Property Overview: 95 Thatcher Drive, Winnipeg
Key Characteristics & Appeal
This bi-level home in the Agassiz neighbourhood is defined by its generous 6,817 sqft lot, placing it in the top tier for land size on its street. The home itself, built in 1964, features 1,109 sqft of living space and a renovated basement. Its recent sale history and current assessed value suggest it is a competitively priced entry point into a mature area.
The primary appeal lies in its land value and location. The lot size offers significant outdoor space and potential, a notable advantage over newer subdivisions. The property suits first-time buyers or downsizers seeking a manageable home with a low-maintenance attached garage, where the value is anchored more in the land and location than in the square footage of the house. It also appeals to value-oriented buyers who see potential in a home with a renovated basement, viewing the interior as a solid canvas for gradual updates. A less obvious perspective is its appeal to those who prioritize stability; the property’s metrics are consistently mid-range for the broader city, suggesting a settled, established setting without the premium of a top-tier street.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 6,817 sqft lot is a key feature, ranking in the top 41% on Thatcher Drive. It is substantially larger than the standard lot in many newer neighbourhoods, offering more private outdoor space.
2. The living area is noted as being in the top 1% on the street. Does that mean it's large?
This statistic is relative. It indicates this home has less living space than 99% of the other homes on the street. The ranking highlights that homes on this street are typically larger, so this property may be one of the more compact options in the immediate area.
3. What does the sold price history indicate?
The home sold for $39,000 in August 2020. The current assessed value is $44,200. This recent transaction provides a concrete data point for market comparison, showing appreciation in line with broader market trends over that period.
4. Is the renovated basement a full suite?
The details confirm a renovated basement but do not specify if it is a legal suite. Buyers should verify the renovation scope, permits, and its compliance with local regulations for secondary suites.
5. The home is older; what should I consider?
Built in 1964, major systems like roof, plumbing, and electrical may be original or have been updated over time. A thorough inspection is essential. The age also means the neighbourhood is well-established with mature trees and settled infrastructure.