234 Rutland Street

King Edward, Winnipeg

Property score

56.2

Fair

Overall 56.2 · Newer than most nearby homes

930 sqft (top 46%) · Built in 1985 (37 yrs newer than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 3 shops, and 9 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

37 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 15%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

56.2 is composed by the two sections below.

Property Score

49.1Low
Living Area930 sqft42Low
Year Built198573Good
Lot Size3,330 sqft38Low
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110251

Community deep dive

$68K

Median household income

$88K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.7

P90 / P10 ratio

37%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
930 sqft
0255075100
Same streetTop 44%Same areaTop 46%CitywideBottom 19%
Same street · Rutland Street
#80 / 183
Top 44% · Avg 968 sqft
Same area · King Edward
#1,086 / 2,385
Top 46% · Avg 952 sqft
Citywide · Winnipeg
#157,189 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
296k
0255075100
Same streetTop 26%Same areaTop 26%CitywideBottom 28%
Same street · Rutland Street
#48 / 183
Top 26% · Avg 262.1k
Same area · King Edward
#632 / 2,385
Top 26% · Avg 258.2k
Citywide · Winnipeg
#139,773 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 24%Same areaTop 21%CitywideTop 29%

Lot Size

around average
3,330 sqft
0255075100
Same streetTop 38%Same areaBottom 49%CitywideBottom 17%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

234 Rutland Street — 32 amenities found within 500 m, across 6 categories, including 12 dining (nearest 174 m), 3 education (nearest 260 m), 3 shopping (nearest 176 m).

Search radius
🍽️Dining12
🏫Education3
🛒Shopping3
🌳Parks9
Fuel Stations2
Worship3

Crime & Safety

King Edward · WPS public data · 2026

Annual incidents

32

2026

vs. city avg

+8%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

47%

Sales History

Sold 11/2022CA$250k–300k
Sold price

Same street

Top 36%

Same area

Top 39%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 234 Rutland Street, Winnipeg

Property Overview: 234 Rutland Street

Key Characteristics & Appeal

This bi-level home at 234 Rutland Street in Winnipeg’s King Edward neighbourhood presents a practical and modernized living space. Its key appeal lies in its recent renovation, featuring an updated basement that adds functional living area to the 930 sqft footprint. The home is newer than most in its immediate area, built in 1985, which can suggest more contemporary construction standards and potentially lower immediate maintenance needs compared to the neighbourhood's many century-old homes.

The property’s assessed value ranks above average for both the street and the broader King Edward area, indicating it is viewed favorably relative to its local peers. However, its living space and lot size (3,330 sqft) are more modest when viewed city-wide, framing it as a competitively priced option within a central, established community. The detached garage is a valuable asset for storage or vehicle protection.

This home would suit first-time buyers or downsizers seeking a move-in-ready property with modern finishes in a no-fuss, character neighbourhood. It’s also a sensible fit for pragmatic investors looking for a renovated rental property in a stable area, as the updates and newer build date may reduce near-term capital expenditures.


Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
At 930 sqft of living area, the home is very close to the average size for both Rutland Street and the King Edward neighbourhood, but it is notably smaller than the typical Winnipeg home. This indicates a efficient, lower-maintenance space that is in line with local norms.

2. What does the above-average assessed value for the area signify?
The assessed value is in the top 26% for King Edward. This typically reflects the property’s newer construction (1985) and renovated condition compared to many older, unrenovated homes in the area, as assessed for municipal tax purposes.

3. Is the lot size a constraint?
The 3,330 sqft lot is standard for the street and neighbourhood. It provides adequate private outdoor space for a home of this size but is not expansive. Buyers looking for large gardens or significant yard space may find it limiting.

4. What can recent sales data tell me?
The home sold in late 2022. While exact prices require a direct request, the provided range and its ranking suggest it sold at a value competitive with similar local properties. Reviewing the listed "worth viewing" and "for reference" nearby properties can help gauge the local market context.

5. Who should consider requesting the exact sold price history?
Serious buyers or investors who are finalizing their market analysis and offer strategy would benefit from this precise data. It provides a concrete benchmark, beyond assessed value, for what the market recently paid for this specific home.

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