Property Summary: 36 Thatcher Drive, Winnipeg
Section 1: Overview & Appeal
This well-situated one-storey home in Agassiz presents a solid opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous 6,596 sqft lot that ranks in the top 25% for size on its street. With 1,234 sqft of living space, the home itself is also larger than most in the immediate area.
The primary appeal lies in its established neighbourhood setting and the value represented by its spacious lot—a commodity that is increasingly rare. The renovated basement adds functional living space, making it a practical choice. This property would suit first-time buyers looking for a move-in-ready home with room to grow, or downsizers seeking single-level living without sacrificing yard space. It’s a grounded option for those who prioritize lot size and neighbourhood character over a newer build, as the home’s 1961 vintage is reflected in a price point that may offer more land for the investment compared to newer subdivisions.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in November 2021 for $320,000. The current assessed value is $440,000, which indicates significant market movement and municipal assessment growth in the period since.
2. Is the lot size a typical feature for the area?
No, it’s a standout feature. At 6,596 sqft, the lot is larger than approximately 75% of properties on Thatcher Drive and 64% of those in the wider Agassiz neighbourhood, offering more private outdoor space than is common.
3. How does the home’s age compare to others nearby?
Built in 1961, the home is older than about two-thirds of the houses on its street. This is typical for the area and is often balanced by the maturity of the neighbourhood and the size of the lots.
4. What does the ranking data for the last sale price indicate?
The data shows the 2021 sale price of $320k ranked at the very bottom (0%) for the neighbourhood at that time. This suggests it may have been an exceptional value purchase or required work at the time, context that is important when considering current value.
5. Are comparable homes based on assessed value located in similar areas?
The listed properties with similar assessed values are in various neighbourhoods (Vialoux, Elmhurst, Varsity View), not just Agassiz. This indicates that within Winnipeg, this home’s assessed value aligns with homes in a range of established areas, not just its immediate one.