Property Overview: 1085 Devonshire Drive W, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1993, presents a compelling value proposition rooted in its specific context. Its primary appeal lies in offering above-average interior space for its immediate neighbourhood. With 1,138 sqft of living area, it ranks in the top 19% on its own street, providing more room than most comparable homes nearby. The assessed value of $38,500 is notably strong for the street, placing it in the elite top 3%, which suggests a favourable valuation relative to its closest peers.
The property suits practical buyers looking for a solid footprint in a mature neighbourhood without a premium price tag. It’s ideal for a first-time buyer or downsizer who prioritizes interior space over a large yard, as the lot size is more modest compared to broader area averages. A thoughtful perspective is that this home represents a "neighbourhood standout" on its own block—offering newer construction and more square footage than most direct neighbours—while being a more typical offering within the wider city. This positions it as a smart choice for someone seeking relative advantages on a hyper-local level.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is for municipal tax purposes and is typically lower than market value. Its "elite" ranking on the street indicates this home is valued higher than most neighbours for taxes, but it does not directly set the sale price.
2. Is the lot size a concern?
At 3,616 sqft, the lot is average for Devonshire Drive W but below the average for the wider Meadows area. It suits those wanting lower maintenance but may not appeal to buyers seeking extensive outdoor space.
3. What does the sale history indicate?
The home sold between $300k-$350k in 2016. Market conditions have changed since, so this provides a historical benchmark, not a current valuation. Exact prices are available upon request.
4. How does the living area compare to newer homes?
At 1,138 sqft, it is above average for its street but slightly below the current city-wide average. It offers a comfortable size for a couple or small family, especially given its efficient 1993 build date.
5. Who would this property not suit?
Buyers seeking a very large yard, or those wanting a home that significantly outperforms city-wide averages in size and value, may find other options more fitting. It’s best for those whose main comparison is the immediate neighbourhood.