Property Overview: 195 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 195 Devonshire Drive in the Meadows neighbourhood is defined by its practicality and position as a more accessible entry point into the Winnipeg market. Built in 1984, it sits on a 3,011 sqft lot with a 691 sqft living area, making it a compact, single-level property. The data reveals a clear narrative: this is a home with below-average square footage and a modest assessed value ($29.80k) even within its immediate area, which translates to a likely lower purchase price point compared to most of the city.
Its primary appeal lies in affordability and manageability. The smaller scale means lower utility costs, less maintenance, and a simpler footprint—appealing for those looking to minimize overhead. It suits first-time buyers seeking a foothold in the market, downsizers wanting to reduce space and upkeep, or investors looking for a straightforward rental property. A thoughtful perspective is that its smaller size on a standard lot offers potential for future expansion (subject to permits), providing an option for value addition that newer, densely packed subdivisions often don't allow. While not the largest or newest on the street, it represents a specific, budget-conscious segment of the neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is for taxation purposes and is not market value. This home’s assessed value is low because it is physically smaller and more modest than the average Winnipeg home. The recent sold price range (CA$300k–350k in 2022) is a better indicator of its actual market value.
2. Is the living space too small?
At 691 sqft, it is significantly smaller than the average home in Meadows (~1,286 sqft). It would suit individuals, couples, or those comfortable with efficient, compact living. It may feel cramped for a family or anyone needing home office space or multiple living areas.
3. What are the advantages of a 1984 build?
Homes from this era often benefit from modernized wiring and standards compared to much older stock, while typically having simpler, more rectilinear layouts that are easier to renovate than some older, segmented designs. However, a 40-year-old home will likely need attention to major components like the roof, windows, and HVAC systems.
4. How does this property rank compared to its direct neighbours?
The data shows it ranks below average on Devonshire Drive for living area, assessed value, and lot size. This indicates it is one of the more modest homes on the street, which can be an advantage for lower property taxes and a quieter, more affordable position in an established neighbourhood.
5. Can I get the exact historical sold price?
The listing service provides sold price ranges based on public data. To obtain the exact sold price for this property, you must request it via email from the site. They provide this information manually and state they do not use email addresses for unsolicited marketing.