this property not suit?
Buyers looking for a large lot, extensive yard space, or a home significantly larger than the neighbourhood norm may find it limiting. It’s best suited for those who value modern finishes and systems over sheer square footage.
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