Property Summary: 40 Thatcher Drive, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1961 on a generous 6,596 sqft lot in the Agassiz neighbourhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its balance of space and established location. The lot size is notably above average for its street and neighbourhood, offering ample outdoor potential. With a living area of 1,234 sqft, the interior space is also comfortably sized compared to nearby homes.
This property would suit a first-time buyer or downsizer looking for a manageable single-level layout in a mature area, or an investor attracted by the value-add of an already renovated basement. Its strong lot size ranking suggests it may also appeal to those prioritizing outdoor space or future expansion potential over a newer build. The data indicates a stable assessment history, pointing to a settled, value-conscious street.
Frequently Asked Questions
1. How does the lot size compare practically?
At nearly 6,600 sqft, the lot is significantly larger than many in the immediate area (top 25% on the street). This means more private yard space, gardening potential, and distance from neighbours than is typical for the block.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and whether it includes added bedrooms, a legal suite, or simply finished living space.
3. The home is 65 years old. What should I consider?
While the basement has been updated, the core structure and major systems (like plumbing, electrical, and the roof) are of an age where proactive maintenance or future replacement should be factored into planning and offers.
4. How is the property's value trend indicated?
The assessed value has remained stable relative to the city, and the 2016 sale price was consistent with area norms at the time. The data does not show dramatic swings, suggesting a historically steady market value in this location.
5. What is the neighbourhood feel like?
Being on a street with homes largely from the same era, the area likely has a consistent, established character. The tight grouping of similar assessed values on nearby streets suggests a neighbourhood of comparable, modestly valued properties.