Property Overview: 27 Savoy Crescent
This well-situated Betsworth bungalow presents a practical and comfortable living opportunity. Built in 1977, its key appeal lies in its established, spacious lot of nearly 6,000 sqft and a functional, single-level layout spanning 1,190 sqft of living space. The home features a finished basement and an attached garage. Its strength is in its solid fundamentals: it ranks notably newer than most on its street and holds an assessed value above the majority of Winnipeg homes. The property suits first-time buyers seeking a manageable footprint, downsizers looking for a bungalow without stairs, or value-focused investors wanting a home with proven stability in a mature neighbourhood. A less obvious perspective is that homes of this era often feature larger room sizes and more generous window placements than newer builds, offering a sense of space that isn't always captured in square footage alone. Its above-average lot size also provides ample room for gardening, expansion, or simply private outdoor enjoyment.
Frequently Asked Questions
1. How does the age of the home affect its condition and potential costs?
As a 49-year-old property, it is part of a mature neighbourhood with established infrastructure. Buyers should budget for updates to major aging components, such as the roof, windows, or HVAC system, which may be nearing or past their typical lifespan. A thorough inspection is essential.
2. What do the ranking percentages actually mean for me?
They indicate the home's relative position compared to others. For example, ranking "newer than 95% on its street" means it's one of the most recently built homes in that immediate area, which can be a positive for infrastructure. Conversely, its living area size ranks in the middle third locally, confirming it's a standard-sized home for the neighbourhood.
3. Is the finished basement included in the 1,190 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade, heated square footage. The finished basement is an additional bonus space, not included in that 1,190 sqft figure, adding functional room for recreation, storage, or guests.
4. Who might this property not be suitable for?
It may not suit buyers seeking a modern, open-concept layout or move-in-ready finishes without any update projects. Those requiring extensive above-grade space or multiple dedicated bedrooms might find the bungalow footprint limiting compared to a two-storey home.
5. How should I interpret the assessed value versus the listing price?
The government assessment ($417,000) is for tax purposes and reflects a market valuation from a prior date. It's a useful benchmark showing the home is valued above many in the city, but the final sale price is determined by current market conditions, the home's specific state, and buyer competition.