Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Plessis Road): Below Average. Ranked #142 out of 165 (Bottom 14%). The street average for comparable homes is 784 sqft.
Neighborhood Level (Meadows): Below Average. Ranked #213 out of 236 (Bottom 10%). The neighborhood average for comparable homes is 965 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #24,239 out of 26,841 (Bottom 10%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Plessis Road): Below Average. Ranked #156 out of 165 (Bottom 5%). The street average for comparable homes is 154.4k.
Neighborhood Level (Meadows): Below Average. Ranked #227 out of 236 (Bottom 4%). The neighborhood average for comparable homes is 224.3k.
Citywide Level (Winnipeg): Below Average. Ranked #24,964 out of 26,841 (Bottom 7%). 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
312-1661 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
Address · Distance
Is this home right for you?
Property Overview: 312-1661 Plessis Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 661 sqft condominium in the Meadows neighbourhood, built in 1987. Its key appeal lies in being an accessible entry point into the Winnipeg market, characterized by a below-average municipal assessed value. This translates to predictable, lower property taxes—a significant, ongoing cost savings for an owner.
The unit ranks as one of the oldest buildings on its specific stretch of Plessis Road, which can suggest a well-established, stable community. While its living space is modest compared to area averages, this efficiency suits a minimalist lifestyle or represents a practical trade-off for affordability. It last sold between $100k-$150k in 2023, positioning it well below city-wide averages.
This property would best suit first-time buyers or investors seeking a low-cost entry with manageable carrying costs. It’s also a practical fit for downsizers or those seeking a no-fuss, functional home where the priority is financial efficiency over space. The data suggests it’s not a home for those needing room to grow, but rather a strategic foothold in the market.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built on its street mean?
It simply means it is one of the oldest buildings compared to its immediate neighbours on Plessis Road. This isn’t about luxury, but about the building’s vintage within that very specific group.
2. Why is the assessed value so much lower than the city average?
The assessed value is consistently below averages for the street, neighbourhood, and city. This is primarily due to the unit’s smaller size and likely its condominium type, which are key factors in municipal assessment formulas. The benefit is proportionally lower property taxes.
3. Who would be my neighbours in this building?
Given the unit’s size, age, and affordability, it’s likely a mix of long-term residents who value stability, first-time owners, and possibly renters (if the condo bylaws allow it). The immediate nearby properties are all similar addresses, indicating a concentrated condo community.
4. How does the last sold price range (2023: $100k-$150k) relate to the assessed value?
The sold price range is significantly higher than the current $12,800 assessed value. This is normal; market value (what a buyer pays) and assessed value (for tax purposes) are calculated differently and rarely match. The gap suggests strong market demand for affordable options.
5. Where can I see more details about the neighbourhood and comparable homes?
The listing references a "neighbourhood analysis page" that maps nearby houses and compares details like year built, living area, and assessed value. For exact historical sold prices, you must request the information directly via email from the listing service.