Property score
61.2
Fair
Overall 61.2 · Newer than most nearby homes
906 sqft (top 50%) · Built in 2016 (68 yrs newer 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
Near average
5% smaller than neighborhood avg.
Year Built
Above average
68 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
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
61.2 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
432 Rutland Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 448 m), 1 shopping (nearest 420 m), 4 parks (nearest 159 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 14% | Top 11% | Top 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 15% | Top 16% | Bottom 47% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 37% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 432 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 432 Rutland Street presents a practical and modern opportunity in Winnipeg's King Edward neighbourhood. Its key characteristic is its relative newness, built in 2016, which places it well above average for the area and suggests modern construction standards and systems. With 906 sqft of living space, it offers a manageable footprint that is typical for the immediate street and neighbourhood, appealing to those seeking a low-maintenance layout.
The home’s primary appeal lies in its strong value proposition within its local context. Its assessed value ranks notably above average for both Rutland Street and the wider King Edward area, indicating a perceived solid investment for the location. The presence of a detached garage adds functional value. However, the land size is below average for the area, which is a trade-off for the newer build and may limit extensive outdoor projects.
This property would suit first-time homebuyers or downsizers looking for a modern, move-in-ready home without the concerns of an older property’s upkeep. It’s also a sensible fit for value-focused investors or buyers who prioritize interior condition and modern amenities over a large yard. The data suggests it’s a home that stands out on its street not for size, but for its contemporary build and efficient use of space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is consistently above the average for both Rutland Street and the King Edward neighbourhood, though it is around the citywide average. This indicates strong relative value in its immediate locale.
2. What are the implications of the smaller land area?
The lot is below average in size for the area. This typically means less yard maintenance but may limit potential for expansions like large decks, additions, or sprawling gardens. It emphasizes the property’s focus on the dwelling itself.
3. Since it was built in 2016, are major repairs likely soon?
As a relatively new build, major structural components like the roof, furnace, and windows should have considerable life left, reducing the risk of near-term significant capital expenditures.
4. The home sold recently in 2024. What does that indicate?
The recent sale suggests a motivated seller and a current market price. Buyers should investigate why it’s back on the market so quickly, but it also means the property has been vetted very recently by another purchaser and their inspector.
5. Is the basement finished?
The listing specifies the basement exists but is "not renovated." This means it is likely an unfinished space, offering storage or future expansion potential, but not additional livable square footage in its current state.
