Property Overview: 260 Rutland Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2022, stands out as a distinctly modern property in Winnipeg’s King Edward neighbourhood. Its primary appeal lies in being a move-in-ready, contemporary build in an area dominated by much older homes. With 1,510 sqft of living space, it offers significantly more room than most local comparables, ranking in the top 6% on its street and top 3% in the neighbourhood for size. The home also features a renovated basement, adding to its functional space.

The property is ideally suited for buyers seeking modern construction without the wait or hassle of building, who value low-maintenance living and newer mechanical systems (like plumbing, electrical, and insulation). It’s a strong fit for professionals or small families wanting the character of an established community but the conveniences of a new home. A thoughtful perspective: while the land area is smaller than city averages, this translates to less yard upkeep, aligning perfectly with a lock-and-leave or low-maintenance lifestyle. Its elite ranking for assessed value in King Edward suggests it is viewed as a premium asset in the area, likely appealing to value-conscious investors or buyers looking for a property with a strong foundational assessment.

Section 2: Frequently Asked Questions

1. What does the assessed value tell me about this property?
At $47,900, the assessment is in the top 2% for King Edward. This indicates the municipal valuation is significantly higher than the neighbourhood norm, often reflecting the modern build and larger living area compared to surrounding century-old homes.

2. How does the land size impact the property?
The lot is 2,523 sqft, which is smaller than the Winnipeg average. This means a more manageable yard with less maintenance, but potentially limited space for expansions like a large deck or future garage addition.

3. The home is new, but what about the neighbourhood?
King Edward is an established, central neighbourhood. While you get a 2022-built home, you’re surrounded by a streetscape of primarily early 1900s properties. This offers community charm but a noticeable contrast in architectural styles.

4. Is the living space efficiently laid out?
With 1,510 sqft spread over two floors plus a renovated basement, the home offers ample room. Its size ranks highly locally, suggesting a efficient use of space that exceeds the typical footprint of area homes.

5. How does it compare to nearby houses on Rutland Street?
It is a clear outlier on its own street—newer, larger, and with a much higher assessed value than its immediate neighbours. This can be an advantage for modern amenities but may also affect the property's context within the streetscape.