1097 Devonshire Drive W

Property Overview: 1097 Devonshire Drive W, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling profile of above-average quality within its immediate neighborhood. Built in 1993, it is newer than most homes on its street and in the broader city. With 1,083 sqft of living space, it offers more room than the typical house on Devonshire Drive, positioning it well for small families or those seeking a comfortable upgrade from a starter home. Its assessed value ranks highly on its street, suggesting it may offer better finishes or condition than many direct neighbors.

The appeal lies in its strong standing within a localized context. You're getting a relatively modern, spacious home compared to others on the block, which can indicate good upkeep and potentially fewer immediate renovation needs. The lot size, while smaller than the area and city averages, is typical for the street, offering manageable outdoor maintenance.

This property would suit a practical buyer looking for a move-in-ready home in an established neighborhood like Meadows. It’s ideal for someone who values being above the local curve in terms of home size, age, and perceived value without venturing into premium city-wide price brackets. It also appeals to the data-minded buyer who appreciates a home that outperforms its immediate peers on key metrics.

Section 2: Frequently Asked Questions

1. How does the sold price history inform the current value?
The home sold in the $400k-$450k range in 2023, placing it in the top 8% of sales for its street at that time. This strong historical sale supports its above-average assessed value and suggests it has been a desirable property in the micro-market of Devonshire Drive.

2. What does the "below average" land area ranking mean for me?
While the lot is smaller than many in the Meadows area and Winnipeg overall, it is actually close to the average for Devonshire Drive itself. This means you likely won't feel out of place, but you will have less yard space than in many other parts of the suburb—a trade-off for lower maintenance.

3. The assessed value seems low compared to the city average. Why?
The city-wide average assessed value shown (~$390k) appears to be an outlier in the data, possibly due to a formatting error. A more relevant comparison is the Meadows area average of ~$40.9k, against which this home is competitively assessed. Always verify current market valuations with a real estate professional.

4. Who would benefit most from the "neighbourhood analysis page" mentioned?
A buyer who wants to visually confirm the data. This tool would show how this home compares to its direct neighbors in year built, size, and value on a map, highlighting whether it's a standout on the block or part of a cluster of similar, newer homes.

5. Is the year built (1993) a significant advantage?
Yes, particularly on its street. Being newer than most neighboring homes often correlates with updated building materials, electrical systems, and insulation standards from the early 90s, potentially reducing the urgency and cost of major upgrades.