Property Overview: 339 Rutledge Crescent, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home, built in 1986, stands out primarily for its generous lot and above-average living space. Its key characteristic is an exceptionally large, private lot of over 10,250 sq ft, which ranks in the top 3% for size on its own street. The 1,823 sq ft of living area is also notably spacious, placing it well above local and city averages. The home features a renovated basement and an attached garage.

The appeal lies in the balance of established community character and tangible space. While the home itself is from the mid-80s, the renovated basement adds modern utility. The true value, however, is in the land. The lot offers rare potential for gardening, recreation, or future expansion in a mature neighborhood. It suits buyers who prioritize outdoor privacy and space over a brand-new build, and who see value in a home that offers more square footage—both indoors and out—than most of its direct peers. It’s a practical choice for families or individuals needing room to grow, who are comfortable with a home of this vintage and appreciate the stability of an established area like Grassie.

Section 2: Frequently Asked Questions

1. How does the home’s age affect its value?
Built in 1986, the home is newer than the Winnipeg city average but older than many in the immediate Grassie area. This suggests a well-established property in a mature neighborhood. Value is supported by the renovated basement and the significant lot size, which often outweigh the year built for many buyers.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($50.70k) is for taxation purposes. The last known sold price range (2021) was $45.50k-$48.50k. Market conditions have changed since then, so a current professional appraisal or comparative market analysis is essential to determine today’s fair market value.

3. What does the "top 3%" lot ranking actually mean?
This statistical ranking means that on Rutledge Crescent, only 2 out of 107 comparable properties have a larger land area. It highlights a defining and rare feature of this property compared to its direct neighbors, offering more privacy and yard space than nearly all homes on the street.

4. Who would this property not be ideal for?
It may not suit buyers seeking a modern, open-concept layout or a brand-new home, as a 4-level split is a more compartmentalized style. Those unwilling to manage the upkeep of a large lot or who prefer a brand-new community aesthetic might also look elsewhere.

5. How can I find out the exact historical sold prices?
The provider states that exact sold prices are verified manually from their data sources. You can request this detailed history by submitting your email to them directly, as shown in the property data. They note this is a manual process with a same-day reply aim and no marketing spam.