Property Overview: 303 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, stands out in Winnipeg’s King Edward neighbourhood for its modern age and above-average living space. With 1,419 sqft of living area, it ranks in the top 10% of homes on its street and the top 5% within the neighbourhood, offering more interior room than most comparable local properties. Its assessed value also places it well above local averages, suggesting a quality build and desirable features for the area.
The primary appeal lies in its relative newness within an established community. Buyers gain the benefits of a contemporary build—likely requiring less immediate maintenance and incorporating modern building standards—without having to move to a distant suburban development. It’s an ideal fit for professionals, small families, or downsizers seeking a low-maintenance, move-in-ready home in a central location. A thoughtful perspective: while the land size is smaller than typical, this can translate to less yard work and a more efficient footprint, aligning perfectly with a modern, lock-and-leave lifestyle. The property represents a specific trade-off: premium interior space and modern construction on a compact urban lot.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage, but would require investment to develop into living space.
2. What does the ranking data (Top 10%, Top 5%, etc.) actually mean?
It compares this home against others. For example, its living area is larger than 90% of homes on Rutland Street and 95% of homes in the wider King Edward neighbourhood, but is closer to the citywide average. This indicates you are getting a spacious home for the immediate area.
3. There is no garage listed. Is there any off-street parking?
The listing specifies no garage. You should verify with a viewing or direct inquiry if there is a driveway, carport, or designated parking spot on the property.
4. The home sold recently in 2024 and 2019. What does that indicate?
The two sales in a relatively short period (2019 and 2024) could indicate a successful investment property, a homeowner’s changing circumstances, or a quick resale of a desirable modern home. Reviewing the exact sold prices (available by request) would clarify its recent market trajectory.
5. How does the smaller land area impact the property?
At 2,517 sqft, the lot is below average for the street, neighbourhood, and city. This typically means a smaller backyard and potentially less privacy or garden space. However, it also means less exterior upkeep and can contribute to a more efficient, community-focused street layout.