Property Overview: 1927 Plessis Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 875 sqft bungalow, built in 1988, presents a practical and straightforward homeownership opportunity in the Meadows neighbourhood. Its primary appeal lies in its balance of a newer construction date relative to many area homes and a notably generous 7,325 sqft lot, which ranks well above average for both the neighbourhood and the wider city. This combination suggests a property that may require less immediate maintenance than an older home while offering valuable outdoor space for gardening, recreation, or future expansion.
The home’s living area is compact, ranking below average for its street, area, and city, indicating it is best suited for individuals, couples, or small families. Its assessed value is consistently around the average mark for its immediate comparables, positioning it as a financially accessible entry point into the market. A thoughtful perspective is that this property represents a "land-value play" in a practical sense—you are acquiring a proportionally large parcel with a modest, functional home on it, which can be a strategic foundation for long-term value.
This property would best suit first-time buyers or downsizers seeking a manageable home with minimal upkeep, where private outdoor space is a priority over interior square footage. It’s also a sensible fit for value-oriented buyers who appreciate a home that is newer than many in Winnipeg’s housing stock, potentially sidestepping some of the major system updates older homes often require.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes, at 875 sqft, the living area is below average for the street, Meadows neighbourhood, and Winnipeg overall. It’s a compact bungalow layout.
2. What stands out as a key strength for this property?
The 7,325 sqft lot is a significant strength. It ranks in the top 14% city-wide for land area, offering much more yard space than the typical Winnipeg home.
3. How does the age of the home compare to others?
Built in 1988, it is newer than most homes on its street and in the city overall. This can be an advantage, as major components like the roof, windows, and mechanical systems may have more usable life remaining than in a century-old home.
4. What was it last sold for?
Public records indicate a sale between CA$250,000 and $300,000 in 2016. For the exact sale price, you can request the information directly via the provided email service on the listing page.
5. What kind of neighbourhood is Meadows?
The listing shows comparable properties in Meadows with a wide range of assessed values and sizes, suggesting a diverse, established neighbourhood with a mix of home types and values.