18 Savile Avenue

Property Overview

18 Savile Avenue is a well-established, single-storey home in Winnipeg's Betsworth neighbourhood. Built in 1977, it sits on a large, approximately 6,000 sqft lot and features 1,176 sqft of living space, a finished basement, and an attached garage.

Its primary appeal lies in its generous lot size—ranking in the top 7% on its street—and its solid, established community setting. The home presents a practical, grounded opportunity. It would suit first-time buyers looking for a manageable single-level layout with room to grow outdoors, or value-focused buyers seeking a home with a large yard in a mature neighbourhood, willing to consider a property that may benefit from personal updates over time. The strong lot ranking suggests its land value is a key, lasting asset.

Key Questions for Buyers

1. What do the rankings actually mean?
They show how this property compares to others in the immediate area. For example, ranking in the top 7% for lot size on its street confirms the lot is a standout feature, while more middle-of-the-road rankings for living space suggest the house itself is typical for the area.

2. Is the 2016 sale price relevant today?
It provides a historical benchmark, showing the property appreciated from its 2016 sale price to its current assessed value. However, market conditions have changed significantly since then, so the current market value will be determined by today's conditions and the home's present state.

3. What are the implications of a 49-year-old home?
You benefit from a mature landscape and established neighbourhood character. Be prepared for potential updates to major aging components like the roof, windows, or mechanical systems, which should be factored into your planning and inspection.

4. How does the finished basement add value?
It effectively increases the usable living space, which is a significant advantage for a single-storey home. It’s ideal for a recreation room, home office, or extra storage, adding functional flexibility.

5. Who might this property not suit?
Buyers seeking a modern, move-in-ready home with contemporary finishes and open-concept layouts may find this property requires more work. It’s better suited to those who appreciate the potential of a solid structure and large lot, and who view updates as a way to add their own personal value over time.