Property Overview
This home at 1194 Devonshire Drive W in the Meadows neighbourhood presents a specific and compelling value proposition. Built in 1991, its primary appeal lies in its strong standing within its immediate area, offering a well-sized living space on a manageable lot.
Key Characteristics, Appeal & Ideal Buyer
The home’s 1,105 sqft living area is notably above average for Devonshire Drive West, placing it in the top 27% of the street. This suggests a comfortable interior size compared to its direct neighbours. Its assessed value ranks even higher on the street (top 10%), indicating it is perceived as a strong asset within this specific locale. The lot size of 3,494 sqft is typical for the street but is smaller than the broader neighbourhood and city averages, resulting in lower maintenance.
The appeal here is one of localized advantage. Buyers get a home that outperforms many on its own street in terms of space and value, within a 1990s build that is newer than many city-wide comparables. It would suit a first-time buyer or downsizer seeking a manageable property without compromising on interior space. It’s also a sensible fit for an investor or buyer prioritizing a proven, stable value within a defined community over a large yard. The last known sale was between $350k-$400k in 2021.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
While its lot is smaller than the Meadows area average, the home excels on its own street. Its living space is larger than 73% of comparable homes on Devonshire Drive W, and its assessed value ranks in the top 10% there, signaling strong desirability in its micro-location.
2. What does the assessed value tell me?
The $37.30k assessed value is a figure for municipal taxation, not market price. Its high ranking on the street suggests the city assesses it as a premium property on Devonshire Drive, but market value is influenced by broader factors and recent sale prices.
3. Is the lot size a disadvantage?
It depends on your priorities. The lot is standard for the street but below the neighbourhood average. This typically means less outdoor upkeep, which can be an advantage for those seeking a lower-maintenance yard, but may not suit those wanting extensive private outdoor space.
4. Who might this property not suit?
Buyers seeking a large garden, extensive outdoor privacy, or a home that stands above the average for the entire Meadows area in terms of lot size may find better options. Its strengths are more concentrated on its immediate street.
5. How can I get the exact historical sale price?
The listed sale price is a public data range. The page states you can receive the exact sold price by submitting your email request. They commit to a manual, same-day response without using your information for unsolicited marketing.