Property Overview: 370 Rutland Street, Winnipeg
Key Characteristics & Appeal
This 1986 bi-level home at 370 Rutland Street in Winnipeg's King Edward neighborhood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of above-average space and a sizable lot for its immediate area. With 1,105 sqft of living area and a renovated basement, it offers functional space that ranks well above the local averages for both its street and neighborhood.
The standout feature is the land: a 5,046 sqft lot that ranks in the top 2% on Rutland Street. This provides significant outdoor space and potential not commonly found on neighboring properties. Paired with a detached garage, it suits those who value room for projects, gardening, or private outdoor living. The home’s assessed value also ranks highly within the local context, suggesting it is perceived as a solid asset relative to its peers.
This property would best suit first-time buyers, practical downsizers, or value-focused investors looking for a home with a strong foundational footprint in a mature neighborhood. It’s for buyers who see potential in the land and the renovated basement, and who prioritize space and value metrics over a newer build or high-end finishes.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,105 sqft, the living area is above average for both Rutland Street and the wider King Edward neighborhood, offering more interior space than many comparable local homes.
2. What is the significance of the lot size?
The 5,046 sqft lot is a major asset, ranking in the elite top 2% for properties on Rutland Street. It provides substantially more yard space than is typical for the area.
3. The home was built in 1986. Is that older or newer for this area?
For King Edward, a neighborhood with many heritage homes, a 1986 build is actually considered newer. It ranks in the top 20% for the area, meaning it’s among the more recently built homes locally.
4. What does the assessed value tell me?
With an assessed value that ranks in the top 12% on its street and top 7% in the neighborhood, this property is assessed higher than most direct comparables. This can indicate better-than-average condition, improvements, or desirability within its specific market.
5. Is there a recent sale price available?
Public records show a sale occurred in November 2019 for an estimated range. For the exact, verified sale price, you can request the information directly via the provided email service.