Property Summary: 375 Rutledge Crescent, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Grassie presents a practical opportunity. Its key characteristics include a renovated basement, an attached garage, and a notably generous lot size of over 6,600 sqft—a standout feature that ranks well above average for both the immediate street and the wider city. Built in 1990, the house is newer than many in Winnipeg. With 1,104 sqft of living space, it offers a compact and manageable layout.
The appeal here is grounded in value and potential. The home’s assessed value sits below the average for its immediate neighbourhood and street, which may present an accessible entry point into the area. The large lot is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion. The renovated basement adds immediate functional living space.
This property would suit first-time buyers or downsizers looking for a single-level home in a mature neighbourhood without a premium price tag. It’s also a sensible fit for value-conscious buyers who prioritize land size over a large interior footprint, seeing the lot as a long-term asset.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,104 sqft, the living area is below the average for both Rutledge Crescent and the Grassie area, but is close to the average for the entire city. It indicates a more compact, efficient layout.
2. What does the assessed value ranking mean?
The assessed value is below the average for this specific street and neighbourhood. This doesn’t dictate market price, but it can sometimes indicate a relatively lower property tax burden compared to neighbouring homes.
3. Is the large lot a common feature here?
No. The lot size of 6,676 sqft is a key advantage, ranking in the top 20% on the street and city-wide. It is substantially larger than many comparable plots in the area.
4. The home sold in early 2020. What context is there for that price?
The sold price range shown is from January 2020. It is essential to view this as historical data, as the Winnipeg market has experienced changes since that time. Current value would be influenced by present market conditions, the renovated basement, and the desirable lot size.
5. What is the neighbourhood context of Grassie?
Grassie is a established neighbourhood in Winnipeg. The home’s year built (1990) is newer than the city-wide average, suggesting it’s among the more recent builds in a mature area, potentially offering newer core systems than many city homes.