Property Overview: 1158 Devonshire Drive W, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Devonshire Drive W in the Meadows neighbourhood is a compact, late-80s bungalow positioned as an accessible entry point into the Winnipeg market. Its key characteristic is its modest scale: at 680 sqft of living space on a 3,314 sqft lot, it is notably smaller than most homes in the wider area and city. This is reflected in its assessed value of $290k, which is significantly below the Winnipeg city average but is one of the higher values on its own street.
The appeal lies in its efficiency and potential. For the price, it offers a manageable footprint with lower maintenance costs, both in terms of the interior and the yard. It last sold in the 2021-2022 period for an estimated $250k-$300k, suggesting stable value. A thoughtful perspective is that while the home ranks below average in size compared to its neighbours, its assessed value ranks highly on the same street (Top 96%), indicating it is considered a premium property on this specific block. This could point to desirable updates, a premium lot location, or simply the scarcity of smaller, single-family homes in the area.
This property would best suit first-time buyers, downsizers, or investors seeking a lower-cost, single-family asset. It’s for those who prioritize getting into a neighbourhood over square footage, and who see potential in a home that is easier and more affordable to maintain, update, or potentially expand.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 680 square feet, it is significantly smaller than the average home in the Meadows area (~1,286 sqft) and across Winnipeg. It is a compact bungalow.
2. Why is the assessed value so high for a small house on this street?
While $290k is below the city average, it ranks in the top 4% of values on Devonshire Drive W itself. This suggests the property is assessed favorably compared to its immediate neighbours, possibly due to condition, improvements, or its specific lot.
3. What is the typical lot size in this area?
Lots in the Meadows neighbourhood average about 5,372 sqft. This property’s lot is 3,314 sqft, which is below that average but fairly typical for its specific street.
4. When was it last sold and for how much?
It was sold between 2021 and 2022. The exact price is not publicly listed, but data indicates a sold price range of $250,000 to $300,000.
5. How does the year built compare to nearby homes?
Built in 1988, it is slightly older than the average on its street (avg. 1991) and in the Meadows (avg. 1990), but is newer than the average home across the entire City of Winnipeg.