102 Rutledge Crescent

Property Overview: 102 Rutledge Crescent, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a compelling blend of space, modernity, and value. Its key characteristics include a generous 1,582 sqft living area, a fully renovated basement, an attached garage, and a large 7,730 sqft lot. Built in 2007, the home is notably newer than most in Winnipeg, suggesting modern construction standards and potentially lower immediate maintenance needs.

The appeal lies in its strong positional value. While the living space is comfortably above the city average, the property truly stands out in its immediate neighborhood. It ranks in the top 10% for lot size and the top 3% for assessed value on Rutledge Crescent itself, indicating it is considered a premium property on its own street. This creates a unique dynamic: you get a modern, spacious home on a large lot within an established area, offering a balance of room to breathe and community maturity.

This property would ideally suit buyers looking for single-level living without compromising on space, such as empty-nesters, small families, or professionals seeking a low-maintenance yet substantial home. It’s also a smart choice for the value-conscious buyer who recognizes the advantage of owning one of the newer and more highly-assessed homes on a given block, which can be a stabilizing factor in a changing market.

Section 2: Frequently Asked Questions

1. What does the high assessed value ranking on the street actually mean?
It means that according to the city’s assessment, this home is among the top 3% most valuable properties on Rutledge Crescent. This typically reflects a combination of the home’s size, condition, lot, and recent updates compared to its immediate neighbors.

2. The home sold in 2022 and again in 2021. Should I be concerned?
Not necessarily. The recent sales history shows activity, but the sold price ranges indicate consistent, above-average value for the area. It’s common for desirable, updated properties to attract owners who may relocate due to life changes. This history also provides clearer, recent market data than many older, long-held homes.

3. Is the renovated basement included in the living area square footage?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 1,582 sqft likely refers to the main and above-ground floor area. The renovated basement is a significant bonus, adding functional space without being reflected in that primary metric.

4. How does a 2007 build date benefit me as a buyer?
A home built in 2007 benefits from modern building codes, materials, and energy efficiency standards. Major components like the roof, windows, and HVAC system are likely in the middle of their lifespan, potentially deferring major capital expenses for years compared to an older home.

5. The lot is large, but what is the backyard like?
With a lot size of over 7,700 sqft, the backyard potential is significant. The specific orientation (sun exposure) and layout would need to be verified by a visit, but the size allows for generous outdoor living space, gardening, play areas, or future additions like a shed or deck, which is a rarity in newer subdivisions.