Property Overview: 49 Thatcher Drive
Key Characteristics & Appeal
This is a well-established, two-storey home in Winnipeg's Agassiz neighbourhood, built in 1962. It sits on a large, 6,762 sqft lot, which is a standout feature ranking in the top 35% for size on its street. The home offers 1,494 sqft of living space, an attached garage, and a basement that is present but not renovated.
Its primary appeal lies in its solid foundation and the potential inherent in its generous lot size. The property represents a classic Winnipeg family home in a mature neighbourhood. It would suit a practical buyer looking for space and a canvas to personalize—perhaps a first-time homeowner comfortable with gradual updates, or an investor seeking a property with strong land value. The assessed value has shown a notable increase since its last sale in 2020, suggesting positive momentum in the area. A thoughtful perspective is that while the home itself may require modernization, the large lot provides not just yard space, but also future possibilities for expansion or landscaping that smaller, newer lots often cannot accommodate.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
It indicates the basement is functional and included, but it retains its original or older finishes and systems. Buyers should budget for updates to suit modern living standards or storage needs.
2. How significant is the lot size?
At over 6,700 sqft, the lot is considerably larger than many in Winnipeg. This offers more privacy, play space, and gardening potential than newer subdivisions, and is a key value-driver for the property.
3. The home last sold in early 2020. What does the price change indicate?
The sold price in 2020 was $36.6k, with a current assessed value of $43.5k. This increase aligns with broader market trends over that period and reflects the property's maintained or improved market position.
4. What does the "rank" data for the street and neighbourhood tell me?
These rankings compare this property against immediate neighbours and the wider area. They show that while the home's living area is middle-of-the-pack, its lot size and assessed value are competitive strengths within its local context.
5. Is the age of the home (1962) a concern?
Homes from this era are common in Winnipeg and are often structurally sound. The consideration is less about age itself and more about the condition and age of major components like the roof, windows, and heating system, which would be key inspection points.