Property Summary: 109 Thatcher Drive, Winnipeg
Key Characteristics & Appeal
This home at 109 Thatcher Drive in Montcalm presents a compelling opportunity defined by its above-average space and land. Built in 1965, it is a classic example of its era, situated on a generous 7,214 sqft lot. The key appeal lies in its size: with over 2,000 sqft of living area, it ranks within the top 22-24% of homes on its street and in Montcalm, and within the top 10% city-wide, offering significantly more interior space than the Winnipeg average. The lot size is also well above the city-wide norm, placing it in the top 15%.
Its assessed value is above average for the street and city, but aligns closely with the typical value for the Montcalm area, suggesting it is priced appropriately for this established neighbourhood. A less obvious perspective is that this property represents a "larger footprint" opportunity in a central area—a combination of ample indoor and outdoor space that can be harder to find in newer infill developments. It would suit buyers looking for a character home with room to grow, garden, or entertain, and who value established neighbourhoods over brand-new construction. It's ideal for someone comfortable with a home of this vintage who sees potential in its generous proportions, whether for immediate use or future updates.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
The living area of 2,037 sqft is notably larger than average. It surpasses the typical home on Thatcher Drive by about 330 sqft, the Montcalm area average by nearly 300 sqft, and the Winnipeg city-wide average by almost 700 sqft.
2. What is the neighbourhood like for similar properties?
The data shows Montcalm is an established neighbourhood with homes of a similar vintage. The lot size for this property is around the local average, but living space and assessed value are above average here, indicating it's one of the more substantial homes in the area.
3. The assessed value seems low compared to the sold price range shown. Why?
The assessed value (used for property tax calculation) is often significantly lower than market value. The listed sold price range from 2021 (CA$450k-500k) is the relevant market indicator, and it places the home in the top 19% city-wide for sold prices at that time.
4. What might a buyer need to consider with a home from 1965?
While the year built is typical for the street and area, a home of this age will likely have had various updates over time. Prospective buyers should pay close attention to the condition of major systems like roofing, plumbing, electrical, and windows, and factor potential updates into their planning.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed due to data restrictions. You can request it by email via the button on the listing page. The service is manual but straightforward, with a promise of a reply by the end of the same day and no unsolicited marketing use of your email.