111-1671 Plessis Road

Property Overview: 111-1671 Plessis Road, Winnipeg

Key Characteristics & Appeal

This 891 sqft home, built in 1987, presents a practical and competitively positioned option in the Meadows neighbourhood. Its primary appeal lies in offering above-average space for its immediate area—it ranks in the top 19% for living area on Plessis Road—while maintaining a modest assessed value. This creates a value-oriented profile: you get more interior room than many neighbouring homes without a proportionally higher tax assessment. The home last sold in the 2024 price range of $150k-$200k, placing it well below the city-wide average, which suggests an accessible entry point into the market.

The property would suit first-time buyers or investors seeking a functional, no-frills property with a lower ongoing tax burden. A thoughtful perspective is that its strong rankings on its own street indicate it’s a standout in its specific building or complex, potentially offering better relative quality or layout than direct neighbours, which is a smart way to evaluate a unit in a multi-family setting. However, its below-average city-wide assessment is a double-edged sword; it hints at affordability but may also reflect the home’s specific location, building type, or condition relative to the broader Winnipeg market.

Frequently Asked Questions

1. What does the "Elite – Top 1%" ranking for Year Built mean?
This indicates the home is among the newest on its stretch of Plessis Road. Given that the street average is also 1987, it likely means this specific unit is one of the most recently built or updated within its immediate comparable group, not necessarily that it’s newer than most city homes.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value of $15,100 is significantly below the Winnipeg average of ~$25,600. This is common for condominiums or townhomes in older complexes and reflects factors like the building type, shared amenities (or lack thereof), and the specific market values in the Meadows area. It generally translates to lower property taxes.

3. How recent is the sale price information?
The home sold in 2024. The provided price range of $150,000-$200,000 is based on public data. For the exact sale price, you must request it directly via the email service mentioned, as this detail is not publicly disclosed in full.

4. What type of property is this—a house, condo, or townhouse?
The address format (unit number-building number) and the direct comparison to neighbouring units with identical street numbers strongly suggest this is a condominium or townhouse unit within a multi-building complex.

5. How does its size compare to nearby homes for sale?
The listed "Worth viewing" comparable properties (22 Whiteway Rd, 58 Sanford Fleming Rd, 7 Conlin St) are all single-family homes in Meadows with similar living area but significantly higher assessed values ($28k-$33k). This highlights that this unit offers similar interior space at a potentially much lower purchase price and tax cost, but likely with different ownership structures and amenities.