Property score
51.4
Fair
Overall 51.4 · Smaller than most nearby homes
691 sqft (bottom 6%) · Built in 1988 (2 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
51.4 is composed by the two sections below.
Property Score
Community Score
Meadows
How to read: Share of sales in each ~$50k price band for “meadows” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1182 Devonshire Drive W — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 174 m).
Meadows · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
78%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Bottom 44% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 1182 Devonshire Drive W in Winnipeg’s Meadows neighbourhood presents a specific and practical value proposition. Built in 1988, it’s a compact, single-level property with 691 square feet of living space on a 2,924 sqft lot. Its most recent assessed value is $32,100, and it sold between $300,000 and $350,000 in 2022.
Key Characteristics & Appeal
The primary appeal of this property is its position as an affordable, low-maintenance entry point into the Winnipeg market. Its living area is notably compact, ranking in the bottom quarter compared to most city homes, which translates to lower utility costs and minimal upkeep. The lot size is also smaller than most in the area, further reducing maintenance demands like yard work.
Its value lies in what you don’t pay for. The assessed value is significantly below both area and city averages, suggesting a correspondingly lower property tax burden. This creates an opportunity for budget-conscious buyers, such as first-time purchasers, downsizers, or investors seeking a straightforward rental property. It suits someone prioritizing financial efficiency and simplicity over space—a practical starter home or a strategic investment in a stable neighbourhood.
A less obvious perspective is its potential as a "value-hold" property. In a neighbourhood where most homes are larger and on bigger lots, this smaller, older home sits on land that may be proportionally more valuable than the structure itself, offering long-term land value potential.
1. Is this a small home?
Yes. With 691 sqft of living space, it is significantly smaller than the average home in the Meadows area (approx. 1,286 sqft) and across Winnipeg. It is designed for efficient, low-maintenance living.
2. Why is the assessed value so much lower than the recent sale price?
The assessed value ($32,100) is for municipal tax purposes and is not a market valuation. The 2022 sale price ($300k-$350k) reflects the actual market value at that time, driven by buyer demand, condition, and location.
3. What does the "Top 94%" ranking for living area mean?
This means the home's living area is smaller than 94% of comparable homes in the Meadows area. It’s a statistical ranking indicating it is in the bottom 6% for size within that specific group.
4. Who would this property suit best?
It is ideally suited for first-time homebuyers seeking an affordable entry point, empty-nesters looking to downsize and reduce maintenance, or investors interested in a lower-cost rental property.
5. How does the lot size compare?
The lot is 2,924 sqft, which is smaller than the vast majority of lots in the Meadows area (ranking in the bottom 1%) and across Winnipeg. This means less outdoor maintenance but also limited space for expansions or large outdoor amenities.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
