Property Overview: 1883 Plessis Road, Winnipeg
Key Characteristics & Appeal
This home at 1883 Plessis Road in the Meadows neighbourhood is defined by its practicality and value. Built in 1986, it is a newer construction compared to many homes on its street and across Winnipeg, which can mean fewer concerns about aging major systems. The standout feature is its assessed value, which is positioned solidly in the middle range for the city, suggesting a municipally recognized value that is not inflated relative to the market.
Its appeal lies in its role as an accessible entry point into homeownership. With a living area of 691 sq ft, it is notably compact—significantly smaller than area averages. This isn't a home for sprawling, but rather for efficient living. The modest lot size further underscores its low-maintenance potential. It suits first-time buyers, downsizers, or investors seeking a straightforward, manageable property with responsible property taxes. A thoughtful perspective is that its smaller size and newer build date (for the area) could translate to lower utility costs and predictable upkeep, appealing to budget-conscious buyers who prioritize financial efficiency over space.
Frequently Asked Questions
1. Is this a small house?
Yes. At 691 square feet of living area, it is significantly more compact than most homes in the Meadows neighbourhood and across Winnipeg. It is designed for efficient, low-maintenance living.
2. What does the assessed value tell me?
The assessed value of $32,400 is around the city-wide average for comparable properties. This indicates the home is not assessed at a premium, which typically correlates with more manageable municipal property taxes.
3. How does the year built affect the home?
Built in 1986, the home is newer than many on its street and in the city overall. A newer build can suggest updated construction standards and potentially deferred maintenance on major components like the roof or furnace, though a full inspection is always recommended.
4. What are the recent sale trends for this property?
Based on public data, it sold in the $300k-$350k range in 2022 and the $250k-$300k range in 2020. Exact sale prices are available upon request to provide precise historical context.
5. Who would this property suit best?
It is ideally suited for first-time buyers entering the market, empty-nesters looking to downsize, or practical investors. Its appeal is rooted in its simplicity, newer age, and value-oriented assessment, rather than ample space or a large yard.