Property Overview
This two-storey home at 30 Savoy Crescent offers a compelling blend of space, established character, and a strong position within its local market. Built in 1977, it sits on a large, approximately 6,767 sqft lot in the Betsworth neighbourhood. With 1,840 sqft of living space, a finished basement, and an attached garage, it provides practical family living. Its appeal lies in its above-average proportions for the area—ranking in the top tier of its street for lot size, living space, and assessed value—combined with the maturity of a well-established community. The home’s recent sale in July 2023 for $565,000, notably above its current assessed value of $499,000, suggests a market recognition of its worth.
This property would suit buyers looking for a move-in ready home with room to grow, who value the stability of an older, settled neighbourhood over a brand-new development. It’s ideal for those who appreciate larger private outdoor space and a home that already holds a competitive edge in its immediate area. A thoughtful perspective is that while the home is 49 years old, its rankings show it outperforms most newer homes in its vicinity on key metrics like size and value, indicating it has been well-maintained and remains a substantial property by modern standards.
Frequently Asked Questions
1. How does the 2023 sale price compare to the current assessment?
The home sold for $565,000 in July 2023, which is approximately $66,000 above its current municipal assessed value of $499,000. This indicates the market recently valued the property higher than its official tax assessment.
2. Is the lot size a significant feature?
Yes. At 6,767 sqft, the lot ranks larger than 75% of properties on its street and provides ample outdoor space, which is a less common find in many established neighbourhoods and adds to the property’s long-term value.
3. What does the "ranking" data actually tell me?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg for specific traits. For example, its living space is in the top 5% on its street and top 20% in the community, confirming it offers more interior space than most comparable local options.
4. The home was built in 1977. What should I consider?
While nearly 50 years old, the home’s strong rankings for value and space suggest it has been a competitive and well-kept property. Buyers should prioritize a thorough inspection focusing on updates to major aging components like the roof, windows, and mechanical systems.
5. How does this property fit within the wider Winnipeg market?
The data shows it ranks in the top 20% of all Winnipeg homes for living space and assessed value. This positions it as a solidly above-average property city-wide, not just within its own neighbourhood, offering a good balance of space and value for its price point.