Property Overview: 82 Thatcher Drive
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1961, stands out for its generous scale and established setting. Its primary appeal lies in its significant living space—at 2,875 sqft, it ranks in the top 5% of homes on its street and top 2% in the Agassiz neighbourhood for size. This suggests a layout offering ample room for family living, distinct zones, or potential for multi-generational arrangements. The home sits on a large 6,597 sqft lot, and the basement has been renovated, adding modernized living or recreational space.
The property’s value history shows notable growth, with a sale price of $640k in mid-2022, substantially higher than its previous sale and current assessed value. This indicates a home that has seen investment and market recognition. It would best suit buyers looking for a spacious, character home in a mature neighbourhood, who value room over a brand-new build and may see potential in the value differential between its last sale price and its assessment. It’s a practical choice for those needing space for a home office, hobbies, or a large family, and who appreciate the stability of an area where many neighbours have also invested in their properties over the long term.
Section 2: Frequently Asked Questions
1. How does the 2022 sale price compare to the current assessed value?
The home sold for $640,000 in June 2022, while its current assessed value is $54,500. It’s important to understand that municipal assessments in Manitoba are for tax purposes and often lag behind market value, which is determined by recent sales, condition, and upgrades. The 2022 price is a more current market indicator.
2. What does the "ranking" data for the street and neighbourhood mean?
The rankings compare this specific property metric (like living area or assessed value) against all other homes on its street, in Agassiz, and across Winnipeg. For example, ranking in the top 5% for living area on Thatcher Drive means it is one of the largest homes on the block.
3. Is the lack of a garage a significant drawback?
While the property has no garage, the large lot (over 6,500 sqft) may offer space for a future structure or a sizable driveway. This is a common feature in older neighbourhoods and is reflected in the home’s pricing and appeal to buyers prioritizing interior and yard space over enclosed vehicle storage.
4. The home is 65 years old. What should I consider?
A home of this age will have character and established landscaping, but a thorough inspection is crucial. Focus on the condition of major systems (roof, plumbing, electrical, foundation) and the quality of the basement renovation to ensure it was permitted and completed to standard.
5. How does this home compare to nearby properties?
The provided comparables show that 82 Thatcher Drive has significantly more living space than most nearby homes in Agassiz and adjacent neighbourhoods, even those with similar assessed values. Its size is a key differentiator, making it a unique offering in its price and assessment bracket.