Property Overview: 48 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 48 Devonshire Drive is a practical, entry-level property in Winnipeg's Meadows neighbourhood. Built in 1984, it sits on a standard-sized lot for its street but offers a compact 680 sqft of living space, which is notably smaller than most homes in the wider area. Its primary appeal lies in its affordability and position as a lower-maintenance option within the city. The assessed value is modest, and past sale prices indicate it has served as an accessible point into the market.
The property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost holding. Its smaller size means lower utility costs and less upkeep, which can be a significant advantage for those looking to minimize expenses. A thoughtful perspective is that while the home ranks below average in size locally, its city-wide assessed value is around the median, suggesting it represents a typical Winnipeg valuation rather than an outlier, potentially offering stability. The neighbourhood itself features homes primarily from the 1980s and 90s, providing a consistent streetscape.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. With 680 square feet of living area, it is significantly smaller than the average home in the Meadows area (approx. 1,286 sqft) and across Winnipeg. This makes it a compact, efficient layout.
2. What is the likely price range based on history?
The home sold twice in recent years: for between $200k-$250k in 2016, and between $250k-$300k in 2021. These ranges provide a benchmark for its market value trajectory.
3. How does the assessed value impact property taxes?
The assessed value is $30,500, which is below average for the local area. This typically results in proportionately lower municipal property taxes compared to higher-valued homes nearby.
4. Is the lot size a pro or a con?
The 3,323 sqft lot is near the average for Devonshire Drive but is smaller than most in the broader Meadows area. This means less yard maintenance but also less private outdoor space than many neighbouring properties.
5. How can I get the exact past sale prices?
The exact sold prices are not publicly displayed. You can request them by email via the button on this listing page. The service is manual, with a promise of a reply by the end of the same day and no marketing spam.