127 Thatcher Drive

Montcalm, Winnipeg

Property score

70.4

Good

Overall 70.4 · Compared with neighbourhood average

1,553 sqft (bottom 38%) · Built in 1964 (5 yrs older than avg)

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

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 2 fuel stations nearby

Living Area

Below average

11% 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

70.4 is composed by the two sections below.

Property Score

74.7Good
Living Area79
1,553 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

above average
1,553 sqft
0255075100
Same streetBottom 48%Same areaBottom 38%CitywideTop 28%
Same street · Thatcher Drive
#43 / 83
Bottom 48% · Avg 1,707 sqft
Same area · Montcalm
#23 / 37
Bottom 38% · Avg 1,742 sqft
Citywide · Winnipeg
#53,767 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
437k
0255075100
Same streetBottom 23%Same areaBottom 16%CitywideTop 31%
Same street · Thatcher Drive
#64 / 83
Bottom 23% · Avg 487.5k
Same area · Montcalm
#31 / 37
Bottom 16% · Avg 505.9k
Citywide · Winnipeg
#59,661 / 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
7,212 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

127 Thatcher Drive — 13 amenities found within 500 m, across 5 categories, including 7 dining (nearest 248 m), 1 education (nearest 342 m), 2 healthcare (nearest 285 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 12/2020CA$350k–400k
Sold price

Same street

Bottom 22%

Same area

Bottom 12%

City-wide

Top 39%

Related homes

Highlights & common questions: 127 Thatcher Drive, Winnipeg

Property Overview & Appeal

127 Thatcher Drive is a well-established home in Winnipeg's Montcalm neighbourhood, built in 1964. Its key characteristics present a balanced profile with some notable strengths. The 1,553 sqft living space is comfortably above the city-wide average, offering more interior room than many Winnipeg homes. It sits on a 7,212 sqft lot, which is substantially larger than the typical city lot, providing valuable outdoor space. The home’s assessed value is positioned below average for its immediate street and area, but aligns more closely with the broader city average.

The appeal lies in this combination of generous lot size and functional living space, a pairing that can be harder to find in newer developments. It suits practical buyers looking for a solid, no-frills foundation—perhaps first-time homeowners willing to put in gradual updates, or investors seeking a property with land value in a mature neighbourhood. A thoughtful perspective is that while the home may be modest relative to its immediate neighbours, its larger lot and above-average city-wide living space offer inherent value and potential that isn't immediately apparent from street-level comparisons alone.


Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value is for municipal tax purposes. The home last sold between $350k-$400k in 2020, which is a more relevant benchmark, though market conditions have changed since then.

2. How does the lot size compare to typical properties?
The lot is a significant feature. At over 7,200 sqft, it ranks in the top 15% city-wide for size, meaning it offers more private outdoor space than most homes in Winnipeg.

3. The home is older. What should I consider?
Built in 1964, major components like the roof, windows, plumbing, and electrical systems may be at or beyond their typical lifespan. A thorough inspection is essential to budget for any necessary updates or repairs.

4. Why is the assessed value lower than many neighbours on the same street?
This can be due to several factors, including differences in home size, condition, upgrades, or specific lot attributes. It suggests this property may be more modestly finished or configured than some others on Thatcher Drive.

5. How can I find out the exact historical sale prices?
The provider offers a manual service to share exact sold price data. You can submit your email request directly on the listing page for this information.