Property Overview: 145 Devonshire Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 145 Devonshire Drive in the Meadows neighbourhood is defined by its practicality and value-focused proposition. Its key characteristic is its compact size, with 691 sqft of living space on a 2,999 sqft lot, placing it well below the average for both the immediate area and the wider city. Built in 1986, the house is of a similar vintage to many others in its community.

The primary appeal lies in its accessibility. With a historically low assessed value and a previous sold price range between $250k-$300k, it represents a lower barrier to entry into the Winnipeg market. This isn't a sprawling property; its appeal is for those seeking efficiency and affordability over sheer space. The lot, while smaller than many in the city, is still a manageable size for minimal upkeep.

This property would best suit first-time buyers, downsizers, or investors looking for a straightforward, entry-level asset. It’s for someone who views a home as a functional base rather than a long-term family expansion property. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less maintenance, aligning with a simpler, more economical lifestyle. While it ranks below average in size and value on its own street, this can translate to a quieter, more modest streetscape without the pressure of surrounding mega-homes.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to its neighbours?
At 691 sqft, the living area is smaller than most homes on Devonshire Drive and significantly smaller than the average home in the broader Meadows area. This indicates it is one of the more compact properties in the neighbourhood.

2. What does the assessed value tell me?
The assessed value is notably low compared to city-wide averages. It's important to understand this is a municipal assessment for tax purposes, not a market valuation. However, it consistently suggests this is a lower-value property relative to others, which is reflected in its recent sold price history.

3. Is the lot size a disadvantage?
The 2,999 sqft lot is smaller than many in Winnipeg, which limits extensive landscaping or large additions. For some, this is a disadvantage; for others, it means less yard work and lower exterior maintenance costs.

4. The data shows it last sold between $250k-$300k in 2022. Can I get the exact price?
The exact sold price is not publicly displayed. You can request it directly via the provided email service on the listing page to receive the precise figure.

5. What is less obvious about this property’s position in the market?
While its metrics are often "below average," this creates a specific niche. It’s a home that likely hasn’t seen the massive renovations or additions of some peers, potentially offering a more original condition that a buyer can customize. Its age places it in a sweet spot—old enough to be settled in a mature neighbourhood, but new enough to avoid some of the major issues of much older construction.