50 Thatcher Drive

Agassiz, Winnipeg

Property score

68.9

Good

Overall 68.9 · Smaller than most nearby homes

1,244 sqft (bottom 28%) · Built in 1961 (1 yr older than avg)

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

Transit 82.0 · 5-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

21% 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 Area1,244 sqft66Good
Year Built196146Low
Lot Size6,541 sqft85Excellent
Neighbourhood Sales Activity53Fair

Community Score

75.9Good
Household Income75Good
Education Level91Excellent
Housing Stress42Low
Core Housing Need100Excellent
Employment Health60Fair

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
1,244 sqft
0255075100
Same streetBottom 14%Same areaBottom 28%CitywideTop 46%
Same street · Thatcher Drive
#71 / 83
Bottom 14% · Avg 1,707 sqft
Same area · Agassiz
#127 / 176
Bottom 28% · Avg 1,577 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 30%Same areaTop 49%CitywideTop 30%
Same street · Thatcher Drive
#58 / 83
Bottom 30% · Avg 487.5k
Same area · Agassiz
#87 / 176
Top 49% · Avg 464.4k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

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

Lot Size

above average
6,541 sqft
0255075100
Same streetBottom 8%Same areaBottom 10%CitywideTop 22%

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

50 Thatcher Drive — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 150 m), 1 healthcare (nearest 480 m), 2 parks (nearest 453 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 5/2022CA$450k–500k
Sold price

Same street

Top 22%

Same area

Top 12%

City-wide

Top 17%
Sold 9/2020CA$350k–400k
Sold price

Same street

Bottom 36%

Same area

Bottom 49%

City-wide

Top 36%

Related homes

Highlights & common questions: 50 Thatcher Drive, Winnipeg

Property Summary: 50 Thatcher Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Agassiz sits on a generous 6,541 sqft lot, placing it among the larger properties on its street. Its primary appeal lies in this established, spacious setting combined with significant updates, most notably a renovated basement. The home’s living area is also above average for the immediate street, offering comfortable scale.

The property’s history shows a notable value increase, having sold for $390k in 2020 and again for $490k in 2022, suggesting active investment and improvement. While the building itself is from 1961, the recent sale price ranks highly within the wider Winnipeg market, indicating buyers have recognized its updated condition and lot value.

This home would best suit buyers looking for a move-in ready, single-level layout with a large yard in a mature neighbourhood. It’s ideal for those who value space and privacy over a brand-new build, and for owners who have outgrown a smaller lot but don’t want a multi-storey layout. The renovated basement adds valuable flexible space for a growing family, a home office, or recreational use.


Section 2: Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, permits, and layout should be verified with the seller or during a viewing to understand its full functionality and condition.

2. How does the age of the home (1961) affect it?
While the structure is 65 years old, the recent sale history suggests updates have been made. A thorough inspection is recommended to assess the condition of major aging components like the roof, plumbing, and electrical systems.

3. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for tax purposes often lags behind market value and doesn’t account for recent renovations or current market conditions. The 2022 sale price of $490k is a more current indicator of its market worth.

4. Is the neighbourhood quiet or busy?
The property’s position among closely spaced homes on Thatcher Drive suggests a typical, established residential street. Proximity to D'Arcy Drive (noted nearby) may indicate slightly higher traffic flow, which should be personally evaluated at different times of day.

5. What is the potential for future value growth?
The large lot size is a permanent asset that ranks highly in the area. In a mature neighbourhood like Agassiz, this underlying land value and the home’s updated condition are positive factors, though future growth will depend on broader market trends and continued maintenance.

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