Property score
54.4
Fair
Overall 54.4 · Compared with neighbourhood average
935 sqft (top 43%) · Built in 1919 (29 yrs older than avg)
Located in a high-income area with median household income of ~90k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 7 parks, and 1 place of worship nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
29 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
54.4 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
402 Rutland Street — 11 amenities found within 500 m, across 4 categories, including 2 dining (nearest 358 m), 1 shopping (nearest 314 m), 7 parks (nearest 256 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 31% | Bottom 33% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 42% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 402 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1919, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its generous, above-average lot size of 4,841 sq ft, offering more outdoor space than most properties on the street and in the immediate area. The home itself, with 935 sq ft of living space and a renovated basement, is functionally sized and aligns with the typical scale of the local market.
The property suits buyers looking for a grounded, value-conscious entry into homeownership, or an investor seeking a land-advantaged asset. Its assessed value is modest relative to the wider city, suggesting a lower property tax burden. A thoughtful perspective for the right buyer is viewing this not just as a house, but as a parcel of land with a classic Winnipeg character home on it—the structure provides immediate utility, while the lot size holds potential for future enjoyment or expansion. It’s a home that ranks as "around average" in its immediate context but offers a standout feature (the lot) that isn't immediately obvious from the street view.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 4,841 sq ft is notably larger than the average for both Rutland Street and the King Edward area, placing it in the top 15-22% locally. This is a key differentiator for the property.
2. What is the typical price range for this home based on recent sales?
Based on available public data, the home sold in the range of $219,500-$245,000 in July 2021 and $195,000-$225,000 in March 2024. For the exact historical sold price, you can request the information directly via the listing page.
3. Is the living space smaller than average?
Within the King Edward neighbourhood and on Rutland Street itself, the 935 sq ft living area is very close to the local average. It is, however, below the much larger city-wide average, which reflects the more compact, established character of many central Winnipeg communities.
4. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope or finish. This would be a key point to clarify with the listing agent to understand if it's a finished living space, a modernized utility area, or has separate entrance potential.
5. How old is this home, and should I be concerned?
Built in 1919, the home is over a century old. This is typical for the street and area. While this means diligent inspection for foundational, electrical, and plumbing updates is essential, it also reflects the enduring construction and historic character of many homes in central Winnipeg neighbourhoods.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
