Property Overview: 1286 Plessis Road, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Built in 1944, it is a well-established property with a living area of 944 sqft situated on a standard city lot of just over 5,000 sqft. The data suggests its primary appeal lies in its position as an accessible entry point into the market. With an assessed value significantly below averages for its immediate street and neighborhood, it may attract attention from price-conscious buyers. The home’s size is manageable for a small household, and its lot size is typical for the area, offering standard outdoor space without extensive maintenance demands.
This property would likely suit first-time buyers or investors looking for a straightforward, lower-priced asset in a long-established community. A thoughtful perspective is that its age (among the oldest in its area) could represent either a charm-filled character home awaiting cosmetic updates, or a project requiring attention to foundational systems. Its sold price from 2024 places it in a competitive range, indicating it’s seen as a viable property despite its lower assessment, which may reflect its vintage.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
Assessed values for taxation purposes often lag behind current market values, which are influenced by recent sales, buyer demand, and the condition of the home at the time of sale.
2. What does the age of the home (1944) mean for a buyer?
While offering classic character, a home of this age likely requires a thorough inspection. Key considerations would be the condition of major systems like plumbing, electrical, and the foundation, which may have been updated over time.
3. How does the living space compare to nearby homes?
At 944 sqft, the living area is moderately below the average for both the Mission Gardens area and Winnipeg overall. This indicates a cozier, more efficient layout rather than a sprawling one.
4. Is the lot size a pro or a con?
At 5,397 sqft, the lot is very typical for the city and neighborhood. It provides adequate yard space but isn't unusually large, which can mean lower maintenance—a plus for some—but less privacy or expansion potential than a larger lot.
5. Where can I see more detailed context about this specific location?
You can open the neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, living area, and lot size in a visual format.