Property Overview
86 Savoy Crescent is a well-established, single-storey home in Winnipeg's Betsworth neighbourhood. Built in 1976, its primary appeal lies in its generous, mature lot of over 6,400 square feet and a fully finished basement, offering space and potential in a settled area. The home's key characteristics include a modest 1,072 sqft main-floor living area, no garage, and no pool.
This property would suit a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who values lot size over a large interior footprint and is comfortable with a home that requires some updates. Its strong city-wide rankings for lot size and age suggest it offers relative value within the broader market, though its lower rankings within its immediate street for size and assessed value indicate it may be a more modest offering among its closest neighbours. The appeal is grounded in the opportunity to own a sizable property with a finished basement, ideal for someone with a vision for gradual improvements or who prioritizes outdoor space.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg. For example, its lot size ranks in the top 23% city-wide, which is a significant advantage, while its interior living space is more compact compared to most houses on its own street.
2. Is the lack of a garage a major drawback?
It depends on your needs and the street's parking dynamics. For some buyers, it's a compromise for the large lot, which could allow for adding a garage or workshop in the future, subject to permits. For others, it may be a practical challenge to consider.
3. The house is 50 years old. What should I be mindful of?
While the rankings show it's newer than 57% of Winnipeg homes, a home of this age will likely have original or aging core components. A thorough inspection of the roof, foundation, windows, and major systems (plumbing, electrical, HVAC) is essential to understand any upcoming maintenance or updates needed.
4. The assessed value is higher than many neighbours. What does that mean?
The home's assessed value ranks in the top half city-wide but is the highest on its street. This could reflect the value of its large lot and finished basement. It's important to review recent sales of comparable properties to see how this assessment aligns with the current market.
5. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home with ample built-in storage or garage parking. It's also less ideal for those needing substantial main-floor living space, as the square footage is modest and the finished basement likely provides the additional room.