1206 Devonshire Drive W

Property Overview: 1206 Devonshire Drive W, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical and affordable entry point into Winnipeg’s Meadows neighbourhood. Built in 1988, its key characteristic is its modest scale, with 691 square feet of living space on a 2,928 sqft lot, placing it well below average in size for both the immediate street and the wider area. This translates to a relatively low municipal assessed value ($31,100), which is below average locally but aligns more closely with the citywide median.

The appeal lies in its efficiency and potential as a starter home or investment property. Its smaller size means lower utility costs and less maintenance, a significant consideration for first-time buyers, downsizers, or investors. A thoughtful perspective is that while the home is compact relative to its neighbours, its construction date is actually newer than the typical Winnipeg home, suggesting potentially fewer immediate concerns with aging infrastructure common in older city stock. It last sold in the 2022-2023 period for an estimated $250k-$300k, indicating a market price that acknowledges its niche.

This property would best suit a budget-conscious buyer seeking a foothold in the market without the upkeep of a larger property, or an investor looking for a manageable rental unit. It is less suited for those requiring ample indoor space or a large yard.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes. At 691 sqft, the living area is significantly smaller than most homes on its street, in the Meadows area, and across Winnipeg. It is a compact, efficient layout.

2. Why is the assessed value so much lower than the last sale price?
Municipal assessed value for taxation purposes is not the same as market value. The assessed value is typically lower and based on mass appraisal techniques. The 2022 sale price of $250k-$300k reflects what a buyer was willing to pay in the open market at that time.

3. What does the "Top 97%" ranking for living area citywide mean?
This statistic means that 97% of homes in Winnipeg are larger than this one. It is a percentile ranking, so a higher percentage indicates the property is smaller than more peers. It highlights just how compact this home is compared to the city's overall housing stock.

4. Is the lot size a drawback?
The lot is under 3,000 sqft, which is below average for the area and limits expansive outdoor space. However, it may be appealing for those who prefer minimal yard maintenance or see potential for a manageable garden or patio space.

5. How can I find out the exact past sale price?
The provided sale price is a public data range. As noted on the detail page, you can request the exact sale price by emailing the listing service; they provide this information manually without using your email for marketing spam.