Property Overview
This well-established home at 14 Savoy Crescent in Winnipeg's Betsworth neighbourhood offers a blend of space, classic features, and a prime lot. Built in 1977, it is a one-storey bungalow with a fully finished basement, sitting on a large, approximately 6,292 sqft lot. The property includes a private in-ground pool and an attached garage. With 1,380 sqft of living space and a recent municipal assessment of $441,000, it presents a substantial and mature home in a settled area.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous outdoor space and established character. The large lot and private pool are standout features for family living and summer entertaining, offering a resort-like feel in a residential setting. As a bungalow, its single-level layout holds long-term appeal for those seeking accessibility or simply preferring to avoid stairs. Its competitive rankings—particularly being newer than 95% of homes on its street and sitting on a larger lot than most in the area—suggest it is a above-average offering within its immediate locale. The home last sold in 2017 for $275,000, indicating significant equity growth over that period.
This home would suit buyers looking for a ready-to-enjoy outdoor oasis and the space of a mature lot, without the footprint of a massive house. It's ideal for families, those planning for aging in place, or anyone who values established gardens and neighbourhoods over brand-new construction. A thoughtful perspective is that while the 1977 build year means updates may be desired, it also represents a period of solid construction on a lot size that is increasingly rare in new developments.
Frequently Asked Questions
1. What is the neighbourhood like?
Betsworth is a mature, established neighbourhood in Winnipeg. The high percentage of older homes on the street suggests a stable, residential community with a classic feel.
2. Are there any known issues with the house?
As with any home, a professional inspection is essential. Given its age (built 1977), particular attention should be paid to the roof, windows, plumbing, electrical systems, and the pool's mechanical equipment to understand any upcoming maintenance or update needs.
3. What are the annual property taxes?
Taxes are calculated based on the municipal assessment and the annual mill rate. With a current assessed value of $441,000, you should request the most recent tax figures from the listing agent for an accurate annual estimate.
4. How does the pool impact insurance and utility costs?
A private pool typically increases both home insurance premiums and seasonal utility costs (for water and electricity to run the pump/filter). It's advisable to get insurance quotes and ask the seller for historical utility bills to budget accordingly.
5. Why is the 2017 sale price so much lower than the current assessment?
The $275,000 sale price in 2017 reflects the market value at that time. The increase to the current $441,000 assessment mirrors the significant overall market appreciation in Winnipeg over the past several years, as well as the specific value of the property's lot and features.