106 Savoy Crescent

Property Overview: 106 Savoy Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated bungalow in Betsworth offers a classic, low-maintenance layout on a generous, mature lot. Its key appeal lies in a balanced combination of space, location, and value. The 1,190 sqft home sits on a large 6,712 sqft lot, providing ample outdoor space—a notable find for a one-storey property. A fully finished basement adds significant functional living area. While it lacks a garage, the property's rankings highlight its strengths: its lot size places it in the top 20% across Winnipeg, and it is newer than 57% of city homes. Built in 1976, it presents as a solid, established home in a neighbourhood of similar vintage.

This property would suit first-time buyers or downsizers seeking a manageable single-level floorplan without sacrificing yard space. It’s also a practical candidate for value-conscious buyers who see potential in the large lot and are comfortable with a home that has been well-lived in for 50 years. Its above-average city rankings for lot size and age suggest it’s a competitively positioned, grounded option in its price segment, rather than a premium or fixer-upper extreme.

Section 2: Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg. For example, being newer than 57% of Winnipeg homes means its 1976 build date is relatively moderate, not among the oldest or newest stock.

2. Is the lack of a garage a significant drawback?
It depends on buyer needs. The large lot does offer space for potential future parking solutions or a shed. For some, the trade-off for more yard space and a lower price point may be acceptable.

3. What is the condition likely to be given its age?
Built in 1976, major systems (like roof, plumbing, wiring) may be at or beyond their typical lifespan and should be carefully inspected. However, its "newer than average" ranking suggests the neighbourhood context is appropriate for its age.

4. How does the assessment value relate to the asking price?
The municipal assessment is $375,000, used for tax calculation. The asking price is set by the market and seller. The assessment being in the top 42% city-wide indicates the city views it as a above-median value property, which is a useful benchmark.

5. What is the neighbourhood feel like?
As a 50-year-old community, Betsworth likely has established landscaping, settled neighbours, and a mature feel. The lot size ranking suggests homes here are not tightly packed, offering a bit more privacy than many newer subdivisions.