Property score
70.4
Good
Overall 70.4 · Larger and newer than most nearby homes
1,465 sqft (top 4%) · Built in 2025 (77 yrs newer than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 3 shops, and 9 parks nearby
Living Area
Above average
54% larger than neighborhood avg.
Year Built
Above average
77 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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70.4 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
247 Rutland Street — 32 amenities found within 500 m, across 6 categories, including 12 dining (nearest 221 m), 3 education (nearest 307 m), 3 shopping (nearest 162 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 3% | Top 1% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 247 Rutland Street, Winnipeg
Key Characteristics & Appeal
This is a notably modern two-storey home in Winnipeg’s King Edward neighbourhood, built in 2025. Its primary appeal lies in its new construction status, offering move-in readiness with a renovated basement and modern systems free from the immediate maintenance concerns of older area homes. With 1,465 sqft of living space, it ranks in the top tier for size both on its street and within the neighbourhood, providing above-average interior space for the area.
The property suits buyers seeking a modern home in an established inner-city area without undertaking a renovation. It’s ideal for professionals or small families who prioritize low-maintenance, contemporary living in a community with older character homes. A thoughtful perspective: while the land size is smaller than area averages, this aligns with newer infill development and translates to less yard upkeep. The home’s assessed value sits in the elite tier for the neighbourhood, indicating it is perceived as a premium asset in its immediate context, likely appealing to value-conscious buyers who see strength in specific, high-performing metrics rather than just city-wide comparisons.
Frequently Asked Questions
1. Is this a brand-new build?
Yes. The home was built in 2025, making it essentially new. This is a rare find for the King Edward area, where most homes are over a century old.
2. How does the property size compare to the neighbourhood?
The living space is well above average for both Rutland Street and the broader King Edward neighbourhood. However, the lot is smaller than typical for the area, which is common for newer infill properties and means less exterior maintenance.
3. What does the "Elite" assessed value ranking mean?
The assessed value of $490k ranks in the top 1% for King Edward and top 5% on Rutland Street. This suggests the property is valued significantly higher than most comparable homes in its immediate vicinity, reflecting its new condition and size.
4. Is there parking or a garage?
The listing specifies there is no garage. Buyers should investigate on-street parking permits or the potential for a driveway, which is common for infill lots.
5. The sold price history shows a sale in early 2025 for a much lower price (e.g., ~$55k). What does this mean?
This almost certainly refers to the sale of the vacant lot or a previous structure before the new home was built. The current assessment and value reflect the completed, modern house that now exists on the property.
