Property Overview: 1346 Devonshire Drive W, Winnipeg
Key Characteristics & Appeal
This home is defined by its modern build and efficient use of space. Constructed in 2023, it is one of the newest homes on its street and in the wider city, offering move-in readiness with contemporary building standards. Its primary appeal lies in its generous 1,400 sqft living area, which is significantly larger than most direct neighbours' homes, providing ample interior space on a modestly sized lot. The assessed value of $359k sits above average for the immediate street but is notably below the average for the broader Peguis area, presenting a value proposition for a relatively new, spacious home.
This property would best suit buyers prioritizing a modern, low-maintenance home without needing extensive yard space. It's ideal for professionals, small families, or downsizers seeking above-average interior square footage in a newer build, who are comfortable with a compact lot in exchange for a more efficient and contemporary property.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is compact compared to local and city averages. This means lower exterior maintenance but limited potential for expansions like large decks, pools, or significant additions. It emphasizes indoor living space over outdoor private space.
2. Why is the assessed value below the area average?
While the home is new and spacious, its assessed value is influenced by the more modest values on its specific street and its smaller lot size. It sits in a unique position: offering newer and larger interiors than nearby homes, but on a street with a generally lower value baseline than the wider neighbourhood.
3. What does the sale history indicate?
The property last sold in June 2023 for an estimated $400k-$450k. This suggests the current assessed value may lag behind recent market activity, a common occurrence with new constructions as the assessment system catches up to actual sale prices.
4. Who might this home not suit?
Buyers seeking a large, traditional yard for gardening, recreation, or future extensive renovations may find the lot constraints limiting. It may also not align with buyers looking for a character home or those strictly seeking a property at the very top end of the Peguis area's value range.
5. How reliable is the sold price data shown?
The displayed sold price is a broad estimate from public records, not the precise MLS figure. For verified, exact transaction history, you must request a manual lookup from the site via email, as explained in the data notes.