435 Rutland Street

King Edward, Winnipeg

59.6

Fair

Overall 59.6

Larger than most nearby homes

1,050 sqft (top 27%)

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

Living Area

Above average

10% 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)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

59.6 is composed by the two sections below.

Property Score

49.8Low
Living Area1,050 sqft52Fair
Year Built194830Low
Lot Size4,533 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

74.4Good
Household Income81Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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

above average
1,050 sqft
0255075100
Same streetTop 27%Same areaTop 27%CitywideBottom 33%
Same street · Rutland Street
#50 / 183
Top 27% · Avg 968 sqft
Same area · King Edward
#654 / 2,385
Top 27% · Avg 952 sqft
Citywide · Winnipeg
#129,522 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
246k
0255075100
Same streetTop 48%Same areaBottom 46%CitywideBottom 16%
Same street · Rutland Street
#88 / 183
Top 48% · Avg 262.1k
Same area · King Edward
#1,285 / 2,385
Bottom 46% · Avg 258.2k
Citywide · Winnipeg
#162,844 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1948
0255075100
Same streetTop 32%Same areaTop 41%CitywideBottom 26%

Lot Size

above average
4,533 sqft
0255075100
Same streetTop 17%Same areaTop 32%CitywideBottom 35%

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

435 Rutland Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 419 m), 1 shopping (nearest 406 m), 4 parks (nearest 195 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 7/2022CA$250k–300k
Sold price

Same street

Top 32%

Same area

Top 35%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 435 Rutland Street, Winnipeg

Property Overview: 435 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 key appeal lies in its above-average land size for the immediate area—a 4,533 sqft lot that ranks in the top 17% of Rutland Street—offering more outdoor space than many neighbouring properties. With 1,050 sqft of living area, the house itself is modest but competitively sized for the local market, ranking above the area average.

The home suits buyers looking for a straightforward, value-conscious entry into homeownership, or investors seeking a rental property with a manageable scale. Its assessed value is notably below the Winnipeg city-wide average, which may indicate a lower property tax burden and an accessible price point. A thoughtful perspective for a buyer is that while the home is older, its construction date is very typical for the established, character-filled streets in this part of the city. The data suggests you're purchasing a home that is very much in line with its immediate community in terms of size, age, and value, rather than an outlier, which can be appealing for those seeking consistency and predictability.

Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value is around the average for both Rutland Street and the broader King Edward neighbourhood, but it sits significantly below the average assessed value for the entire city of Winnipeg. This suggests it represents a more affordable option within the urban market.

2. What does the sold price history indicate?
Public records show the home sold in July 2022 for an estimated range of $255,000 to $285,000. For the exact sale price, you can request the information via email from the listing source.

3. Is the lot size a significant feature?
Yes. The land area of over 4,500 sqft is a standout feature for this specific street, ranking well above the local average. This provides more yard space than many comparable properties in the vicinity, which could be used for gardening, expansion, or simply more private outdoor living.

4. What should I consider about the home's age?
Built in 1948, the home is older than the Winnipeg city median. Prospective buyers should factor in the potential for updates to major aging components like plumbing, electrical, or the roof, which is a common consideration for homes of this vintage.

5. Are there similar properties nearby?
Yes, the property is on a street with many similar homes, as indicated by several nearby addresses on Rutland Street. This consistency can contribute to stable neighbourhood character and provide good comparables for valuation.

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