55.4
Fair
Property score
55.4
Fair
Overall 55.4
Compared with neighbourhood average
950 sqft (top 40%)
Built in 1948
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, 5 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
0% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer 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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55.4 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
419 Rutland Street — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 377 m), 1 shopping (nearest 354 m), 5 parks (nearest 231 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 31% | Top 31% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 419 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its strong positioning within its immediate area. With 950 sqft of living space, it is squarely average for Rutland Street and King Edward, offering a comfortable footprint for a smaller household or first-time buyer. A recently renovated basement adds functional living space.
The property stands out for its above-average assessed value and land size compared to its direct neighbours, suggesting it is viewed favourably relative to nearby homes. The lot of 4,432 sqft is notably larger than many on the street, offering valuable outdoor space for gardening, play, or expansion in a mature area. It suits buyers looking for a character home in an established community who value a larger-than-standard lot and a home that compares well locally, even if its size is modest by wider city standards. It’s a property that represents a solid, grounded investment in the fabric of its specific street rather than a standout city-wide.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value of $300k ranks in the top 25% for the King Edward neighbourhood, indicating it is considered above average compared to its immediate peers, despite its living area being average for the area.
2. What is the significance of the lot size?
At 4,432 sqft, the lot is significantly larger than the average on Rutland Street (3,297 sqft). This is a key asset, providing more private outdoor space and potential for future landscaping, sheds, or additions where bylaws allow.
3. Is the living space sufficient for a growing family?
With 950 sqft plus a renovated basement, the home may suit a small family or couple. Buyers should consider if the one-and-a-half storey layout meets their long-term needs, as space is average for the local area but below the Winnipeg city-wide average.
4. What can the sold price history tell me?
Public data shows a sale in September 2020 in the $265k-$295k range. For the exact historical sold price, you can request it via email from the listing source to understand past market performance.
5. How does the age of the home factor in?
Built in 1948, the home is typical for its street and neighbourhood. Prospective buyers should budget for maintenance consistent with a home of this era and consider the benefits of a renovated basement against potential updates needed elsewhere.
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