Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Plessis Road): Above Average. Ranked #31 out of 165 (Top 19%). The street average for comparable homes is 784 sqft.
Neighborhood Level (Meadows): Around Average. Ranked #102 out of 236 (Top 43%). The neighborhood average for comparable homes is 965 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #17,010 out of 26,841 (Bottom 37%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Plessis Road): Around Average. Ranked #53 out of 165 (Top 32%). The street average for comparable homes is 154.4k.
Neighborhood Level (Meadows): Below Average. Ranked #124 out of 236 (Bottom 47%). The neighborhood average for comparable homes is 224.3k.
Citywide Level (Winnipeg): Below Average. Ranked #22,725 out of 26,841 (Bottom 15%). The citywide average for comparable homes is 276.9k.
Street Level (Plessis Road): Above Average. Ranked #1 out of 165 (Top 1%). The street average for comparable homes is 1987.
Neighborhood Level (Meadows): Around Average. Ranked #72 out of 236 (Top 31%). The neighborhood average for comparable homes is 1992.
Citywide Level (Winnipeg): Below Average. Ranked #13,754 out of 26,841 (Bottom 49%). The citywide average for comparable homes is 1990.
Meadows market pulse
How to read: Share of sales in each ~$50k price band for “meadows” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
205-1661 Plessis Road — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 258 m), 1 education (nearest 396 m), 6 parks (nearest 274 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 205-1661 Plessis Road, Winnipeg
Key Characteristics & Appeal
This 891 sqft condo unit in the Meadows neighbourhood presents a practical and value-focused opportunity. Built in 1987, its key appeal lies in its strong positioning within its immediate context. The living space is notably above average for similar homes on Plessis Road itself, offering more room than most direct comparables. While its assessed value is modest city-wide, it is above average for its street and on par for the Meadows area, suggesting a lower property tax burden relative to many Winnipeg homes.
The unit’s standout characteristic is its age relative to its immediate peers: it ranks in the top 1% on its street for year built, meaning it is among the newest in that specific grouping. Recent sale history indicates active market interest. This property would suit first-time buyers or investors seeking an entry point into the market with a manageable overhead. It’s also a potential fit for downsizers looking for a low-maintenance home without a premium price tag, particularly those who value space efficiency over high-end finishes.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $15,100 is significantly below the Winnipeg city average, which typically translates to lower annual property taxes. This is a key financial advantage for budget-conscious owners.
2. How does the living area compare to nearby homes?
At 891 sqft, the unit is larger than the average comparable home on Plessis Road (784 sqft). This suggests you may get more interior space for your money here than with other immediate options in the building or complex.
3. The unit sold in 2021 and again in 2023. Is that a concern?
The recent sales activity primarily indicates a active market for this type of property. For a precise understanding, reviewing the exact sold prices (available by request) would clarify whether it was a quick flip or simply reflected typical turnover in a condo complex.
4. What is the significance of the "Year Built" ranking?
Ranking in the top 1% on its street for year built (1987) means this is one of the newest units among its direct neighbours. This can be a positive indicator for potentially newer building systems or updates compared to others in the same row or complex.
5. Who are the most likely buyers for this condo?
This property is most suited to pragmatic buyers prioritizing function and cost-efficiency. This includes first-time homeowners building equity, investors seeking a rental property with a lower tax cost, or retirees downsizing from a larger house who want to maximize their monthly budget.