430 Rutland Street

King Edward, Winnipeg

Property score

44.3

Below average

Overall 44.3 · Smaller and older than most nearby homes

760 sqft (bottom 23%) · Built in 1913 (35 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, 4 parks, and 1 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 81%Tagalog · 8%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

44.3 is composed by the two sections below.

Property Score

24.2Low
Living Area22
760 sqftLow
Year Built16
1913Low
Lot Size28
2,569 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

74.4Good
Household Income81
Excellent
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110253

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate66%
Median age38.4
Avg household size2.3
Unemployment rate7%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children22%
Median household income (2020)$90K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Tagalog · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
760 sqft
0255075100
Same streetBottom 22%Same areaBottom 23%CitywideBottom 7%
Same street · Rutland Street
#142 / 183
Bottom 22% · Avg 968 sqft
Same area · King Edward
#1,837 / 2,385
Bottom 23% · Avg 952 sqft
Citywide · Winnipeg
#181,130 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
199k
0255075100
Same streetBottom 25%Same areaBottom 24%CitywideBottom 8%
Same street · Rutland Street
#137 / 183
Bottom 25% · Avg 262.1k
Same area · King Edward
#1,810 / 2,385
Bottom 24% · Avg 258.2k
Citywide · Winnipeg
#178,762 / 194,458
Bottom 8% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 26%Same areaBottom 15%CitywideBottom 10%

Lot Size

around average
2,569 sqft
0255075100
Same streetTop 44%Same areaBottom 21%CitywideBottom 6%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

430 Rutland Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 443 m), 1 shopping (nearest 413 m), 4 parks (nearest 165 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 6/2016CA$150k–200k
Sold price

Same street

Bottom 7%

Same area

Bottom 9%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 430 Rutland Street, Winnipeg

Property Overview & Key Characteristics

This is a compact, one-storey home built in 1913, situated on a standard city lot in Winnipeg's King Edward neighbourhood. At 760 square feet of living space, the house is notably smaller than most comparable homes in the area, city, and even on its own street. It features a basement that is present but not renovated, and there is no garage or pool. The home's assessed value is significantly below city-wide averages, reflecting its modest size and condition.

Its primary appeal lies in its position as an accessible entry point into the Winnipeg market. It represents a straightforward, lower-cost property ideal for a first-time buyer comfortable with a renovation project, an investor looking for a rental opportunity with a low entry cost, or someone seeking minimal living space and property taxes. A less obvious perspective is that its smaller footprint and lot size (2,569 sq ft) translate to lower maintenance demands and utility costs, which can be a significant long-term advantage. The data suggests that while the house itself is below average in many metrics for the city, it sits on a lot that is relatively average for its immediate street, hinting at potential value rooted in the land itself.

This property would best suit a practical, budget-conscious buyer who views a home as a functional starting point rather than a finished product. It is not suited for those requiring modern finishes, ample space, or who are unwilling to take on incremental improvement projects.

Frequently Asked Questions

1. What is the actual sold price history?
The public records show a sale in June 2016 in the range of $13.5k to $16.5k. For precise, verified sale figures, you can request the exact history via email from the listing source.

2. What does "below average" for size and value really mean for a buyer?
While the home is smaller and valued lower than most, this directly correlates with a more affordable purchase price and ongoing property taxes. It positions the property as a calculated trade-off: you accept less finished space for a lower financial barrier to entry.

3. Is the basement usable?
The listing confirms a basement exists but specifies it is "not renovated." Buyers should anticipate it being in a rough, unfinished state suitable only for basic storage or mechanicals, with significant work required to create livable space.

4. What are the implications of the home's age (1913)?
A home of this age requires a diligent inspection. Potential concerns could include outdated wiring, plumbing, insulation, and the need for foundational upkeep. However, it may also possess character and construction materials not found in newer builds.

5. How does the lot size compare, and why does it matter?
At just over 2,500 square feet, the lot is around average for Rutland Street but below average for the wider area. This means outdoor space is limited but manageable, and the property may feel closely situated to neighbours. For some, this is a drawback; for others, it means less yard work.