Property Overview: 309 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1913, presents a classic character property in Winnipeg's King Edward neighbourhood. Its key appeal lies in its solid positioning within its immediate area. The living space of 1,090 sq ft is notably above average for both Rutland Street and the wider King Edward area, offering more room than many comparable homes. The assessed value is consistent with local norms, suggesting a fairly priced entry point into the neighbourhood.
The property suits practical, value-oriented buyers. It's ideal for a first-time homeowner comfortable with a home that has a functional but unrenovated basement, or an investor looking for a straightforward rental property in an established area. The lot size, while smaller than the city average, is typical for the street, indicating a lower-maintenance yard. A thoughtful perspective is that this home represents a "neighbourhood anchor"—its metrics are consistently average or better within its specific community, even if they appear modest in a city-wide comparison. This makes it a stable, predictable choice within its local context, rather than a standout project.
Section 2: Frequently Asked Questions
1. What does "above average" for living area actually mean?
For this specific home, it means that within the group of similar properties on Rutland Street, its 1,090 sq ft of living area is larger than about 75% of them. In the King Edward area, it's larger than about 77% of comparable homes.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average includes all property types and newer, larger homes in all neighbourhoods. This home's assessed value is aligned with the typical, more modest homes in the King Edward and Rutland Street area, reflecting its age, size, and local market conditions.
3. What should I know about a 1913 build?
While offering classic charm, a home of this age will likely have original components that require maintenance or updating. Prospective buyers should budget for potential updates to systems like wiring or plumbing and consider an inspection to understand the condition of the structure and foundation.
4. Is the lack of a garage or pool a disadvantage?
This depends on buyer priorities. The absence of these features is common for homes of this era and in this price segment. It translates to a lower purchase price and less ongoing maintenance, which can be an advantage for buyers seeking simplicity and the lowest possible entry cost.
5. How reliable are the sold price ranges shown?
The ranges are based on available public data. For precise historical sold prices to inform your offer, you must request the exact figures via email from the listing source, as the fine print indicates this is a manually provided service.