23 Savile Avenue

Property Overview: 23 Savile Avenue

This 1977-built, one-storey home in Betsworth presents a practical and well-established living option. Its primary appeal lies in offering solid value and space on a large, nearly 6,000 sqft lot, with the convenience of a finished basement and a split garage. The home suits first-time buyers seeking a manageable single-level layout, value-oriented investors, or downsizers who prioritize a generous yard over a large interior footprint. A thoughtful perspective is its strong relative standing on its specific street—ranking in the top 7% for lot size, age, and assessed value—suggesting it is among the more substantial and well-regarded properties in its immediate locale, which can be a stabilizing factor. However, its rankings within the broader community are more moderate, indicating a comfortable, average fit for the neighborhood rather than standing out as exceptional.

Key Details & FAQs

Key Characteristics:

• Layout & Space: A 1,262 sqft bungalow with a finished basement, offering flexible living space on a single level.
• Lot: A significant asset is the 5,999 sqft lot, providing ample outdoor space for gardening, play, or expansion.
• Practical Features: Includes a split garage and the added living area of a finished basement.
• Market Position: The property shows consistently high rankings on its own street for key metrics, but presents as a mid-range option within the wider Betsworth community, suggesting a balanced investment without an excessive premium.

Who It Suits:
This home is ideal for buyers looking for a straightforward, single-level living situation with a large yard. It would work well for first-time homeowners, those seeking a lower-maintenance property without sacrificing outdoor space, or investors attracted by its stable street-level valuations and finished basement potential.

Frequently Asked Questions

1. How does the home's age affect its value and potential?
Built in 1977, the home is approaching 50 years old. This typically means maintenance items like the roof, windows, and major systems should be carefully inspected, as they may be at or beyond their typical lifespan. Conversely, homes of this era often feature larger lot sizes and simpler, robust construction compared to newer builds.

2. What do the "rankings" actually tell me?
They show how this property compares to others in three areas: its street, the Betsworth community, and all of Winnipeg. Notably, it ranks in the top 7% on its own street for lot size, age, and assessed value, meaning it's a leading property in its immediate micro-neighborhood. Its more average rankings in the wider community suggest its value is aligned with local norms.

3. Is the finished basement included in the 1,262 sqft living area?
Typically, the listed "living area" (1,262 sqft) refers to above-grade, heated space. The finished basement is an additional area that adds functional space but is usually not counted in the official square footage for the main floor.

4. What is the benefit of a "split garage"?
A split garage, typically a double-width garage separated by a wall or support, offers flexibility. It can be used to separate vehicles from workshop or storage space, or to easily create a single garage with a separate, enclosed storage room.

5. Why is the lot size considered a key feature here?
At nearly 6,000 sqft, the lot is significantly larger than many found in newer subdivisions. This provides rare potential for outdoor activities, landscaping, gardening, or future additions like a shed or deck, which is a major draw for those seeking space in the city.