54 Savoy Crescent

Property Overview: 54 Savoy Crescent

This well-established Betsworth bungalow offers a practical and comfortable living space on a generous, mature lot. Its key appeal lies in a balance of space, location, and value. The 1,384 sqft home sits on a large 6,491 sqft lot, providing ample outdoor room in a quiet crescent setting. Built in 1976, it features a finished basement and an attached garage. The home's rankings are notable: it surpasses 77% of Winnipeg homes in lot size and 66% in living area, indicating a property that is more spacious than most in the city. Its overall assessment value also ranks in the top third locally.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a fit for value-oriented buyers who prioritize land size and functional space over a newer build, and who appreciate a home with established character in a mature neighbourhood.

Frequently Asked Questions

1. What is the significance of the property rankings?
The rankings show how this home compares to others in its immediate area and across Winnipeg. For example, ranking in the top 23% city-wide for lot size highlights one of its standout features: a very large yard for the area.

2. Is the finished basement included in the 1,384 sqft living area?
Typically, the listed "living area" refers to above-ground, finished space. The finished basement is an additional area, adding functional rooms like a rec room or extra bedrooms.

3. What are the considerations with a 50-year-old home?
While offering established charm and mature landscaping, a home of this age may require updates to major systems like roofing, windows, or the furnace. A thorough inspection is advised to understand its current condition and any upcoming maintenance.

4. The home ranks lower for "newness" in its community. Should I be concerned?
This ranking reflects the mature nature of the Betsworth area, where many homes are of a similar vintage. It doesn't necessarily indicate condition, but rather confirms the neighbourhood's established, stable character.

5. How does the assessment value relate to the likely selling price?
The municipal assessment is for tax purposes and is a historical snapshot. The market price is determined by current buyer demand, recent sales of comparable homes, and the property's specific condition. The assessment is a useful benchmark but not a guaranteed sale price.