Property Overview: 3 Savoy Crescent
This well-established bungalow in Betsworth offers a practical and comfortable living space on a generous, mature lot. Its primary appeal lies in its efficient single-level layout, combined with a fully finished basement that effectively doubles the usable space. The home sits on a nearly 6,000 sqft lot, providing ample outdoor room in a neighborhood that feels settled and quiet. Recent sale history shows stable value.
It’s an ideal match for first-time buyers seeking a move-in-ready home without the premium of a new build, or for downsizers looking for the convenience of one-floor living with plenty of room for family visits or hobbies. The strong rankings in living area size compared to local and city-wide benchmarks suggest you get more interior space here than in many similar properties, which is a key, less-obvious advantage. While the build year indicates systems may need eventual updating, this is reflected in the accessible price point, offering a solid entry into a mature community.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate area, neighborhood, and all of Winnipeg. For example, its living area is larger than 78% of homes on its street, meaning it offers above-average interior space for the location.
2. Is the basement included in the 1,384 sqft living area?
No. The 1,384 sqft refers to the main above-ground floor of the bungalow. The fully finished basement provides additional living space, effectively increasing the home's total functional square footage.
3. The home was built in 1976. What should I be aware of?
While the home has been maintained, key components like the roof, windows, furnace, and electrical system are at an age where they may have been updated or could require attention. An inspection is highly recommended to assess their condition.
4. Why is the current assessed value slightly below the 2022 sale price?
Municipal assessments for tax purposes don't always align perfectly with current market value. They can lag behind recent sale prices and are calculated using a specific methodology. The 2022 sale price is a more concrete indicator of its recent market value.
5. What is the neighborhood like?
Betsworth is a mature, established community with larger lots and older trees. The rankings show the home outperforms many area properties in terms of lot and living space size, suggesting it's among the more spacious offerings in this settled, family-friendly area.