44.3
Below average
Property score
44.3
Below average
Overall 44.3
Smaller and older than most nearby homes
720 sqft (bottom 16%)
Built in 1914 (34 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 8 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
Below average
24% smaller than neighborhood avg.
Year Built
Below average
34 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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44.3 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
365 Rutland Street — 12 amenities found within 500 m, across 4 categories, including 2 dining (nearest 232 m), 1 shopping (nearest 171 m), 8 parks (nearest 196 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 | Top 46% | Top 47% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 365 Rutland Street in Winnipeg's King Edward neighbourhood is a compact, character property built in 1914. With 720 sqft of living space and a renovated basement, it sits on a modest 2,517 sqft lot. Its assessed value is notably lower than the city-wide average, positioning it as an accessible entry point into the market.
The appeal lies in its practicality and potential. The renovated basement adds functional living space, increasing the utility of the smaller main floor. While the home is below average in size for its street, area, and the city, this translates to lower property taxes and manageable upkeep. Its assessed value is around average for its immediate vicinity, suggesting it's priced in line with the local market rather than being an outlier.
This property would best suit first-time homebuyers or investors seeking a straightforward, no-frills asset. It's a realistic option for those prioritizing location and getting a foothold in homeownership over spaciousness. The smaller scale also makes it a candidate for those looking to downsize without leaving the community. A thoughtful perspective is that a home of this vintage and size on a smaller lot offers a simpler, more efficient living arrangement with a reduced environmental footprint and lower maintenance costs compared to larger, newer builds.
Frequently Asked Questions
1. Is the sold price history provided exact?
No, the listed sold prices are ranges based on public data. You can request the exact sold price history by emailing the listing service, which provides the information manually without unsolicited marketing.
2. How does the home's size compare to others?
At 720 sqft, the living area is below the average for similar homes on Rutland Street, in the King Edward area, and across Winnipeg. This indicates a more compact living arrangement.
3. What does the "below average" land area mean for me?
The lot size of 2,517 sqft is smaller than most in the area. This typically means less outdoor maintenance but also limited space for expansions, large gardens, or additions, which is an important consideration for future plans.
4. The home was built in 1914. Should I be concerned?
While the age indicates potential for character, it also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand any needed updates or ongoing maintenance specific to century-old homes.
5. Why is the city-wide assessed value comparison so different?
The assessed value is around average for King Edward but below the Winnipeg average because city-wide data includes many newer, larger homes in suburban areas. This highlights the property's affordability within an established central neighbourhood.
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