50.1
Fair
Property score
50.1
Fair
Overall 50.1
Compared with neighbourhood average
890 sqft (bottom 46%)
Built in 1918 (30 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 7 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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50.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110253
$90K
Median household income
$93K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
29%
Single-person households
22%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
351 Rutland Street — 11 amenities found within 500 m, across 4 categories, including 2 dining (nearest 212 m), 1 shopping (nearest 137 m), 7 parks (nearest 168 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 37% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 23% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 351 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1918, presents a straightforward and affordable entry point into Winnipeg’s King Edward neighbourhood. With 890 sqft of living space and a full, unrenovated basement, it offers functional basics with room for customization. The property’s standout feature is its 4,002 sqft lot, which is larger than many in the immediate area, providing valuable outdoor space or future potential in a city where lot size often dictates long-term value.
Its appeal lies in its position as a modest, no-frills property in a central location. The home’s assessed value and recent sale prices consistently place it well below the citywide average, highlighting its accessibility. It suits practical, value-conscious buyers such as first-time homeowners comfortable with a property that may require updates, or investors looking for a rental property with a stable foundation in an established neighbourhood. A thoughtful perspective for this type of home is to see the unrenovated basement not just as a project, but as a blank slate that allows a new owner to tailor the space to their specific needs without first undoing someone else’s renovations.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
The home is very typical for Rutland Street and the broader King Edward neighbourhood in terms of living space, age, and value. Its lot size, however, is notably larger than many of its direct neighbours, which is a key differentiator.
2. What should I know about the basement?
The listing specifies the basement exists but is not renovated. Prospective buyers should budget for potential updates and are encouraged to investigate its current condition, moisture levels, and suitability for their intended use during a viewing and inspection.
3. What is the neighbourhood like?
King Edward is a long-established, central Winnipeg neighbourhood. The property is surrounded by similar, older single-family homes. For specific insights on amenities, noise, and community feel, visiting the street at different times of day is recommended.
4. Has the property’s value been stable?
Based on the available sales history, the property sold in 2017 and again in 2022 within a similar price range, suggesting its market value has remained relatively stable in that period, consistent with many homes of its type in the area.
5. Who would this property not suit?
This home would likely not suit buyers seeking a modern, move-in-ready property without any projects, or those requiring ample indoor living space, multiple bathrooms, or garage parking, as it lacks these features.
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