Property Overview: 1121 Devonshire Drive W, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1121 Devonshire Drive W in the Meadows neighbourhood is a well-positioned property that stands out for its efficient use of space and relative value within its immediate area. Built in 1992, it is a newer home compared to the Winnipeg average. With 1,126 sqft of living space, it offers more room than most comparable homes on its own street, placing it in the top 20% locally. The assessed value of $37,400 is notably above the street average, suggesting it is a higher-value home on Devonshire Drive W.
The appeal lies in its strong local standing. On its street and within the Meadows area, it consistently ranks above average for living area, year built, and assessed value. This indicates a solid, modernized home in a context where it compares favorably. The lot size of 3,616 sqft is typical for the street but smaller than the broader neighbourhood and city averages, which may appeal to buyers seeking a manageable yard with less maintenance.
This property would suit first-time buyers or downsizers looking for a move-in-ready home in a stable neighbourhood without the upkeep of a larger lot. It’s also a sensible choice for value-conscious buyers who prioritize a home that outperforms its immediate peers on key metrics like space and modern build, rather than seeking the largest lot on the block.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is in the top 8% on Devonshire Drive W, meaning it is valued higher than 92% of comparable homes on the same street. This suggests it may have features, condition, or updates that set it apart locally.
2. Is the lot size a disadvantage?
While the lot is smaller than the Meadows neighbourhood average, it is very close to the average size for its own street. This is typical for the specific area and translates to less yard maintenance, which can be a positive for many buyers.
3. What does the sale history indicate?
The home has sold three times since 2016 (2016, 2019, 2024), with each sale price range placing it in a higher percentile ranking among local peers over time. This trend suggests growing value and desirability relative to the area.
4. How modern is this home compared to others in Winnipeg?
Built in 1992, it is newer than approximately 79% of homes across Winnipeg, placing it in the top 21% city-wide for year built. This often means fewer major system updates are immediately needed compared to much older homes.
5. Are the living spaces relatively large?
Yes. With 1,126 sqft, it offers significantly more living area than the street average (~970 sqft). It provides a comfortable amount of space that is competitive within the wider Meadows area and the city.