47.6
Below average
Property score
47.6
Below average
Overall 47.6
Compared with neighbourhood average
880 sqft (bottom 44%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~75.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 9 dining spots, 3 schools, 3 shops, and 9 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
30 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
274 Rutland Street — 27 amenities found within 500 m, across 6 categories, including 9 dining (nearest 331 m), 3 education (nearest 426 m), 3 shopping (nearest 282 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 7% | Bottom 9% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Rutland Street, Winnipeg
Key Characteristics & Appeal
This 880 sqft, one-storey home on a 2,523 sqft lot is a classic example of a well-maintained, early 20th-century house in Winnipeg's King Edward neighbourhood. Built in 1918, its key updated feature is a renovated basement, adding functional living space. The home presents a grounded, no-frills opportunity: there is no garage or pool, emphasizing its value as an efficient, straightforward property.
Its primary appeal lies in its relative affordability and established location. The data shows its living area, assessed value, and year built are all around average for both Rutland Street and the broader King Edward area, indicating it's a typical home for this specific community. However, its size and value sit below the city-wide average, which can be an advantage for buyers seeking entry into the market without the premium of a newer, larger home. The renovated basement is a practical asset, offering potential for a family room, home office, or rental suite (subject to regulations).
This property would best suit first-time homebuyers, downsizers, or practical investors looking for a character home in a long-established neighbourhood without major renovation projects. It’s for someone who values location and function over modern luxuries, and who appreciates the statistical reality that this home is competitively positioned within its immediate peers rather than the city as a whole.
Frequently Asked Questions
1. What is the exact recent sold price history?
The available public data shows a sale occurred in November 2019 for an estimated range of $13.50k to $16.50k. For precise, verified sale figures, you can request the exact history via email from the listing source.
2. How does this home compare to others in the area?
The home is consistently around average for its direct neighbourhood. Its living space (880 sqft) and assessed value are typical for King Edward and Rutland Street, but its lot size is somewhat smaller than the area average, which is a trade-off for its central location.
3. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, moisture control, and legal compliance (e.g., for a secondary suite) are not provided. These details would require an inspection and inquiry with the seller.
4. Is the assessed value the same as the market value?
No. The municipal assessed value for taxation purposes ($21.10k) is typically much lower than the current market value, as seen in the 2019 sale price range which already exceeded that assessment. Market value is determined by current sale prices of similar homes.
5. What are the implications of the home's age (1918)?
A 108-year-old home offers classic charm but requires diligent attention. While major systems like the basement have been updated, prospective buyers should budget for potential updates to other original components, such as plumbing, electrical wiring, or the roof, and ensure a thorough inspection is completed.
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