123 Thatcher Drive

Montcalm, Winnipeg

Property score

68.9

Good

Overall 68.9 · Smaller than most nearby homes

1,431 sqft (bottom 24%) · 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

18% 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

68.9 is composed by the two sections below.

Property Score

72.3Good
Living Area75
1,431 sqftGood
Year Built46
1964Low
Lot Size88
7,212 sqftExcellent
Neighbourhood Sales Activity98
Excellent

Community Score

63.9Fair
Household Income56
Fair
Education Level100
Excellent
Housing Stress20
Low
Core Housing Need63
Fair
Employment Health76
Good

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
1,431 sqft
0255075100
Same streetBottom 34%Same areaBottom 24%CitywideTop 34%
Same street · Thatcher Drive
#55 / 83
Bottom 34% · Avg 1,707 sqft
Same area · Montcalm
#28 / 37
Bottom 24% · Avg 1,742 sqft
Citywide · Winnipeg
#66,413 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetTop 39%Same areaBottom 46%CitywideTop 23%
Same street · Thatcher Drive
#32 / 83
Top 39% · Avg 487.5k
Same area · Montcalm
#20 / 37
Bottom 46% · Avg 505.9k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

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

Lot Size

above average
7,212 sqft
0255075100
Same streetTop 35%Same areaBottom 19%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

123 Thatcher Drive — 13 amenities found within 500 m, across 5 categories, including 7 dining (nearest 265 m), 1 education (nearest 326 m), 2 healthcare (nearest 295 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 11/2022CA$400k–450k
Sold price

Same street

Top 44%

Same area

Bottom 35%

City-wide

Top 25%

Related homes

Highlights & common questions: 123 Thatcher Drive, Winnipeg

Property Overview: 123 Thatcher Drive, Winnipeg

Key Characteristics & Appeal

This home at 123 Thatcher Drive in Montcalm presents a solid, mid-century property built in 1964. Its key appeal lies in its balance and context. With 1,431 sqft of living space, it is a comfortably sized home that is actually above the city-wide average, though it sits below the average for its immediate neighbourhood and street. This suggests a potentially more efficient or cozier layout compared to some neighbours.

The lot size of 7,212 sqft is a significant feature, ranking in the top 15% city-wide, offering generous outdoor space that is rare in many parts of the city. While the assessed value is modest relative to city-wide averages, its last recorded sale was in the $400k-$450k range in 2022, indicating a market value that appreciates its practical offerings.

This property would suit a buyer looking for a established home in a mature neighbourhood, who values a larger-than-average city lot for gardening, recreation, or future expansion. It’s a practical choice for those who want space without a sprawling house to maintain, and it may appeal to value-conscious buyers who see potential in a home that is competitively sized against the broader market but sits humbly on its own street.


Frequently Asked Questions

1. How does this home’s size really compare to others?
While the living area is below the average for Montcalm and Thatcher Drive, it is actually larger than the typical Winnipeg home. This indicates a neighbourhood of relatively spacious houses, making this property a more moderate option within that context.

2. What does the lot size ranking mean for me?
Ranking in the top 15% city-wide for land area is a notable advantage. It means you are getting a significantly larger yard than most Winnipeg homeowners, which is a permanent asset offering privacy, space for activities, or landscaping potential that is hard to find.

3. The home was built in 1964. What should I consider?
As a home from the mid-1960s, expect the potential for original building materials and systems. While it has stood the test of time, a thorough inspection is advised to understand the condition of the roof, wiring, plumbing, and insulation, and to budget for any modernizations you may desire.

4. Why is there a difference between the assessed value and the recent sold price?
The assessed value (approximately $48k) is for municipal tax purposes and is not an indicator of market value. The 2022 sale price ($400k-$450k) reflects the actual market value at that time, which is influenced by factors like location, condition, and buyer demand, not captured in the tax assessment.

5. How can I find out the exact past sale prices?
The provided sale price is an estimated range from public data. To obtain the precise historical sale figures, you can use the email request service offered on the listing page. They provide the exact figures manually without using your email for marketing.