Property Overview
This home at 1313 Plessis Road in Winnipeg's Melrose neighbourhood presents a compelling blend of space and established value. Built in 1973, its key appeal lies in its above-average proportions relative to its immediate surroundings. The 1,672 sqft living area ranks in the top 2% for the Melrose area, offering significantly more interior space than local averages. It sits on a 6,875 sqft lot, which is also well above the norm for the area, providing ample outdoor space. The property’s assessed value positions it as an elite offering within Melrose, suggesting a strong value proposition for the neighbourhood.
Its appeal is grounded in offering more house and land for the dollar within its specific community, rather than flashy city-wide rankings. It would suit practical buyers looking for a spacious family home in a mature neighbourhood, or those who value a larger lot for gardening, recreation, or future expansion. It’s a property that stands out on its own street and area for its substantial footprint, making it a notable find for someone prioritizing interior and exterior space over a newer build.
Frequently Asked Questions
1. How does this home’s value compare to nearby properties?
The assessed value of $43,400k ranks in the top 1% for the Melrose area, meaning it is valued higher than 99% of comparable homes locally. This indicates it is considered a premium property within the neighbourhood, likely due to its larger living area and lot size.
2. Is the house newer or older than others in the area?
Built in 1973, the home is newer than the average house in Melrose (average year built ~1947), ranking in the top 12% for the area. On its specific street, however, its age is around the average.
3. What does the lot size mean for potential buyers?
At 6,875 sqft, the lot is substantially larger than the Melrose area average (~4,166 sqft). This offers greater privacy, yard space, and potential for additions like a shed, deck, or garden compared to many neighbouring properties.
4. The city-wide rankings seem average. Is this a concern?
Not necessarily. The home’s standout features are relative to its immediate area. It offers more space and a larger lot than is typical for Melrose, which is a key local advantage. City-wide averages include many different neighbourhood types and newer subdivisions, so local comparison is often more meaningful for daily living and value.
5. Where can I see more context about the neighbourhood?
A detailed neighbourhood analysis map is available, allowing you to see this property in context with nearby houses, comparing year built, living area, assessed value, and lot size visually.