Property Overview: 201 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established neighbourhood character. Built in 1985, its key feature is efficient use of space: at 1,108 sqft, the living area is notably larger than most direct neighbours' homes, ranking in the top 26% on its street. This suggests a well-proportioned interior that may feel more spacious than the average home in the immediate area.
The appeal lies in its position as a solid, move-in-ready property in the Meadows neighbourhood. The assessed value of $320k sits below the average for both the street and the broader Meadows area, which could indicate a value opportunity for a buyer, especially when combined with the above-average interior space. The lot, while smaller than many in Winnipeg, is a manageable size for low-maintenance outdoor living.
This property would suit first-time buyers or downsizers seeking a comfortable home without a sprawling yard to maintain. It’s also a practical choice for value-conscious buyers who prioritize interior square footage over a large lot and appreciate being part of a mature, settled community.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $320k is for municipal tax purposes. The home last sold for an estimated $350k-$400k in 2024, which is a more current market indicator. Always rely on a comparative market analysis from your real estate agent for pricing.
2. The lot size seems small. Are there any advantages to this?
Yes. A 3,011 sqft lot requires less time and money for maintenance, landscaping, and snow removal. It can also foster a stronger sense of community closeness with neighbours and is often appealing to those seeking a lock-and-leave lifestyle.
3. How does the home’s age (41 years) affect a purchase decision?
A home from this era will likely have had major components, like the roof and windows, updated. A thorough inspection is crucial to understand the condition of these updates, as well as foundational systems like plumbing and electrical, which may be nearing the end of their service life.
4. The home ranks highly for living area on its street but lower for value. What does this mean?
This statistical contrast often highlights a value proposition. It suggests you are getting more interior space for your dollar compared to neighbours, possibly because the lot is smaller or the finishes are original. It positions the home as a candidate for cosmetic updates that could increase its value.
5. How can I get the exact historical sale prices for this home?
The precise sale prices are not published publicly. As noted on the listing, you can request this information directly by emailing the provided contact; they manually provide the accurate data without using your email for marketing.