23 Savoy Crescent

Property Summary: 23 Savoy Crescent

Key Characteristics & Appeal

This is a well-established, single-storey home in the Betsworth neighbourhood, built in 1977. Its key features include a fully finished basement, an in-ground pool, and an attached garage on a spacious, nearly 6,000 sqft lot. The home’s primary appeal lies in its mature setting and recreational backyard, offering a classic suburban lifestyle.

The data reveals a property with solid, above-average fundamentals for the area. It ranks notably high within its own street for lot size, newer construction age, and assessed value, suggesting it is one of the more substantial and well-regarded homes on the block. For the wider city, it consistently outperforms the majority of Winnipeg homes in size, value, and condition. This points to a home that has been maintained and sits on a desirable lot.

This property would suit a buyer looking for a move-in ready home with established gardens and private outdoor space for summer enjoyment. It’s ideal for those who value neighbourhood character over new construction and want the space and features for family gatherings or quiet relaxation without starting from scratch. A thoughtful perspective is that while the home is nearly 50 years old, its competitive rankings indicate it has likely seen thoughtful updates, making it a prudent choice for someone seeking value and stability rather than a project house.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this home compares to others in its immediate street, wider neighbourhood, and all of Winnipeg. For example, ranking in the top 5% on its street for age means it is newer than 95% of its direct neighbours, which is a positive indicator of its relative condition and potential.

2. Is a 1977 home a concern?
While systems like roof, windows, and mechanicals will be at varying stages of their lifespan, the home ranks better than 59% of all Winnipeg homes for age. This suggests the neighbourhood itself is mature and well-kept. A thorough inspection is always advised, but the data indicates the property is not an outlier in terms of age for the city.

3. How does the pool impact value and upkeep?
The pool is a significant lifestyle amenity that will be a major pro for some buyers and a con for others. It adds to summer enjoyment and entertainment value but requires seasonal maintenance, adds to utility costs, and carries insurance considerations. It’s a defining feature that narrows the buyer pool to those who want and will use it.

4. What is the significance of the lot size?
At 5,999 sqft, the lot is larger than 85% of those on its street. This provides ample private outdoor space, room for the pool and patio, potential for gardening, and a greater sense of privacy—a valuable and irreplaceable asset in a mature neighbourhood.

5. Why is the assessed value higher than many Winnipeg homes?
The assessed value of $444,000 ranks higher than 73% of city homes, reflecting the combined value of its above-average lot size, finished living space (including the basement), desirable features (pool, garage), and its standing within a stable neighbourhood. It confirms this is not a starter home but a property positioned in the city’s upper-mid tier.