64.0
Fair
Property score
64.0
Fair
Overall 64.0
Larger than most nearby homes
1,200 sqft (top 14%)
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, 4 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
Above average
26% larger 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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64.0 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
427 Rutland Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 397 m), 1 shopping (nearest 379 m), 4 parks (nearest 213 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 40% | Bottom 39% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 427 Rutland Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in offering above-average space for the immediate area. With 1,200 square feet of living area, it ranks in the top 18% of homes on Rutland Street for size, providing more room than many neighbouring properties. The lot is also a standout locally at 4,331 square feet, placing it in the top 21% on the street, which is a notable advantage for outdoor space or future expansion in this established area.
The home features a renovated basement, adding to its functional living space. It suits first-time buyers or practical investors looking for a character home with a generous lot in a central location, without the premium price tag of newer or fully modernized properties. A thoughtful perspective is that while its assessed value is average for the street and neighbourhood, it is below the citywide average, suggesting it may represent a value proposition within its own community. The data indicates a stable history, with a sale in late 2017, pointing to a well-established residential setting.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,200 sqft, this home offers more living area than approximately 82% of other homes on Rutland Street, making it a spaciously sized option for the immediate block.
2. What is the significance of the lot size?
The 4,331 sqft lot is larger than about 79% of lots on Rutland Street, providing a valuable outdoor space asset that is less common in this part of the neighbourhood.
3. Is the assessed value typical for the area?
Yes. The assessed value is around the median for both Rutland Street and the broader King Edward neighbourhood, indicating it is priced in line with local market norms.
4. What does the sale history show?
The property was last sold in November 2017. Exact sale prices are available upon request to ensure accuracy, as per the listing details.
5. Are there any notable features or omissions?
The home includes a renovated basement but does not have a garage or pool. Its characteristics are typical of a solid, post-war home with updates, positioned on a notably large lot for the street.
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