315 Rutledge Crescent

Property Overview: 315 Rutledge Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Grassie presents a solid, move-in-ready opportunity. Its key characteristics include 1,376 sqft of living space, a renovated basement, and an attached garage, all on a standard 5,283 sqft lot. Built in 1986, the home is a mature property that has been maintained.

The appeal lies in its established neighbourhood setting and its position as a comfortably average home within its immediate area. The data shows it consistently ranks around the middle of the pack for size, value, and lot size on its own street and in Grassie, suggesting it fits seamlessly into the local market without extreme premiums or drawbacks. The renovated basement adds functional living space. A thoughtful perspective is that this "averageness" can be a strength—it avoids the volatility and premium pricing of top-tier properties while offering more space and updates than entry-level options, representing a stable, middle-ground investment.

This property would suit practical buyers looking for a straightforward family home in a settled community without the surprises of a major fixer-upper. It’s also a sensible fit for those who value neighbourhood character over brand-new construction and want a home that aligns closely with the norms and values of its immediate surroundings.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the wider Winnipeg market?
Interestingly, while the home is average for its street and neighbourhood, its assessed value places it above the city-wide average (in the top 26% of all Winnipeg homes). This indicates that the Grassie area generally commands stronger assessed values compared to the city as a whole.

2. Is the 1986 build date a concern?
The home is 40 years old, which is newer than the Winnipeg city average but older than the average in Grassie. This suggests the immediate neighbourhood has seen more recent development. The age implies potential for future updates, but the renovated basement shows key systems have seen investment.

3. What can the 2017 sale price range tell me?
The sold price range from 2017 provides a historical benchmark, but it is not the current market value. It’s most useful for understanding the home’s price trajectory over an 8-year period and should be compared with recent sales of similar homes for an accurate present-day valuation.

4. How does the lot size impact this property?
At just over 5,200 sqft, the lot is slightly smaller than the averages for the street, neighbourhood, and city. This typically means lower maintenance and may appeal to those seeking a manageable yard, but it offers less private outdoor space than some larger lots in the area.

5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this precise data directly via email upon request, as they manually verify the information from their records.