Property score
46.4
Below average
Overall 46.4 · Smaller than most nearby homes
704 sqft (bottom 14%) · Built in 1946 (2 yrs older 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
Below average
26% smaller than neighborhood avg.
Year Built
Near average
2 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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46.4 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
245 Rutland Street — 32 amenities found within 500 m, across 6 categories, including 12 dining (nearest 210 m), 3 education (nearest 296 m), 3 shopping (nearest 154 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 41% | Bottom 42% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 245 Rutland Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Rutland Street in King Edward is defined by a compelling contrast: a modest, renovated 704 sqft living space on a notably generous 5,039 sqft lot. Built in 1946, its living area is below average for the street, neighbourhood, and city, positioning it as a cozy, efficient living space rather than a sprawling one. However, its land area ranks in the top 7% on its street and top 19% in King Edward, offering significant outdoor space and future potential that is rare for the area.
The home’s appeal lies in this balance of a manageable, updated interior and a substantial lot. It suits first-time buyers or downsizers seeking a low-maintenance footprint without sacrificing yard space for gardens, pets, or private outdoor living. The detached garage adds practical storage. With an assessed value that is average for its immediate vicinity, it represents a grounded entry point into the market. A thoughtful perspective is that this property offers "expansion in place"—the large lot provides a long-term option for additions or redevelopment that smaller lots in the neighbourhood simply cannot, making it a strategic purchase for those planning for future needs.
Frequently Asked Questions
1. How does the home's size compare to others?
At 704 sqft, the living area is below the average for comparable homes on Rutland Street (~968 sqft), in King Edward (~952 sqft), and citywide (~1,342 sqft). It is a compact, efficiently designed bungalow.
2. What is the significance of the lot size?
The 5,039 sqft lot is a standout feature. It is significantly larger than the average lot on Rutland Street (~3,297 sqft) and in King Edward (~3,798 sqft), offering ample outdoor space and future potential relative to neighbouring properties.
3. What is the property's assessed value context?
The assessed value of $26,800 is around the average for Rutland Street and the King Edward neighbourhood. Citywide, it is below the average assessed value for comparable homes.
4. When was it last sold and for approximately how much?
Based on available data, the property was sold in December 2017 for an approximate price between $21,500 and $24,500.
5. What are the key features of the home itself?
The home is a one-storey bungalow built in 1946. It includes a renovated basement and a detached garage. It does not have a pool.
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