Property Overview: 257 Rutland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2022, stands out for its modern foundation in the established King Edward neighbourhood. Its primary appeal lies in its combination of new construction and above-average space. With 1,512 sqft of living area, it offers significantly more room than most homes on its street and in the immediate area, placing it in the top tier locally. The home also features a renovated basement, adding to its functional space.
The property is best suited for buyers seeking a modern, low-maintenance home without sacrificing interior square footage. It’s ideal for those who value newer systems, contemporary layouts, and the peace of mind that comes with a recent build, all within a mature community. A thoughtful perspective for potential buyers is to consider the trade-off: while the house itself is modern and spacious, the land area is comparatively compact. This suits owners who prefer less yard maintenance but may not appeal to those dreaming of extensive gardens or large outdoor additions. Its elite rankings for assessed value in the area suggest it is perceived as a substantial and premium asset within its local market context.
Section 2: Frequently Asked Questions
1. Is this a brand-new home?
The home was built in 2022, so it is relatively new. It is past the initial builder warranty period but remains a modern property with contemporary standards and minimal wear.
2. How does the property size compare to the neighbourhood?
The living space is generous for the area, ranking in the top 5% on Rutland Street. However, the lot itself is smaller than average for the neighbourhood, which is a common characteristic of newer infill developments in established areas.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.
4. There’s no garage. What are the parking options?
The listing notes no garage. Parking is likely via a driveway or on-street. Verifying the exact parking provisions with the city or a property visit is recommended.
5. The assessed value seems low compared to city-wide averages. Why?
The assessed value is for municipal tax purposes and is not market value. The key takeaway is that this home’s assessment is in the top 1-4% for its neighbourhood and street, indicating it is considered a high-value property for this specific area.