Property Summary: 57 Devonshire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 57 Devonshire Drive presents a practical and grounded opportunity in Winnipeg's Meadows neighbourhood. Built in 1983, it is a well-established property offering 1,002 square feet of living space. Its key appeal lies in its relative value and lot size within its immediate streetscape. While the home's footprint is modest compared to broader city averages, it sits on a 3,948 sqft lot that is notably larger than others on Devonshire Drive, suggesting valuable outdoor space for its street context.
The assessed value of $330,000 positions it as an around-average investment for the street and city-wide, but notably below the average for the Meadows area itself. This creates an interesting dynamic: it may offer a more accessible entry point into the neighbourhood. The home last sold between 2020-2025 for an estimated $250k-$300k, indicating potential equity growth.
This property would suit first-time buyers or downsizers seeking a manageable, single-family home with a decent yard without a premium price tag. It’s for the buyer who values a established, quiet street over a brand-new build, and who is savvy about the trade-off between a smaller interior space and a proportionally larger lot for the area. It’s a home for practical living rather than luxury, with its value rooted in its location and land.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its last sale price?
Based on available data, the home sold for an estimated $250,000-$300,000 around 2020-2025. Its current assessed value of $330,000 suggests appreciation, but for an exact historical sold price, a direct request to the listing service is required.
2. Is the lot size a major advantage?
It depends on your perspective. The lot is larger than most on Devonshire Drive, which is a plus for privacy, gardening, or outdoor space. However, it is smaller than the typical lot in the wider Meadows area and across Winnipeg. The advantage is primarily local.
3. The home was built in 1983. What should I consider?
A home of this age is likely to have seen updates, but core systems (roof, windows, furnace, plumbing) may be nearing or past their typical lifespan. A thorough inspection is crucial to budget for any necessary maintenance or upgrades.
4. Why is the assessed value below the Meadows area average?
This is likely due to the combination of a smaller living area and an older build date compared to many homes in the broader Meadows neighbourhood. It reflects this specific home’s offering rather than the area's overall desirability.
5. What is the neighbourhood context like?
The data shows the home is very close to several neighbouring properties on Devonshire Drive and Whiteway Road, indicating a typical, closely-built suburban setting. For detailed analysis of the immediate neighbourhood, including maps and direct comparisons with nearby homes, the listing service provides a dedicated neighbourhood analysis page.