Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Plessis Road): Above Average. Ranked #1 out of 165 (Top 1%). The street average for comparable homes is 784 sqft.
Neighborhood Level (Meadows): Around Average. Ranked #72 out of 236 (Top 31%). The neighborhood average for comparable homes is 965 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #16,329 out of 26,841 (Bottom 39%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Plessis Road): Above Average. Ranked #5 out of 165 (Top 3%). The street average for comparable homes is 154.4k.
Neighborhood Level (Meadows): Around Average. Ranked #76 out of 236 (Top 32%). The neighborhood average for comparable homes is 224.3k.
Citywide Level (Winnipeg): Below Average. Ranked #20,517 out of 26,841 (Bottom 24%). 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
216-1683 Plessis Road — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 120 m), 1 education (nearest 367 m), 4 parks (nearest 221 m).
Crime & safety
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 216-1683 Plessis Road. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
This 903 sqft property at 216-1683 Plessis Road in Winnipeg's Meadows neighbourhood presents a distinct value profile. Built in 1987, it stands out for offering more living space than most similar homes on its street, while carrying a notably low municipal assessed value.
Key Characteristics & Appeal
The primary appeal of this home lies in its value positioning. With a living area ranking in the top 1% on Plessis Road, it provides significantly more space (903 sqft vs. a street average of 784 sqft) without a proportionally higher price tag. Its assessed value of $16,300 is remarkably low, ranking in the top 2% on its street and well below city-wide averages. This suggests a potential opportunity for buyers focused on affordability and square footage, rather than premium finishes or a high assessment. Recent sale history indicates activity in 2021 and 2024, showing it's a transacted property in a stable range.
It would suit practical, value-conscious buyers such as first-time investors looking for a rental property with a lower tax burden, or homeowners who prioritize interior space over lot size or updated assessments. Its appeal is more financial than aesthetic, ideal for someone comfortable with a home that is likely older and may require updates, but who sees advantage in the below-average operating costs.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
A low assessed value can be due to various factors, including the specific building type (it appears to be a condo or townhouse unit), the age and condition of the property, and its location within the city. This results in lower property taxes, which is a key ongoing cost saving.
2. What does ranking in the "top 1%" for living area on the street mean?
It means this unit has more interior square footage than 99% of the 165 comparable properties on Plessis Road. For the neighbourhood and city, its size is around average. This indicates you're getting a home that is spacious for its immediate area.
3. How reliable are the sold price ranges shown?
The ranges are based on public data. For the exact sold price, you must request it via email from the site. This is a common practice to verify serious interest while providing indicative market data upfront.
4. The nearby properties listed have higher assessed values. Why?
The listed nearby properties are likely different styles (e.g., single-family homes) on their own lots, which typically command higher assessments than a unit within a larger building or complex, even if they have similar living space.
5. Who would benefit most from this property's specific profile?
A buyer whose priority is minimizing monthly carrying costs (like taxes) while maximizing interior space would benefit most. It's a trade-off: you gain square footage and affordability, but likely accept an older building and a lower perceived value from the city's assessment perspective.