Property Overview: 231 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 231 Devonshire Drive presents a practical and competitively positioned offering in the Meadows neighborhood. Built in 1985, its key appeal lies in its efficient scale and strong value proposition within its immediate streetscape. With 1,013 sqft of living space, it is notably roomier than many direct neighbors (ranking in the top 49% on its street) while being more manageable and potentially more affordable to maintain than larger area averages. The assessed value of $36,800 stands out as being above average for Devonshire Drive (top 14%), suggesting it is a well-regarded property on its block. The lot, at 3,011 sqft, is compact, which translates to less yard maintenance—a plus for those seeking a low-maintenance lifestyle.
This property would suit first-time buyers or downsizers looking for a comfortable, established home in a mature neighborhood without the burden of a large yard. Its appeal is grounded in being a solid, relative value on its specific street rather than having standout city-wide metrics. A thoughtful perspective is that its higher assessed value on the street could indicate better upkeep or desirable features not captured in raw square footage, potentially offering a sense of security and stability within the micro-community of the block.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in 2024 for an estimated $350k–$400k. This sale price ranked in the top 32% compared to sales on its own street, indicating it was a stronger performer in its immediate market context.
2. Is the lot size a disadvantage?
While the lot is smaller than most in the broader Meadows area and city, it is more typical for Devonshire Drive itself. This makes it standard for the street and a practical choice for buyers who prefer less outdoor maintenance.
3. What does the above-average assessed value on the street mean?
A higher assessed value compared to direct neighbors often reflects factors like property condition, improvements, or specific location advantages on the block. It can signal that the property is considered a premium offering on its street, which may support its value.
4. How updated is a home built in 1985?
As a 41-year-old home, its systems (roof, HVAC, windows) and interior finishes are likely at or beyond their typical lifespan. Buyers should budget for updates and consider a thorough inspection to understand the condition and any modernization that may be needed.
5. Where can I see more detailed neighborhood comparisons?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with detailed comparisons for year built, living area, assessed value, and lot size.