102 Savoy Crescent

Property Overview: 102 Savoy Crescent

This well-situated Betsworth bungalow presents a practical and low-maintenance living opportunity. Its key appeal lies in a combination of a generous, established lot and a functional, single-level layout. The home, built in 1976, features a finished basement and a detached split garage. With a land size of over 6,400 sqft, the property ranks in the top 23% for lot size across Winnipeg, offering significant outdoor space relative to many city lots. The interior living space is a modest 943 sqft, suggesting a home suited for efficient living or a smaller household. Its overall assessed value positions it as a competitively priced option within its broader market.

This property would likely suit first-time buyers seeking an entry point into a stable neighborhood with room to grow outdoors, or downsizers looking for a manageable bungalow layout without sacrificing yard space. Its rankings indicate it is a more compelling value based on its land parcel than on its interior size or recent updates, appealing to those who prioritize lot potential over turn-key finish.

Key Considerations & FAQs

1. What is the true sense of space here?
   While the house itself is compact at under 1,000 sqft, the finished basement effectively doubles the usable living area. The standout feature is the large, 6,446 sqft lot, which offers substantial room for gardening, recreation, or future expansion like a deck or shed, which is increasingly rare in newer subdivisions.

2. How does its value compare in the area?
   The assessment suggests the home is priced below the median for Winnipeg but is fairly aligned with the neighborhood. Its highest ranking is for its lot size, indicating you are primarily investing in the land and location, with the home representing a functional dwelling.

3. Is this a move-in-ready home?
   Given its age (50 years), buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems. The finished basement is a plus, but the condition of the finishings should be verified. It is a classic "solid foundation" property.

4. Who would this layout suit best?
   The one-storey design with a basement is ideal for those seeking to avoid stairs for daily living, with the basement providing extra space for guests, hobbies, or storage. The layout is likely best for individuals, couples, or a small family.

5. What's the neighborhood like?
   Betsworth is a mature, established community. The property's rankings show it is on a street and in a neighborhood with homes of mixed ages and values, suggesting a diverse, non-uniform streetscape typical of areas developed in the 1970s.