141 Thatcher Drive

Montcalm, Winnipeg

Property score

64.3

Fair

Overall 64.3 · Smaller than most nearby homes

1,144 sqft (bottom 8%) · Built in 1966 (3 yrs older than avg)

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

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Near average

3 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

64.3 is composed by the two sections below.

Property Score

64.5Fair
Living Area60
1,144 sqftFair
Year Built52
1966Fair
Lot Size88
7,210 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
1,144 sqft
0255075100
Same streetBottom 2%Same areaBottom 8%CitywideBottom 44%
Same street · Thatcher Drive
#81 / 83
Bottom 2% · Avg 1,707 sqft
Same area · Montcalm
#34 / 37
Bottom 8% · Avg 1,742 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
416k
0255075100
Same streetBottom 6%Same areaBottom 8%CitywideTop 35%
Same street · Thatcher Drive
#78 / 83
Bottom 6% · Avg 487.5k
Same area · Montcalm
#34 / 37
Bottom 8% · Avg 505.9k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 16%Same areaTop 32%CitywideBottom 48%

Lot Size

above average
7,210 sqft
0255075100
Same streetTop 40%Same areaBottom 8%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

141 Thatcher Drive — 16 amenities found within 500 m, across 6 categories, including 7 dining (nearest 198 m), 1 education (nearest 391 m), 3 healthcare (nearest 258 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare3
🛒Shopping2
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 6/2017CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 1%

City-wide

Top 50%

Related homes

Highlights & common questions: 141 Thatcher Drive, Winnipeg

Property Overview

141 Thatcher Drive is a 1,144 sqft bungalow built in 1966 on a 7,210 sqft lot in Winnipeg's Montcalm neighbourhood. Its key appeal lies in its generous, above-average city lot size, offering potential for expansion, gardening, or outdoor space that is increasingly rare. The home presents a clear value proposition, with a current assessed value significantly below both its immediate street and area averages. This suggests an opportunity for buyers comfortable with a home that may require updates or personalization. The living space is modest and below average for the specific street, indicating a more compact or efficient layout.

This property would suit a first-time buyer, an investor, or a downsizer looking for a lower entry point into a mature neighbourhood with the advantage of a large yard. It’s a practical choice for those who prioritize land value and future potential over immediate move-in condition or spacious interiors. A thoughtful perspective is that while the home ranks below average on its own street in several metrics, its city-wide lot size ranking is strong, highlighting that its most enduring asset is the land itself.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on municipal evaluation, which considers factors like the home's size, age, and condition. A value notably lower than neighbours often indicates the home may be due for modernization or is assessed with a more conservative view of its current market finishings.

2. Is the smaller living area a concern?
At 1,144 sqft, the living area is compact compared to others on Thatcher Drive. This could mean a simpler layout with fewer rooms or smaller room sizes. For some buyers, this translates to lower utility costs and less maintenance, aligning with a efficient, minimalist lifestyle.

3. What does the large lot size mean for me?
The 7,210 sqft lot is a standout feature, ranking well above the Winnipeg average. This offers valuable outdoor space for recreation, gardening, or future projects like a deck, shed, or even an addition (subject to zoning and permits).

4. The home was last sold in 2017. What does that indicate?
A sale seven years ago suggests the current owners have had a stable tenure. It doesn’t inherently indicate positive or negative issues, but it does mean the home hasn’t been frequently flipped, which some buyers see as a mark of a settled property.

5. How accurate are the "Sold Price" ranges shown?
The provided price ranges are estimates based on available public data. To obtain the exact historical sale price, you must request it directly via the email service mentioned on the listing page. This step ensures accuracy for serious buyers.