Property Overview: 18 Ruttan Bay, Crescent Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park stands out for its generous proportions, both in living space and land. With 2,241 square feet of living area, it offers significantly more interior space than most comparable homes in its immediate area, ranking in the top 5% on its street. The 8,256 sqft lot is also substantially larger than the city-wide average, providing ample outdoor space. The home features an attached garage and a renovated basement, adding to its functional appeal. Built in 1953, it is a mature property with established character.
Its primary appeal lies in this combination of spaciousness and location. It offers the roominess often sought in newer suburbs but within the established, desirable Crescent Park neighbourhood. The renovated basement adds modern livability to the classic layout. This property would particularly suit buyers looking for single-level living without compromising on square footage, or families valuing large indoor and outdoor spaces in a prime area. A less obvious advantage is its strong standing in assessed value relative to its immediate peers (top 11% on its street), suggesting it is perceived as a premium property within its own micro-market, which can be a stabilizing factor.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is notably larger, placing it in the top 5-8% of homes in both the Crescent Park area and city-wide. It has over 800 more square feet than the average comparable home on its own street.
2. What is the property’s lot like?
The lot is a key feature at 8,256 sqft, placing it in the top 10-21% for land area across comparison groups. It offers considerable outdoor space relative to typical city lots.
3. Has the home been updated?
The listing specifies a renovated basement. As the home was built in 1953, prospective buyers should inquire about the age and condition of other major systems, such as the roof, plumbing, and electrical.
4. What is the neighbourhood context of Ruttan Bay?
The data shows that homes on Ruttan Bay itself tend to have higher assessed values and larger living areas on average compared to the broader Crescent Park area, indicating it is a desirable street within the neighbourhood.
5. What do the past sale prices indicate?
The home sold twice in recent years (2020 and 2021) at the same price. This stability, in a period of generally rising markets, may suggest the price reflected its specific premium value at those times. It is advisable to research current market conditions for a present-day comparison.