119 Thatcher Drive

Montcalm, Winnipeg

Property score

67.5

Good

Overall 67.5 · Smaller than most nearby homes

1,337 sqft (bottom 11%) · Built in 1964 (5 yrs older than avg)

Located in a average-income area with median household income of ~50k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 2 fuel stations nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 32%Punjabi · 11%

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

Sold Count

17

Median price

470k

$/sqft

$281/sqft

Avg build year

1969

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Property score

67.5 is composed by the two sections below.

Property Score

69.9Good
Living Area1,337 sqft71Good
Year Built196446Low
Lot Size7,213 sqft88Excellent
Neighbourhood Sales Activity98Excellent

Community Score

63.9Fair
Household Income56Fair
Education Level100Excellent
Housing Stress20Low
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

Montcalm

No data yet — refresh community stats on the server if needed.

How to read: Share of sales in each ~$50k price band for “montcalm” (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: #46110984

Community deep dive

$50K

Median household income

$57K

Average household income

28%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

36%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)1,716
Labour force participation rate71%
Median age28.4
Avg household size2.2
Unemployment rate11%
Population density17160 / km²

Households & income

Low income (LIM-AT, % pop.)28%
Single-person households36%
Couple families with children15%
Median household income (2020)$50K

Housing

Renter households96%
Condominium dwellings3%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority78%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 31%
Mother tongue (2nd)Punjabi · 10%

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

Rankings

Living Area

around average
1,337 sqft
0255075100
Same streetBottom 18%Same areaBottom 11%CitywideTop 39%
Same street · Thatcher Drive
#68 / 83
Bottom 18% · Avg 1,707 sqft
Same area · Montcalm
#33 / 37
Bottom 11% · Avg 1,742 sqft
Citywide · Winnipeg
#76,362 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
433k
0255075100
Same streetBottom 14%Same areaBottom 11%CitywideTop 31%
Same street · Thatcher Drive
#71 / 83
Bottom 14% · Avg 487.5k
Same area · Montcalm
#33 / 37
Bottom 11% · Avg 505.9k
Citywide · Winnipeg
#61,069 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1964
0255075100
Same streetTop 29%Same areaBottom 41%CitywideBottom 46%

Lot Size

above average
7,213 sqft
0255075100
Same streetTop 33%Same areaBottom 24%CitywideTop 15%

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

119 Thatcher Drive — 13 amenities found within 500 m, across 5 categories, including 7 dining (nearest 282 m), 1 education (nearest 310 m), 2 healthcare (nearest 307 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare2
Fuel Stations2
🏛️Government1

Crime & Safety

Montcalm · WPS public data · 2026

Annual incidents

48

2026

vs. city avg

+63%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

56%

Sales History

Sold 10/2020CA$400k–450k
Sold price

Same street

Top 49%

Same area

Bottom 24%

City-wide

Top 28%

Related homes

Highlights & common questions: 119 Thatcher Drive, Winnipeg

Property Overview

119 Thatcher Drive is a 1,337 sqft bungalow built in 1964, situated on a 7,213 sqft lot in Winnipeg's Montcalm neighbourhood. Its key appeal lies in its balance of a generous city-sized lot with a modest, manageable home footprint. While the living space is below average for its immediate street and area, the lot size is significantly above the Winnipeg average, offering valuable outdoor space and potential. The home last sold between $400k-$450k in 2020, and its current assessed value is notably lower than many area comparables.

This property would suit a practical buyer looking for value in a mature neighbourhood. It's ideal for someone who prioritizes yard space over interior square footage—perfect for gardening, pets, or future expansion. It also represents a potential opportunity for buyers comfortable with a home of vintage character who may be looking for a project or a land-value play in the long term.

Frequently Asked Questions

1. Why is the assessed value so much lower than the last sale price?
Assessed values for tax purposes often lag behind market sale prices and are calculated using different criteria. The 2020 sale price likely reflects the market value at that time, while the assessment is an administrative valuation.

2. How does the lot size compare to typical Winnipeg homes?
The lot is a standout feature. At over 7,200 sqft, it ranks in the top 15% city-wide, meaning it's substantially larger than the average Winnipeg lot (approx. 6,570 sqft).

3. The home seems smaller than others on the street. Is that a concern?
The living area is below the street and area averages. This suggests the home may be more modestly sized or configured than its neighbours, which can mean lower utility costs and less maintenance, but it's important to verify the layout meets your needs.

4. What does the "rank" and "top X%" information mean?
These figures show how this property compares to similar homes in three zones: its street, the broader Montcalm area, and all of Winnipeg. For example, a "Top 15%" rank for lot size city-wide means 85% of comparable Winnipeg homes have a smaller lot.

5. Where can I see more context about the neighbourhood?
You can open the neighbourhood analysis page for an interactive map to compare this property with nearby homes based on year built, size, value, and lot dimensions.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.