Property Overview: 1150 Devonshire Drive W
Key Characteristics & Appeal
This 874 sqft bungalow, built in 1988, presents a practical opportunity in Winnipeg's Meadows neighbourhood. Its primary appeal lies in a balanced profile that prioritizes lot size and value within its immediate area. The home sits on a 4,175 sqft lot, which is notably larger than most on its street, offering above-average outdoor space for the row. While the living area is modest compared to broader city averages, it is reasonably sized for the local context.
The assessed value of $34,900 is consistent with nearby homes, suggesting a fair and stable valuation without premium pricing. A less obvious strength is the home's age relative to the entire city; built in 1988, it is newer than about 76% of Winnipeg's housing stock, which may imply fewer concerns with very aged infrastructure. The property last sold in the $300k-$350k range in 2022.
This home would best suit first-time buyers or downsizers seeking a manageable footprint with a decent yard in an established neighbourhood. It’s a straightforward option for those whose priority is entry into the market with a sensible lot size, rather than a large interior space. Investors may also see value in its stable, unexaggerated assessment for rental purposes.
Frequently Asked Questions
1. How does the lot size compare to neighbours?
The 4,175 sqft lot is a standout feature on this street, ranking in the top 8% locally. It provides more yard space than the average lot on Devonshire Drive W.
2. Is the home smaller than average?
Yes, but context matters. At 874 sqft, it is below the average size for both the broader Meadows area and Winnipeg overall. However, it is closer to the average for its specific street, where many homes are of a similar scale.
3. What does the assessed value indicate?
The $34,900 assessment is very typical for its immediate street and sits around the middle of the pack city-wide. This indicates the property is not unusually over- or under-valued by municipal standards.
4. How old is the property, and what does that mean?
The home was built in 1988 (38 years ago). This is newer than most of the city's housing stock, which can be an advantage, but buyers should still budget for updates common to homes of this era, such as windows, roofing, or mechanical systems.
5. Can I find out the exact past sale price?
The public data shows a sale price range of $300,000-$350,000 for its 2022 sale. The listing service offers to provide the exact sale price via a manual email request, which they aim to fulfill by the end of the same business day.