114 Savoy Crescent

Property Overview: 114 Savoy Crescent

Section 1: Key Characteristics & Appeal

This is a spacious, well-established family home in the Betsworth area, built in 1976. Its primary appeal lies in its generous scale and mature setting. The property sits on a large, approximately 12,437 sqft lot that ranks within the top 3% for size across Winnipeg, offering exceptional outdoor space and privacy rarely found in newer subdivisions. The home itself, a two-storey with 1,456 sqft of living space and a finished basement, provides ample room for a growing family.

The appeal is grounded in value for space and a sense of established permanence. It suits buyers looking for a long-term family home where children can play in a large yard, and who appreciate the character and mature landscaping of an older neighbourhood. It’s ideal for those who prioritize indoor and outdoor square footage over a brand-new build, and for handy individuals who see potential in a solid, 50-year-old structure that may benefit from selective updates over time. The strong rankings for lot size, living area, and assessed value relative to the city suggest a property with inherent, tangible assets that are increasingly scarce.

Section 2: Frequently Asked Questions

1. What is the true value of the lot size?
Beyond privacy, a lot of this size (over a quarter-acre) offers immense flexibility. It allows for potential future additions like a large shed, workshop, or expanded deck, and provides room for gardens, play structures, or even a pool, all without feeling cramped.

2. How should I interpret the "rankings" provided?
These rankings compare this property directly to others on its street, in Betsworth, and across all of Winnipeg. For example, ranking in the top 3% for lot size city-wide is a significant objective advantage. The mixed rankings for age indicate it’s neither the newest nor the oldest home in the area, which is typical for a 1976 build.

3. What does the 2021 sale price tell us?
The prior sale at $420,000, compared to the current assessed value of $478,000, indicates market appreciation over the last few years. It provides a recent benchmark, but the current market conditions and any updates made since 2021 will be the primary drivers of today’s listing price.

4. Is a 50-year-old home a concern?
It represents both character and responsibility. The major systems (roof, windows, furnace) are likely not original, but their age and condition should be verified. A thorough inspection is crucial to understand the home's mechanical health and to plan for future maintenance, which is a standard consideration for any home of this vintage.

5. What is the garage configuration?
The listing specifies a "连体+分体" garage. This typically means a combination of an attached garage (连体) plus an additional detached garage or carport (分体), a highly practical feature for vehicle storage, a workshop, or extra storage space, adding to the property's utility.