Property score
71.3
Good
Overall 71.3 · Larger and newer than most nearby homes
1,332 sqft (top 8%) · Built in 2020 (72 yrs newer than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 shops, 6 parks, and 1 fuel station nearby
Living Area
Above average
40% larger than neighborhood avg.
Year Built
Above average
72 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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71.3 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
319 Rutland Street — 14 amenities found within 500 m, across 5 categories, including 3 dining (nearest 216 m), 2 shopping (nearest 130 m), 6 parks (nearest 115 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 18% | Top 17% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 319 Rutland Street, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2020, presents a compelling mix of modern convenience and established neighbourhood character. Its primary appeal lies in its "like-new" condition within the mature King Edward area, offering a move-in-ready solution without the wait or uncertainties of new construction. With 1,332 sqft of living space and a renovated basement, it provides ample room for a small family or professionals.
The data reveals a nuanced story. The home ranks exceptionally well for its Year Built (top 3% in the neighbourhood) and Assessed Value (top 3% in King Edward), indicating it is a notably newer and higher-valued property compared to most in the area. Its Living Area is also above average for both the street and neighbourhood. A thoughtful perspective is that this represents a low-maintenance, energy-efficient footprint within a classic community, ideal for those who want character nearby but modern systems at home.
The trade-off is a Land Area that is smaller than most comparables (top 95%, meaning only 5% of lots are smaller). This suits buyers who prefer a manageable yard with less upkeep, but may not suit those seeking extensive outdoor space. The detached garage adds practical storage or parking.
This property would best suit first-time buyers, small families, or downsizers seeking a modern, low-maintenance home in a central Winnipeg neighbourhood without sacrificing interior space or quality. It’s for those who value updated interiors and newer infrastructure over a large private yard.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $41,500k is for municipal tax purposes and is typically lower than market value. The home’s "elite" ranking for assessed value in King Edward suggests it is a higher-value property in the area, but the actual selling price will be determined by current market conditions.
2. What are the implications of the smaller lot size?
The lot is 2,517 sqft, which is compact for the city and neighbourhood. This means lower yard maintenance and potentially lower property taxes, but less private outdoor space. It emphasizes efficient use of the interior and any available patio or deck areas.
3. The home sold in late 2020. What can that price history tell me?
The previous sale price range ($30.50k - $33.50k) reflects the home’s value as a brand-new build at that time. Market appreciation, the completed basement renovation, and established landscaping since then are key factors in its current value.
4. How does this modern home fit into the King Edward neighbourhood?
King Edward is known for its older housing stock. This 2020 build is a rarity, placing it in the top 3% for year built locally. You benefit from a new home’s infrastructure while being part of a well-established community with mature trees and settled streetscapes.
5. What is not included in this data that I should investigate?
The data highlights size, value, and age metrics. Essential next steps would be to investigate the specific quality of the basement renovation, the home’s energy efficiency ratings, any applicable new home warranties still in effect, and the specific zoning or bylaws related to the smaller lot.
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