65.0
Good
Property score
65.0
Good
Overall 65.0
Smaller than most nearby homes
950 sqft (bottom 24%)
Built in 1976 (12 yrs older than avg)
Located in a high-income area
with median household income of ~106k
Transit 76.0
5-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 5 parks, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 70%Tagalog · 6%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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65.0 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110821
$106K
Median household income
$119K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
16%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
54 Hatcher Road — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 337 m), 5 parks (nearest 179 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Bottom 48% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
54 Hatcher Road presents a distinct value proposition in Winnipeg’s Mission Gardens neighbourhood. Its appeal is rooted in a notable imbalance between its modest house and its generous lot, offering a specific kind of opportunity.
Key Characteristics & Appeal
The home itself is compact at 950 sqft, placing it below average in size for the street, area, and city. Built in 1976, it is typical for its immediate area but newer than many city-wide comparables. The standout feature is the land: an 8,301 sqft lot that ranks in the top 10-20% across all comparison levels. This creates a property with a relatively high assessed value for its street, suggesting the land itself is a significant driver of worth.
The appeal lies in this land-to-building ratio. It suits buyers looking for a footprint to build upon, whether that means expansions, gardening, or simply enjoying ample outdoor space without a correspondingly large home to maintain. It’s a practical option for a first-time buyer comfortable with a smaller interior or an investor seeing long-term potential in the lot. The 2022 sale in the $300k-$350k range indicates a market recognition of this potential.
1. Is the house too small for the lot?
Not necessarily. While the living space is below average, the large lot is the property's defining asset. It offers flexibility that a home on a standard lot does not, whether for recreation, storage, or future improvement.
2. What does the assessed value tell us?
The assessment is above average for the street but average for the wider area. This often signals that the property's value is bolstered by its desirable lot size, even if the structure itself is more modest.
3. How does the 2022 sale price context help?
The sale price range from 2022 placed the property in the top 13% for its street at that time. This historical data reinforces the premise that this address has consistently traded at a premium relative to its immediate neighbours, likely due to its lot.
4. What are the main considerations for a buyer?
Buyers should weigh their need for interior space against the value of extensive outdoor space. The home may require updates common to its era, but the lot offers a rare opportunity in the city that isn't reflected in the home's square footage.
5. Who would this property not suit?
It may not be ideal for buyers seeking a move-in-ready home with ample modern interior space or those unwilling to consider future projects. The value here is more in the property's potential than in its current finished state.
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