82 Rutledge Crescent

Property Overview: 82 Rutledge Crescent, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a practical and modern living option. Its key characteristics include a renovated basement, an attached garage, and a notably generous lot size of nearly 7,000 sqft, which is above average for the street, neighborhood, and city. Built in 2007, the house is significantly newer than most Winnipeg homes, suggesting modern construction standards and potentially lower immediate maintenance needs.

The appeal lies in its balanced, data-backed position within the market. While the living space is comfortably average for the area, the property stands out for its newer age, larger lot, and a municipal assessed value that ranks in the top tiers locally. This indicates a property that is perceived to have solid underlying value relative to its peers. It would suit buyers looking for a move-in ready, single-level home with ample outdoor space in a mature neighborhood. It’s particularly fitting for those who value a newer build without sacrificing yard size, or for anyone who appreciates a home with a renovated basement for extra living space, separate from the main floor.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $539,000 is a municipal valuation for tax purposes and ranks highly in the area. While it’s a useful benchmark, the actual market price will be determined by current conditions, the home’s specific features, and buyer demand. Recent nearby sales data should be consulted for a clearer picture.

2. What does "renovated basement" typically include?
The listing confirms a renovated basement but does not specify the scope. Buyers should inquire about the finish quality, the presence of proper permits, moisture-proofing, and whether it includes a bedroom, bathroom, or simply finished living space.

3. Is the lot size a major advantage here?
Yes. At 6,924 sqft, the lot is larger than most comparable properties on the street and in Grassie. This offers more privacy, space for gardening, play, or future additions like a deck or shed, which is a notable perk for a newer home where larger lots are less common.

4. The home sold in 2019. What can that history tell us?
The 2019 sale provides a historical price point, but the market has evolved significantly since then. That sale price is most useful for understanding the owner’s purchase timeline, not for setting current value. The substantial increase in assessed value since then, however, reflects significant municipal-appreciated value growth.

5. Who might this home not suit?
Given its single-storey layout and average living area square footage, it may not suit buyers seeking a very large interior footprint or multiple distinct living areas on the main floor. Those prioritizing a brand-new build or a home with a swimming pool would also need to look elsewhere.