Property score
74.6
Good
Overall 74.6 · Larger and newer than most nearby homes
1,586 sqft (top 2%) · Built in 2023 (75 yrs newer than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 8 parks, and 1 place of worship nearby
Living Area
Above average
67% larger than neighborhood avg.
Year Built
Above average
75 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
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
74.6 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
338 Rutland Street — 12 amenities found within 500 m, across 4 categories, including 2 dining (nearest 251 m), 1 shopping (nearest 163 m), 8 parks (nearest 104 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 4% | Top 1% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 338 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its combination of new construction, above-average living space, and a highly desirable assessed value.
The 1,586 sqft living area is notably spacious, ranking in the top 2% of homes both on its street and within the wider King Edward area. It features a renovated basement, adding to its functional space. While the land size is more modest compared to city-wide averages, this translates to lower maintenance and aligns with the efficient use of space typical of newer infill developments. The home has no garage or pool.
Its standout characteristic is its assessed value of $51.40k, which places it in the top 1% of properties locally. This suggests a highly favourable property tax assessment relative to the home's size, age, and condition—a significant long-term financial advantage.
This property would best suit buyers seeking a modern, low-maintenance home without the wait or uncertainties of a new build. It’s ideal for professionals, small families, or downsizers who prioritize contemporary finishes, energy efficiency, and a strong value proposition over a large yard. The data indicates it offers a rare blend of new-home amenities and an elite-level assessment in an established neighbourhood.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking actually mean?
It means this home's government-assessed value for tax purposes is among the very highest (top 1%) in its immediate area and neighbourhood. This often correlates with newer construction and premium finishes, but crucially, it can indicate a more advantageous ratio of taxes to property value compared to many neighbours.
2. The land size is noted as "below average" city-wide. Is that a concern?
This is typical for newer infill homes in established central neighbourhoods. The lot is efficiently used to maximize living space. For buyers who prefer less yard work and a more compact, manageable exterior, this is a feature rather than a drawback.
3. The home sold recently in 2023. Why would it be back on the market?
While the specific reason isn't provided, the short ownership period is not uncommon for new constructions. Reasons can include a change in the original owner's circumstances, an investor exiting the market, or the completion of initial upgrades. A professional inspection is always recommended to confirm the home's condition.
4. There's no garage. Is street parking readily available?
The listing does not specify dedicated parking. Prospective buyers should investigate Rutland Street's parking regulations directly, as availability can vary in older neighbourhoods. This is a key point for those with multiple vehicles.
5. How does the living area compare to typical older homes in Winnipeg?
At 1,586 sqft, it is significantly larger than the average home in King Edward (~952 sqft) and above the city-wide average (~1,342 sqft). This means you get more modern, functional interior space than many older, larger-footprint homes, which may have less efficient layouts.
