Property Overview

213 Devonshire Drive is a compact, single-family home in Winnipeg's Meadows neighbourhood. Built in 1985, it sits on a 3,011 sqft lot and offers 680 sqft of living space. Its most defining characteristic is its scale: the home is notably smaller than most, ranking in the bottom 15% for living area on its own street and the bottom 3% within the broader Meadows area. This is reflected in its assessed value of $29,400, which is also below average for its immediate vicinity.

The appeal here is rooted in accessibility and simplicity. It represents a lower-cost entry point into homeownership in a stable, established area. The lot, while below the neighbourhood average, provides manageable outdoor space without being burdensome. Its age places it right around the area's average, suggesting it fits the local character without being an outlier in terms of upkeep or potential renovation needs.

This property would suit a first-time buyer, an investor looking for a rental property, or someone seeking to downsize into a low-maintenance home. It’s for a pragmatic buyer who prioritizes location and affordability over square footage, and who sees potential in a modest, straightforward canvas.

Frequently Asked Questions

1. Why is the assessed value so much lower than the last sold price range of $250k-$300k?
The assessed value is for taxation purposes and is often significantly lower than market value. The sale price from 2020 reflects what a buyer was willing to pay at that time in the open market, which is influenced by factors like interior condition, updates, and market trends that aren't fully captured in the assessment.

2. How does the small living area impact daily life and resale?
At 680 sqft, the floor plan will be compact. It likely suits one or two people comfortably. While this limits space for possessions or guests, it also translates to lower utility costs and less upkeep. For resale, it narrows the pool of buyers to those specifically seeking a smaller home, but it also maintains a unique position as an affordable, single-family option.

3. Is the lot size a limitation for future expansion or gardening?
The 3,011 sqft lot is smaller than many in the area but is still a decent size for a small garden, patio, or shed. Any potential for a home addition would require careful planning and would need to comply with city zoning bylaws regarding setbacks and lot coverage, so it's advisable to investigate those specifics.

4. The home is "below average" in many metrics. Is that a concern?
It's important to contextualize these rankings. Being below average in size and value on Devonshire Drive simply means it's one of the more modest homes on a street of modest homes. It doesn't indicate a problem; rather, it confirms the property's position as an affordable option within a desirable category—a established Winnipeg neighbourhood.

5. How can I get the exact historical sold price?
The exact sold prices are not publicly displayed in detail due to data licensing. You can request the precise figure by using the "Get exact sold price history" email request form provided on the listing page. The service is manual but prompt, with a commitment to reply by the end of the same business day.