55.0
Fair
Property score
55.0
Fair
Overall 55.0
Newer than most nearby homes
820 sqft (bottom 34%)
Built in 1990 (42 yrs newer 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
Below average
14% smaller than neighborhood avg.
Year Built
Above average
42 yrs newer 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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55.0 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
280 Rutland Street — 27 amenities found within 500 m, across 6 categories, including 9 dining (nearest 335 m), 3 education (nearest 449 m), 3 shopping (nearest 264 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 46% | Top 47% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 280 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 280 Rutland Street in Winnipeg's King Edward neighbourhood presents a practical and affordable entry into homeownership. Built in 1990, it is a notably newer property compared to many in the immediate area and across the city, suggesting potentially fewer major age-related maintenance concerns. With 820 sqft of living space and a renovated basement, it offers functional space for a small household.
Its primary appeal lies in its value proposition within its local context. The assessed value of $270k is around the average for both Rutland Street and the broader King Edward area, positioning it as a competitively priced option in this market. While its size and lot are modest by city-wide standards, this translates to lower property taxes and manageable upkeep—a significant consideration for first-time buyers or those downsizing. The home would suit budget-conscious buyers seeking a turnkey, low-maintenance property in a central, established neighbourhood without the surprises often associated with much older housing stock. A thoughtful perspective is that this property represents the "middle ground" on its street: it's not the largest or most valuable, but its newer build year offers a distinct, modern advantage in a neighbourhood of older homes.
Section 2: Frequently Asked Questions
1. How does the 1990 build year compare to nearby homes?
This home is significantly newer than the area average. On Rutland Street, comparable homes average a build year of 1946, making this property over 40 years more recent, which can mean updated building materials and systems.
2. Is the living space sufficient for a family?
At 820 sqft, the living area is slightly below the average for the King Edward neighbourhood (~952 sqft). It is best suited for a single person, a couple, or a small family comfortable with efficient use of space, especially with the added benefit of a renovated basement.
3. What does the assessed value tell me about the property taxes?
An assessed value of $270k is around the local average. This suggests property taxes will be typical for the King Edward area, which are generally lower than in many newer suburban developments, as the lot size is a standard city lot.
4. How does the lot size impact the property?
The land area of 2,523 sqft is slightly below average for the neighbourhood. This means a smaller yard for maintenance, which could be a positive for those seeking low upkeep, but a limitation for those desiring extensive outdoor space or expansion potential.
5. Where can I find the exact historical sale price?
The listed sale history shows a range. To obtain the precise sale price from records, you can use the provided email request feature on the listing page for a manual, prompt response from the site team.
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