Property Overview
This two-storey home at 320 Rutland Street in Winnipeg’s King Edward neighbourhood presents a specific and compelling profile. Built in 2010, it is a notably modern property within a historic area. Its key appeal lies in offering relatively new construction (just 16 years old) with a renovated basement, eliminating the major maintenance concerns common with century-old homes nearby. With 1,287 sqft of living space, it is significantly larger than most comparable homes on its street and in the immediate area, providing above-average interior space.
The home suits practical buyers looking for a move-in-ready property without the surprises of an older home, but who still want to be part of an established, central community. It’s ideal for small families, professionals, or downsizers who prioritize low-maintenance living and modern amenities over a large yard, as the lot size is more compact than the city average. The above-average assessed value for the street and neighbourhood reflects its relative size and newer condition. A thoughtful perspective is that this property offers a “best of both worlds” scenario: the character and location of a mature neighbourhood, but with the peace of mind that comes with newer systems and finishes.
Frequently Asked Questions
1. How does the age of this home compare to others in King Edward?
This home, built in 2010, is a significant outlier in a neighbourhood where many homes were built in the early 1900s. It ranks in the top 13% for year built in King Edward, meaning it is one of the newest properties in the area.
2. Is the living space typical for the area?
No, it is larger than average. At 1,287 sqft, it ranks in the top 10% for living area within the King Edward neighbourhood, where comparable homes average about 952 sqft.
3. What should I know about the lot size?
The land area is 2,524 sqft, which is around average for Rutland Street itself but below average for both the wider King Edward neighbourhood and the city overall. This suggests a more compact, low-maintenance yard.
4. What does the assessed value tell me?
The assessed value of $35,600 is above average for both Rutland Street and the King Edward neighbourhood, ranking in the top 13% and 8% respectively. This generally aligns with the home’s newer construction and larger living area compared to its immediate peers.
5. Are there recent sale prices available for this exact address?
Exact sold price history is available upon request. Public data indicates a sale occurred in October 2019 within a range of $28,500 to $31,500. For precise figures, you can request the exact history via email.