Property Overview & Key Characteristics
126 Savoy Crescent is a well-established, one-storey home in the Betsworth neighbourhood, built in 1976. Its primary appeal lies in its generous, mature lot of over 9,100 square feet, which ranks within the top 8% of all properties in Winnipeg for size. This offers significant space for gardening, recreation, or future expansion. The home itself features a finished basement and a practical 1,262 sqft layout.
The property suits buyers looking for a solid, no-fuss home on a large, private lot without the premium of a new build. It’s ideal for those who value outdoor space over interior square footage, or for downsizers seeking single-level living with room for hobbies. The rankings suggest it’s a competitively sized property in a settled area, though the home’s age and assessed value indicate it may appeal to value-conscious buyers or those with renovation plans.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Betsworth, and across Winnipeg. For example, its land size is in the top 8% city-wide, meaning it's larger than 92% of Winnipeg lots. Conversely, its assessed value is lower than 61% of homes in the city, suggesting it may offer good value for the lot size.
2. Is the large lot a benefit or a burden?
It's a significant benefit for privacy, gardening, or play space. However, a lot this size requires more maintenance for lawn care and landscaping, which is a consideration for time or budget.
3. The home is 50 years old. What should I be prepared for?
While the finished basement adds living space, a home of this age will likely have original or older major systems (like roof, windows, plumbing, or electrical). A thorough inspection is essential to understand the condition and potential upcoming investments.
4. There’s no garage. Is that a major drawback?
For some buyers, yes. It means parking and storage will need to be managed creatively. The large lot does offer potential to add a garage or shed, subject to local bylaws and budget.
5. Who is the typical buyer for this home?
Given the single-level layout and manageable interior size, it could attract downsizers. The large lot also makes it suitable for young families seeking outdoor space, or hands-on buyers who see potential in the property and are comfortable with a home that may need updates over time.