48 Thatcher Drive

Agassiz, Winnipeg

Property score

68.5

Good

Overall 68.5 · Smaller than most nearby homes

1,229 sqft (bottom 18%) · Built in 1961 (1 yr older than avg)

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

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

Living Area

Below average

22% smaller than neighborhood avg.

Taon ng Paggawa

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

68.5 is composed by the two sections below.

Property Score

63.6Fair
Living Area66
1,229 sqftGood
Taon ng Paggawa46
1961Low
Lupa81
6,281 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

Istatistika ng benta ng komunidad

Agassiz

How to read: Share of sales in each ~$50k price band for “agassiz” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,229 sqft
0255075100
Same streetBottom 7%Same areaBottom 18%CitywideTop 48%
Same street · Thatcher Drive
#77 / 83
Bottom 7% · Avg 1,707 sqft
Same area · Agassiz
#144 / 176
Bottom 18% · Avg 1,577 sqft
Citywide · Winnipeg
#92,425 / 194,458
Top 48% · Avg 1,342 sqft

Assessed Value

karaniwan
416k
0255075100
Same streetBottom 6%Same areaBottom 18%CitywideTop 35%
Same street · Thatcher Drive
#78 / 83
Bottom 6% · Avg 487.5k
Same area · Agassiz
#145 / 176
Bottom 18% · Avg 464.4k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Taon ng Paggawa

karaniwan
1961
0255075100
Same streetBottom 33%Same areaTop 49%CitywideBottom 43%

Lupa

lampas sa average
6,281 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideTop 26%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

48 Thatcher Drive — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 161 m), 1 healthcare (nearest 464 m), 1 parks (nearest 443 m).

Search radius
🏫Education1
🏥Healthcare1
🌳Parks1
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%

Kasaysayan ng Benta

Naibenta 8/2022CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 27%

Parehong lugar

Bottom 40%

Buong lungsod

Top 38%

Related homes

Mga tampok at karaniwang tanong: 48 Thatcher Drive, Winnipeg

Property Overview & Key Characteristics

This 1961-built, one-storey home at 48 Thatcher Drive sits on a generous 6,281 sqft lot in Winnipeg's Agassiz neighbourhood. Its primary appeal lies in the combination of a renovated basement and a lot size that ranks in the top 5% on its street and top 3% in the wider neighbourhood, offering significant outdoor space and potential. With 1,229 sqft of living area, it is a comfortably sized home that stands above most immediate comparables in its area.

The property would suit first-time buyers or downsizers looking for a solid, single-level layout with modernized below-ground space and room to garden or expand outdoors. It also presents a clear value proposition for value-conscious buyers, as its last sold price in 2022 was notably below its current assessed value, suggesting potential equity. The lack of a garage may deter some, but the large lot provides ample space to add one if desired.

Frequently Asked Questions

1. 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 quality of the renovation, the materials used, and whether it includes a legal secondary suite or additional bedrooms.

2. How does the lack of a garage impact daily life and value?
While the property has no garage, the very large lot is a key asset that offers the possibility of adding a detached garage or carport. Buyers should budget for this potential future cost and consider street parking in the interim.

3. The home last sold in 2022 for $38.3k, but is now assessed at $41.6k. What does this mean?
This indicates the municipal assessment has increased, which is common after a sale establishes a new market value. It suggests the property may have gained value, but the true market price is determined by current buyer demand, not the assessment.

4. The lot is large, but is it usable?
A top-ranking lot size is a major advantage. Buyers should verify the lot's topography, drainage, and any restrictive covenants to ensure it is fully usable for gardening, recreation, or future additions.

5. How does this home compare to others in the area?
This home has a larger lot but slightly less living space than many similar-aged homes in nearby neighbourhoods like Waverley Heights and Minnetonka. It represents a trade-off: more outdoor space for slightly less indoor square footage, often at a lower price point.