44.0
Below average
Property score
44.0
Below average
Overall 44.0
Smaller and older than most nearby homes
760 sqft (bottom 23%)
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
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
20% 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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44.0 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
284 Rutland Street — 27 amenities found within 500 m, across 6 categories, including 9 dining (nearest 325 m), 3 education (nearest 464 m), 3 shopping (nearest 252 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 46% | Bottom 47% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 760 sqft, one-storey home on Rutland Street in Winnipeg's King Edward neighbourhood presents a straightforward, value-oriented opportunity. Built in 1913, its key appeal lies in its renovated basement and a detached garage, offering functional space on a manageable 2,523 sqft lot. The home's assessed value is modest and aligns with averages for its immediate area, suggesting a lower entry point into the market. Its living space is compact, ranking below average for the city, which positions it as a practical, no-frills property rather than a spacious family home.
This house would suit first-time buyers seeking an affordable starter home, or an investor looking for a manageable rental property. Its smaller size and lower assessed value mean potentially lower property taxes and upkeep costs, appealing to those with a tight budget or a desire for minimal maintenance. A thoughtful perspective is that its below-average city rankings in size and value are actually its primary advantage, offering a foothold in the market without premium pricing, ideal for someone who prioritizes financial pragmatism and location over square footage.
Frequently Asked Questions
1. How does the home's size compare to others?
At 760 sqft of living area, this home is smaller than most in Winnipeg, ranking in the top 93% (meaning 93% of city homes are larger). It is more in line with, though still below, the average for the King Edward neighbourhood.
2. What does the assessed value indicate?
The assessed value of $22,500 is around the average for Rutland Street and the King Edward area, but is significantly below the citywide average. This typically suggests a lower property tax burden relative to most of Winnipeg.
3. What is the significance of the renovated basement?
A renovated basement adds functional living or storage space, which is a valuable asset in a smaller home. It effectively increases the usable area without increasing the official living area square footage or the assessed value proportionally.
4. Who might this property not suit?
Given its compact size and older construction (1913), it may not suit buyers looking for a modern, open-concept layout or a family requiring multiple bedrooms and ample living space. The lot size is also below average for the city, limiting expansive outdoor possibilities.
5. How recent are the comparable sales?
Public data shows a sale for this property in August 2023 in the $22.5k to $25.5k range. Exact sale prices require a direct request to the listing service, as they are not fully disclosed in public records.
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