Property Overview: 323 Rutledge Crescent, Grassie, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home at 323 Rutledge Crescent is a solid, middle-of-the-road property in Winnipeg's Grassie neighbourhood. Built in 1986, it offers 1,393 sqft of living space and a renovated basement on a standard 5,518 sqft lot with an attached garage. Its appeal lies in its established location and practicality. The home doesn't rank as exceptionally large or new within its immediate area, but it holds its own as an average or slightly above-average offering when compared city-wide, particularly in assessed value. This suggests a well-maintained property that aligns with broader market expectations.
The home would suit pragmatic buyers—perhaps first-time homeowners, downsizers, or investors—who value a move-in-ready, no-fuss bungalow layout in a mature community. It’s for someone who prioritizes functional space (like a finished basement) over standout size or modern year-built stats. A thoughtful perspective is that its "average" metrics within the street and neighbourhood could indicate stability and predictability, with less risk of overpaying for fleeting premium features. It represents the dependable core of the local housing market.
Frequently Asked Questions
1. How does this home’s value compare to others in Grassie?
The assessed value of $464,000 ranks in the top 59% for the Grassie area, meaning it is assessed higher than many neighbourhood peers. This often reflects recent updates, like the basement renovation, and a solid overall condition.
2. Is the living space smaller than other homes nearby?
At 1,393 sqft, the living area is slightly below the current average for similar homes on Rutledge Crescent (approx. 1,482 sqft). However, the renovated basement adds functional space, making the total usable area more competitive.
3. What does the year built (1986) mean for a buyer?
Built 40 years ago, this home is older than many in Grassie but is still newer than the average Winnipeg home. Buyers can expect well-established infrastructure and mature landscaping, but should ensure major systems (roof, HVAC) have been updated or budget for potential maintenance.
4. Can I find out the exact historical sale price?
The listed sale range from August 2016 is $335,000-$365,000. The exact sale price is not publicly posted, but you can request it directly via the "Get exact sold price history" feature on the listing page.
5. What are the key considerations for resale value here?
The home’s above-average assessment for the area is a positive. Resale will likely hinge on maintaining its updated condition and the ongoing appeal of the one-storey layout. Its "average" lot and living space size mean it won’t stand out for those metrics, so its value will be driven by its overall presentation and the stability of the established street.