70.6
Good
Property score
70.6
Good
Overall 70.6
Smaller and older than most nearby homes
1,073 sqft (bottom 8%)
Built in 1986 (14 yrs older than avg)
Located in a high-income area
with median household income of ~134k
Transit 64.0
2-min walk to transit with 1 nearby route
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 60%Punjabi · 15%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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70.6 is composed by the two sections below.
Property Score
Community Score
Grassie
How to read: Share of sales in each ~$50k price band for “grassie” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111252
$134K
Median household income
$140K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
7%
Single-person households
49%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
251 Rutledge Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 292 m).
Grassie · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
60%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Bottom 47% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 251 Rutledge Crescent, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Grassie presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 1,073 sqft main floor. The property stands out for its generous, above-average lot size (nearly 6,900 sqft), offering more outdoor space than most homes on the street and in the wider area—a notable advantage for gardening, recreation, or future expansion.
The appeal lies in its position as a competitively priced entry point into the neighbourhood. With an assessed value significantly below the local street and area averages, it represents a relative value play. It’s a home that prioritizes land over sheer interior size, suiting buyers who value outdoor space and a renovated lower level more than a large footprint. This would be a practical fit for first-time homeowners, downsizers seeking single-level living, or investors looking for a stable rental property with a desirable lot size. A less obvious perspective is that its "below average" metrics for the immediate area could indicate less upward pressure from property taxes compared to higher-assessed neighbours, while still providing the benefits of the community.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,073 sqft, the main living area is modest and below the average for both Rutledge Crescent and the Grassie area. However, the renovated basement provides additional finished space, making the total usable area more competitive.
2. Why is the assessed value notably lower than the street average?
The assessed value is below the averages for the street and Grassie. This typically reflects the home's smaller main-floor footprint and older age (built in 1986) compared to many area comps. It results in a lower property tax base, which is a key part of its value proposition.
3. What is the significance of the lot size?
The lot is a major feature. At 6,893 sqft, it is larger than approximately 83% of lots on Rutledge Crescent and 76% in Grassie. This provides a substantial and private outdoor space uncommon for homes at this price point.
4. What can the recent sold price history tell me?
The home sold in October 2023 for a price range aligned with its current assessed value. This suggests a stable market valuation. For the exact historical sold price, you can request the information via email from the listing source.
5. What are the nearby comparable properties like?
Immediate neighbours on Rutledge Crescent are similar in age and style. The listing also references a nearby home on Mclellan Drive (same year, similar size and value) as a useful comparison, indicating this is a typical home for a specific segment of the Grassie market.
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