Property Summary: 98 Savoy Crescent
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1976, situated on a spacious 6,450 sqft lot in the Betsworth area of Winnipeg. Its key features include a fully finished basement, a split garage, and 1,262 sqft of living space. The home’s appeal lies in its established neighbourhood setting and its balanced, practical footprint, offering room to breathe without being overwhelming.
The data reveals a property that holds its own in broader comparisons, ranking in the top 23% of Winnipeg for lot size and the top 36% for assessed value. This suggests a solid foundation of intrinsic value for the area. It would particularly suit first-time buyers or downsizers seeking a manageable, single-level layout, or value-conscious buyers who appreciate a larger lot for gardening, pets, or future outdoor projects. A thoughtful perspective is that a home from this era often features straightforward construction and room for personalized updates, allowing a buyer to add value over time in a neighbourhood that is already well-established.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg. For example, ranking in the top 23% for lot size in Winnipeg means its lot is larger than 77% of properties city-wide, a significant advantage.
2. Is the finished basement included in the 1,262 sqft living area?
Typically, the listed living area (sqft) refers to above-ground, heated space. The finished basement is an additional area, adding valuable functional space like a family room or extra bedrooms.
3. The home is 50 years old. What should I consider?
While the structure has proven its durability, a focused inspection of major systems like the roof, plumbing, electrical, and foundation is prudent. Homes of this age often have good structural bones but may require modernizing of mechanical systems or cosmetics.
4. Why is the assessed value identical to the 2023 sale price?
This indicates the property was likely assessed very recently following its sale, with the sale price directly informing the city's assessment. It provides a very current benchmark for its municipal valuation.
5. What are the advantages of a split garage?
A split garage, typically with two separate doors, offers more flexibility than a single wide door. It can provide a dedicated workshop or storage space on one side, better protect vehicles from dings, and often has a more varied streetscape appeal.