Property Overview: 280 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 280 Rutland Street in Winnipeg's King Edward neighbourhood presents a practical and affordable entry into homeownership. Built in 1990, it is a notably newer property compared to many in the immediate area and across the city, suggesting potentially fewer major age-related maintenance concerns. With 820 sqft of living space and a renovated basement, it offers functional space for a small household.
Its primary appeal lies in its value proposition within its local context. The assessed value of $270k is around the average for both Rutland Street and the broader King Edward area, positioning it as a competitively priced option in this market. While its size and lot are modest by city-wide standards, this translates to lower property taxes and manageable upkeep—a significant consideration for first-time buyers or those downsizing. The home would suit budget-conscious buyers seeking a turnkey, low-maintenance property in a central, established neighbourhood without the surprises often associated with much older housing stock. A thoughtful perspective is that this property represents the "middle ground" on its street: it's not the largest or most valuable, but its newer build year offers a distinct, modern advantage in a neighbourhood of older homes.
Section 2: Frequently Asked Questions
1. How does the 1990 build year compare to nearby homes?
This home is significantly newer than the area average. On Rutland Street, comparable homes average a build year of 1946, making this property over 40 years more recent, which can mean updated building materials and systems.
2. Is the living space sufficient for a family?
At 820 sqft, the living area is slightly below the average for the King Edward neighbourhood (~952 sqft). It is best suited for a single person, a couple, or a small family comfortable with efficient use of space, especially with the added benefit of a renovated basement.
3. What does the assessed value tell me about the property taxes?
An assessed value of $270k is around the local average. This suggests property taxes will be typical for the King Edward area, which are generally lower than in many newer suburban developments, as the lot size is a standard city lot.
4. How does the lot size impact the property?
The land area of 2,523 sqft is slightly below average for the neighbourhood. This means a smaller yard for maintenance, which could be a positive for those seeking low upkeep, but a limitation for those desiring extensive outdoor space or expansion potential.
5. Where can I find the exact historical sale price?
The listed sale history shows a range. To obtain the precise sale price from records, you can use the provided email request feature on the listing page for a manual, prompt response from the site team.