40 Thatcher Drive

Agassiz, Winnipeg

Property score

68.9

Good

Overall 68.9 · Smaller than most nearby homes

1,234 sqft (bottom 25%) · Built in 1961 (1 yr older than avg)

Located in a above-average income area with median household income of ~77k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 school, 1 healthcare facility, 2 parks, and 1 fuel station nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 59%Chinese · 13%

Past 10 years Agassiz sales snapshot (~80% of all data)

Sold Count

73

Median price

470k

$/sqft

$323/sqft

Avg build year

1962

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Property score

68.9 is composed by the two sections below.

Property Score

64.2Fair
Living Area66
1,234 sqftGood
Year Built46
1961Low
Lot Size85
6,596 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

75.9Good
Household Income75
Good
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

Agassiz

How to read: Share of sales in each ~$50k price band for “agassiz” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110985

Community deep dive

$77K

Median household income

$102K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.4

P90 / P10 ratio

27%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)646
Labour force participation rate60%
Median age32.8
Avg household size2.4
Unemployment rate9%
Population density1059 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households27%
Couple families with children18%
Median household income (2020)$77K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority35%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Chinese · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,234 sqft
0255075100
Same streetBottom 13%Same areaBottom 25%CitywideTop 47%
Same street · Thatcher Drive
#72 / 83
Bottom 13% · Avg 1,707 sqft
Same area · Agassiz
#132 / 176
Bottom 25% · Avg 1,577 sqft
Citywide · Winnipeg
#91,344 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
435k
0255075100
Same streetBottom 19%Same areaBottom 37%CitywideTop 31%
Same street · Thatcher Drive
#67 / 83
Bottom 19% · Avg 487.5k
Same area · Agassiz
#111 / 176
Bottom 37% · Avg 464.4k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 33%Same areaTop 49%CitywideBottom 43%

Lot Size

above average
6,596 sqft
0255075100
Same streetBottom 25%Same areaBottom 36%CitywideTop 21%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

40 Thatcher Drive — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 205 m), 1 healthcare (nearest 394 m), 2 parks (nearest 421 m).

Search radius
🏫Education1
🏥Healthcare1
🌳Parks2
Fuel Stations1

Crime & Safety

Agassiz · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2016CA$350k–400k
Sold price

Same street

Bottom 13%

Same area

Bottom 21%

City-wide

Top 42%

Related homes

Highlights & common questions: 40 Thatcher Drive, Winnipeg

Property Summary: 40 Thatcher Drive, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1961 on a generous 6,596 sqft lot in the Agassiz neighbourhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its balance of space and established location. The lot size is notably above average for its street and neighbourhood, offering ample outdoor potential. With a living area of 1,234 sqft, the interior space is also comfortably sized compared to nearby homes.

This property would suit a first-time buyer or downsizer looking for a manageable single-level layout in a mature area, or an investor attracted by the value-add of an already renovated basement. Its strong lot size ranking suggests it may also appeal to those prioritizing outdoor space or future expansion potential over a newer build. The data indicates a stable assessment history, pointing to a settled, value-conscious street.

Frequently Asked Questions

1. How does the lot size compare practically?
At nearly 6,600 sqft, the lot is significantly larger than many in the immediate area (top 25% on the street). This means more private yard space, gardening potential, and distance from neighbours than is typical for the block.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and whether it includes added bedrooms, a legal suite, or simply finished living space.

3. The home is 65 years old. What should I consider?
While the basement has been updated, the core structure and major systems (like plumbing, electrical, and the roof) are of an age where proactive maintenance or future replacement should be factored into planning and offers.

4. How is the property's value trend indicated?
The assessed value has remained stable relative to the city, and the 2016 sale price was consistent with area norms at the time. The data does not show dramatic swings, suggesting a historically steady market value in this location.

5. What is the neighbourhood feel like?
Being on a street with homes largely from the same era, the area likely has a consistent, established character. The tight grouping of similar assessed values on nearby streets suggests a neighbourhood of comparable, modestly valued properties.