Property Summary: 57 Thatcher Drive
Key Characteristics & Appeal
This is a well-established, one-storey home in Winnipeg's Agassiz neighbourhood, built in 1961. Its key feature is a renovated basement, adding valuable finished living space to the 1,352 sqft footprint. The property sits on a large, 6,838 sqft lot, offering ample outdoor space that ranks well above average for the street and city. A detached garage provides additional storage or workshop potential.
The appeal lies in its balance of space and location. The home offers a manageable single-level layout combined with the expanded living area of a finished basement, ideal for growing families or those seeking single-storey convenience without feeling cramped. The lot size is a significant asset, presenting opportunities for gardening, recreation, or future expansion. It suits practical buyers looking for a solid, character home in a mature neighbourhood who value interior updates and generous outdoor space over a brand-new build. A thoughtful perspective is that while the home itself is of average size for the area, the combination of the large lot and renovated basement provides a value proposition that isn't immediately apparent in the square footage alone.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. The last recorded sale was in 2017, so current market conditions will be the primary price driver.
2. What does the "rank" data for the street and neighbourhood mean?
This data compares specific metrics of 57 Thatcher Drive against similar properties nearby. For example, its lot size ranks in the top 48% on its street, meaning it's larger than many of its immediate neighbours.
3. Is the renovated basement a legal suite?
The provided details state it is a renovated basement, not a legal suite. Buyers should verify the permits and nature of the renovations with the seller to understand its legal status and compliance.
4. What are the advantages of a detached garage?
A detached garage offers flexibility, potentially reducing noise or smells from entering the main house if used as a workshop. It also presents future possibilities, like modifying the structure without major alterations to the home itself.
5. How does this home compare to the nearby reference properties?
Compared to similar homes in nearby mature neighbourhoods like Waverley Heights and Minnetonka, this property offers a competitively large lot. While some compared homes are newer or have more living area, 57 Thatcher Drive holds its own with its basement renovation and above-average land size.