71.0
Good
Property score
71.0
Good
Overall 71.0
Larger and newer than most nearby homes
1,398 sqft (top 6%)
Built in 2013 (65 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 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
47% larger than neighborhood avg.
Year Built
Above average
65 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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71.0 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
287 Rutland Street — 26 amenities found within 500 m, across 6 categories, including 9 dining (nearest 283 m), 3 education (nearest 474 m), 3 shopping (nearest 217 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 22% | Top 23% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 287 Rutland Street in Winnipeg’s King Edward neighbourhood presents a specific and compelling profile. Built in 2013, it is a notably modern property within an area of much older housing stock. With 1,398 sqft of living space, it offers significantly more room than most immediate neighbours, ranking in the top 6% for size within the King Edward area. The assessed value of $350k is also above average for the street and neighbourhood. A key characteristic is the property’s efficient use of a smaller, 2,518 sqft lot, which is below the area average. The basement exists but is not renovated, and there is no garage or pool.
Appeal & Ideal Buyer
The primary appeal lies in acquiring a relatively new, low-maintenance home with ample interior space in a central, established neighbourhood. It suits buyers who prioritize a modern build and interior square footage over a large yard or extensive renovation projects. It’s an ideal match for professionals, small families, or downsizers seeking a turn-key home without the character-home upkeep common in the area. A thoughtful perspective is that this property represents a “best of both worlds” scenario for some: modern comforts within a mature community, though it trades off the larger lot sizes and renovation potential of older homes on the street.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below average for the street and city, it translates to less yard maintenance. The appeal here is the modern house itself, making it suitable for those who prefer indoor living space over extensive outdoor space.
2. What does "basement, not renovated" mean?
The basement is developed and usable (as it contributes to the total living area), but it may have basic finishes or be suited for utility and storage rather than as a polished living area. It presents an opportunity for future customization.
3. The home sold in 2020. What can that price tell me?
The sold price range from 2020 provides a historical benchmark, but market conditions have changed. It’s most useful for understanding the property’s appreciation trajectory rather than determining its current market value.
4. Why is the assessed value higher than many nearby homes?
The assessment reflects the home’s newer age (2013), larger living area, and modern construction compared to the many century-old homes in King Edward. It’s assessed more like a new build than a heritage character home.
5. What are the implications of having no garage?
Parking will be limited to driveway or street. This is a common feature in older neighbourhoods but is a practical consideration for vehicle storage, especially during Winnipeg winters. The trade-off is the home’s central location and modern amenities.
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