255 Rutledge Crescent

Grassie, Winnipeg

Property score

71.3

Good

Overall 71.3 · Smaller and older than most nearby homes

1,114 sqft (bottom 12%) · 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

Living Area

Below average

27% 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)

Sold Count

454

Median price

528k

$/sqft

$376/sqft

Avg build year

2000

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Property score

71.3 is composed by the two sections below.

Property Score

62.0Fair
Living Area60
1,114 sqftFair
Year Built78
1986Good
Lot Size60
4,918 sqftFair
Neighbourhood Sales Activity28
Low

Community Score

85.2Excellent
Household Income92
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111252

Community deep dive

$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

Population, labour & age

Population (2021)2,020
Labour force participation rate73%
Median age37.6
Avg household size3.4
Unemployment rate4%
Population density1683 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children49%
Median household income (2020)$134K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$428K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Punjabi · 15%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,114 sqft
0255075100
Same streetBottom 5%Same areaBottom 12%CitywideBottom 41%
Same street · Rutledge Crescent
#102 / 107
Bottom 5% · Avg 1,482 sqft
Same area · Grassie
#1,189 / 1,348
Bottom 12% · Avg 1,524 sqft
Citywide · Winnipeg
#114,943 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
427k
0255075100
Same streetBottom 27%Same areaBottom 21%CitywideTop 33%
Same street · Rutledge Crescent
#78 / 107
Bottom 27% · Avg 459.8k
Same area · Grassie
#1,065 / 1,348
Bottom 21% · Avg 482.7k
Citywide · Winnipeg
#63,248 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 36%Same areaBottom 18%CitywideTop 27%

Lot Size

around average
4,918 sqft
0255075100
Same streetBottom 10%Same areaBottom 29%CitywideBottom 42%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

255 Rutledge Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 293 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 11/2020CA$350k–400k
Sold price

Same street

Bottom 32%

Same area

Bottom 28%

City-wide

Top 40%

Related homes

Highlights & common questions: 255 Rutledge Crescent, Winnipeg

Property Overview: 255 Rutledge Crescent, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in Grassie presents a practical and affordable entry point into the Winnipeg market. Built in 1986, its key features include 1,114 sqft of living space, a renovated basement, an attached garage, and a 4,918 sqft lot. The home’s primary appeal lies in its solid value proposition. While its living space and lot size are modest compared to immediate neighbours, its city-wide assessed value is competitive, suggesting a lower property tax burden relative to many other areas. This creates an opportunity for buyers seeking a functional, single-level layout without a premium price tag.

The property would best suit first-time homebuyers, downsizers looking for minimal maintenance, or pragmatic investors seeking a rentable property with recent basement updates. A thoughtful perspective is that this home offers more space and privacy than a condo for a similar budget, while its "below average" metrics for the street might indicate less pressure for immediate, high-end renovations, allowing new owners to customize at their own pace.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
While its assessed value is below the average for both Rutledge Crescent and the broader Grassie neighbourhood, it sits closer to the city-wide average. This often indicates a more affordable tax assessment compared to immediate neighbours, which can be a long-term financial advantage.

2. Is the living space sufficient for a family?
At 1,114 sqft, the living area is compact. It would comfortably suit a small family, a couple, or an individual. The renovated basement provides crucial additional flexible space, which is a key asset for maximizing the home’s functionality.

3. What does the lot size mean for outdoor space?
The lot is under 5,000 sqft, which is smaller than many in Grassie. This means lower maintenance for gardening and yard work—a plus for those seeking ease—but may limit options for large additions or extensive outdoor entertaining spaces.

4. The home was last sold in late 2020. What should I consider?
The sale history shows a significant increase in assessed value since 2020. A pre-purchase inspection is especially recommended to understand the condition of the 40-year-old home’s major systems (roof, HVAC, plumbing) and to verify the quality of the basement renovation.

5. Who are the typical neighbours on this street?
The provided comparable properties on Rutledge Crescent are generally larger and have higher assessed values, suggesting the street consists of established, likely long-term residents. This can contribute to a stable neighbourhood feel.