Property score
81.7
Excellent
Overall 81.7 · Larger than most nearby homes
2,222 sqft (top 19%) · Built in 1964 (5 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 59%Chinese · 13%
Past 10 years Montcalm sales snapshot (~80% of all data)
17
470k
$281/sqft
1969
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81.7 is composed by the two sections below.
Property Score
Community Score
Montcalm
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.
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: #46110985
$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
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
138 Thatcher Drive — 15 amenities found within 500 m, across 6 categories, including 7 dining (nearest 241 m), 1 education (nearest 406 m), 2 healthcare (nearest 314 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 29% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 138 Thatcher Drive, Winnipeg
Key Characteristics & Appeal
This home on Thatcher Drive in Montcalm presents a compelling case based on its above-average space and land size. The 2,222 sqft living area is notably larger than typical homes in Winnipeg, ranking in the top 6% city-wide. Its most distinctive feature is the 8,634 sqft lot, which is in the elite top 5% on its own street, offering rare outdoor space and potential in a mature neighbourhood.
The appeal lies in this combination of generous interior space on a substantial, private lot—a profile that is increasingly uncommon. The home, built in 1964, is of a vintage where thoughtful updates can significantly enhance comfort and value. The assessed value ranks consistently above average across all comparisons, suggesting a solid foundation of perceived worth.
This property would suit buyers prioritizing room to grow, garden, or entertain outdoors over a brand-new build. It’s ideal for those who see value in a home’s underlying assets—lot size and square footage—and are prepared for a home of this era, whether that means appreciating its original character or planning strategic renovations. It’s less suited for those seeking a move-in-ready modern home or a low-maintenance yard.
Frequently Asked Questions
1. How does the sold price from 2022 relate to the current assessed value?
The home sold for an estimated $500k-$550k in 2022. Its current assessed value is significantly lower, which is typical as municipal assessments for tax purposes often lag behind market sale prices and are calculated using a different methodology.
2. What does the "Elite" ranking for land area actually mean?
It means this property’s lot size is larger than 95% of the 83 comparable properties on Thatcher Drive. In practical terms, you have more private outdoor space than most of your immediate neighbours, which can mean greater privacy, gardening potential, or room for additions like a deck or shed.
3. Is a 1964-built home a concern?
The year built is around the neighbourhood and city average. Homes from this era often have solid construction but may require updates to major systems like plumbing, electrical, or windows. A thorough inspection is essential to understand the condition and any needed investments.
4. The living area is large, but how is the layout?
The provided data confirms the square footage but doesn’t detail the floor plan. With a home from the 1960s, the room flow and compartmentalization may differ from modern open-concept designs. Viewing the property is key to determining if the layout suits your lifestyle.
5. Why is the assessed value comparison average so much lower city-wide?
The city-wide "comparable homes" group includes a vast range of properties, likely many smaller or condominium-style homes. The $390k average for that broad group highlights that this home, with its above-average size and lot, stands out from the typical Winnipeg property.
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