Property Summary: 3 Savile Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained 1977 bungalow sits on a spacious, nearly 6,000 sqft lot in the Betsworth neighbourhood. Its key features include a fully finished basement, a split garage, and a practical single-storey layout with 1,190 sqft of living space. The home’s recent sale in April 2024 for $430,000—significantly above its assessed value—indicates strong market demand and suggests the property is likely in good, updated condition.
The appeal lies in its established, quiet street setting combined with a very generous lot size, offering room for gardening, play, or expansion. Its competitive rankings show it outperforms most homes on its specific street and a solid majority across Winnipeg for size and recent sale price, pointing to a desirable micro-location. This property would best suit first-time buyers or downsizers looking for a manageable, single-level home with a low-maintenance exterior and the bonus of developed basement space for a family room or hobbies. It’s a grounded choice for those prioritizing lot size and street appeal over a brand-new build.
Section 2: Frequently Asked Questions
1. What does the "fully finished basement" include?
While the listing confirms the basement is finished, specifics on room layout, ceiling height, and whether it includes a bathroom or separate entrance are not provided. A viewing is essential to assess this valuable space.
2. How does the recent sale price compare to the assessment?
The home sold for $430,000 in April 2024, which is approximately 12% above its $385,000 assessed value. This is a strong indicator of its perceived market worth and may reflect updates or features not fully captured in the assessment.
3. Is the neighbourhood family-friendly?
The Betsworth area is an established community. The property's lot size is a major asset for families, and its rankings suggest it's on a particularly desirable street within the neighbourhood.
4. What are the main considerations for a home built in 1977?
While offering solid construction and mature landscaping, a home of this age may have original components—like the roof, windows, or major mechanical systems (furnace, electrical)—that are nearing or due for updates. A thorough inspection is advised.
5. What does the "split garage" mean?
This typically refers to a two-car garage that is divided by a wall or column, creating two separate single bays. It offers more flexibility than a single, open double garage.