47.6
Below average
Property score
47.6
Below average
Overall 47.6
Older than most nearby homes
888 sqft (bottom 45%)
Built in 1913 (35 yrs older than avg)
Located in a above-average income area
with median household income of ~75.5k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 11 dining spots, 3 schools, 3 shops, and 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 85%Tagalog · 4%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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47.6 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: #46110252
$76K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
36%
Single-person households
14%
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
269 Rutland Street — 30 amenities found within 500 m, across 6 categories, including 11 dining (nearest 311 m), 3 education (nearest 406 m), 3 shopping (nearest 244 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 19% | Bottom 20% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1913 one-and-a-half storey home on Rutland Street presents a straightforward, entry-level opportunity in Winnipeg's King Edward neighbourhood. With 888 square feet of living space and an unfinished basement, it's a compact property on a modest 2,518 sqft lot. Its assessed value is notably below averages for the street, area, and city, reflecting its age and condition. The appeal here is fundamentally about value and potential. It suits a first-time buyer comfortable with a project, an investor looking for a rental property with a low entry point, or someone seeking an affordable foothold in a central location. Its smaller scale could also appeal to those looking to minimize upkeep and utility costs. A less obvious perspective is that its below-average lot size for the area might mean less exterior maintenance, while its older character could offer charm not found in newer builds, albeit requiring more attention.
Key Details & FAQs
What are the key characteristics?
This is a 113-year-old home with 888 sqft of living space, an unfinished basement, and no garage. It sits on a smaller lot relative to its neighbours. The data shows its assessed value and land area are below local averages, while its living space is about average for the immediate area.
Who is this property best suited for?
It's best for practical, budget-conscious buyers. This includes first-time homeowners ready for a gradual renovation, investors seeking a cost-effective rental property, or downsizers looking for a manageable, low-cost home without the burden of a large yard.
Why is the assessed value so much lower than the city average?
The assessed value reflects the home's age, smaller size, and likely the need for updates. It's consistent with older, more compact homes in established neighbourhoods compared to the city-wide average, which includes newer and larger suburban properties.
Is the smaller lot size a disadvantage?
It depends on your priorities. While it offers less private outdoor space than many homes, it also means significantly less yard work and lower maintenance costs, which can be a practical advantage.
How does this property compare to others on the street?
The home is fairly typical for Rutland Street in terms of living area but sits on a smaller parcel of land. Its assessed value is in the lower quarter for the street, indicating it may represent a more affordable option compared to others in the immediate vicinity.
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