Property Overview: 162 Rutledge Crescent, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Rutledge Crescent presents a solid, move-in-ready opportunity in Winnipeg's Grassie neighborhood. Its key characteristics include a renovated basement, an attached garage, and 1,624 sqft of living space. Built in 1987, the home is notably well-maintained for its age compared to many in the city.
The appeal lies in its balanced, above-average positioning within a stable setting. While its size and lot are typical for the immediate street, its assessed value and condition rank above average both locally and citywide. This suggests a property that has been cared for and holds its value well within its peer group. The renovated basement adds functional living space without the need for immediate projects.
This home would suit practical buyers looking for a established, no-surprises home in a mature neighborhood. It’s ideal for someone who values space and updates over a brand-new build, and who appreciates a property that stands a bit above the median in terms of investment and upkeep. It’s less suited for those seeking a very large lot, ultra-modern finishes, or a brand-new subdivision feel.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it’s a strong performer. Its assessed value is in the top 28% on its own street and top 24% citywide, indicating it’s viewed as more valuable than many comparable homes. Its living space is also above the city average.
2. Is the 1987 build date a concern?
While older than many homes in the broader Grassie area, it’s actually newer than the typical Winnipeg home. Its above-average rankings for value and condition suggest major systems have likely been maintained or updated, but a thorough inspection is always recommended.
3. What can the 2021 sale price range tell me?
The prior sale gives a recent market benchmark. The current assessed value being higher than that sale range could reflect market appreciation, the basement renovation, or both, highlighting the added value since the last transaction.
4. How does the lot size impact this property?
At just over 5,500 sqft, the lot is average for the street and slightly below average for the city. This means manageable yard maintenance but may not appeal to those prioritizing extensive outdoor space or future large-scale additions.
5. Who are the most likely neighbors or buyers for this street?
With consistent home sizes and values on Rutledge Crescent, the area likely has a stable, long-term resident base. Buyers can expect neighbors in similar life stages, valuing the quiet, established character of the street over trendier, high-turnover areas.