49.2
Below average
Property score
49.2
Below average
Overall 49.2
Compared with neighbourhood average
898 sqft (bottom 47%)
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, 2 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
6% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
49.2 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
293 Rutland Street — 25 amenities found within 500 m, across 6 categories, including 9 dining (nearest 268 m), 2 education (nearest 496 m), 3 shopping (nearest 199 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 24% | Bottom 25% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 293 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, presents a classic King Edward neighbourhood character. With 898 sqft of living space and a 3,525 sqft lot, its metrics are very typical for its immediate street and area, offering a manageable scale. Key features include a detached garage and an unrenovated basement, indicating a property that holds potential for customization. Its appeal lies in its established location and its position as a straightforward, no-frills home. The assessed value is proportionally aligned with similar homes nearby, suggesting a market-realistic entry point.
This property would suit a first-time buyer or an investor looking for a foothold in a central Winnipeg neighbourhood without premium pricing for size or modern finishes. It’s a practical choice for someone comfortable with a home that may require updates over time, offering the chance to add value through renovations. A less obvious perspective is that its very "averageness" for the street is a stability indicator—it’s not an outlier, which can simplify financing and appraisal processes. The lot size is notably above the street average, offering a relative advantage for outdoor space or future expansion compared to direct neighbours.
Section 2: Frequently Asked Questions
1. What is the true condition of the unrenovated basement?
While specifics require a professional inspection, an "unrenovated" basement typically means original foundations, flooring, and utilities. It presents both a project cost and an opportunity to finish the space to modern standards without undoing previous renovations.
2. How does the sold price history inform the current value?
The property sold in August 2022 for an estimated range of $175k-$205k. This recent transaction provides a concrete benchmark, showing market activity and establishing a trend line that current assessments and listing prices can be compared against.
3. What are the implications of the home's age (1918)?
A 108-year-old home offers charm and established neighbourhood roots but requires diligent attention to aging components like wiring, plumbing, and insulation. It's wise to budget for maintenance and updates that align with its era.
4. Is the detached garage a major benefit?
Yes, especially in an older neighbourhood where on-site parking and storage can be limited. A detached garage provides secure parking and valuable workshop or storage space, a tangible asset not all homes in this category possess.
5. How does this home compare to the wider Winnipeg market?
The data shows that while this home is around average for its local King Edward area, it is below the city-wide averages for living space, lot size, and year built. This highlights its positioning as an affordable option within a central community, trading newer features and size for location and lot potential.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
