Property Overview: 113 Devonshire Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical and straightforward opportunity in Winnipeg's Meadows neighbourhood. Built in 1981, its 836 sqft living space is modest and sits below the area average, suggesting a cozy, manageable layout. The standout feature is the 4,099 sqft lot, which is notably larger than most on Devonshire Drive. This creates valuable outdoor space for gardening, play, or expansion in a setting where lot sizes are typically smaller.

Its appeal lies in its positioning as an affordable entry point into the market. The assessed value is consistently below the Meadows average, indicating a lower property tax base and a potentially accessible price point. The home suits first-time buyers, downsizers, or practical investors looking for a land-value proposition. It’s for someone who sees potential in the generous lot and is comfortable with a home that may require updates, given its age. A thoughtful perspective is that while the house itself is smaller and older than many in the city, it offers a balance of a larger-than-street-average yard and a location within a mature community, appealing to those prioritizing outdoor space over interior square footage in their initial purchase.

Section 2: Frequently Asked Questions

1. How does the home's size compare to its neighbours?
At 836 sqft, the living area is smaller than the average home in the Meadows area and across Winnipeg. However, on its own street, it ranks close to the average, indicating the immediate neighbourhood consists of similarly scaled homes.

2. What does the assessed value tell me about this property?
The assessed value of $32,300 is below the average for the Meadows neighbourhood. This typically correlates with a lower municipal property tax bill. It also suggests the home may be priced accessibly compared to others in the area, though the final sale price is market-determined.

3. Is the lot size a significant feature?
Yes. The lot of 4,099 sqft is larger than most on Devonshire Drive, ranking in the top 9% on the street. This is a key asset, offering more private outdoor space than nearby properties, which could be used for recreation, gardening, or future projects.

4. The home was built in 1981. What should I consider?
A home of this age may have undergone updates, but buyers should budget for potential maintenance or modernization of core components like roofing, windows, insulation, and mechanical systems. A thorough home inspection is essential.

5. Where can I find more detailed information about the neighbourhood?
You can use the provided link to open a neighbourhood map analysis, which visually compares this property with nearby houses based on year built, living area, assessed value, and lot size.