Property Overview: 183 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 183 Devonshire Drive in the Meadows neighbourhood is a compact, efficiently sized property built in 1984. With 697 square feet of living space on a 3,011 sqft lot, its key characteristic is its modest scale. The appeal lies in its position as an accessible entry point into the Winnipeg market, underscored by a relatively low assessed value. The home last sold in the $300k-$350k range in 2022.
The data presents a nuanced picture: while the home is below average in size and lot dimensions for its immediate street and broader area, its assessed value is closer to the city-wide average. This suggests the value is tied more to the location and housing market than to the physical dimensions of the property itself. A thoughtful perspective is that this smaller footprint can mean lower utility costs, less maintenance, and a manageable space, which is a specific advantage for the right buyer.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance home without a premium for excess space. It’s for someone prioritizing practical entry into the market over square footage.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home is assessed at $31,800, but it sold for between $300,000 and $350,000 in 2022. This large difference is normal, as municipal assessed value for taxation purposes is not an indicator of market value.
2. Is the living space suitable for a small family?
At 697 sqft, the living area is compact. It is below average for the street, area, and city. It would be most comfortable for an individual, a couple, or potentially a very small family comfortable with efficient living.
3. What does the "below average" ranking for lot size mean?
The 3,011 sqft lot is smaller than most in the Meadows area and across Winnipeg. This typically means a smaller yard to maintain but may also indicate homes are built closer together on the street.
4. The home was built in 1984. What should I consider?
At 42 years old, major components like the roof, windows, furnace, and plumbing may be nearing or past their typical lifespan. A thorough inspection is crucial to understand the condition and potential upcoming investments.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service notes that you can contact them via email to request the exact, verified sold price, which they provide manually.