| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1988 （38 years ago） | Top 1%1/95 Avg1988 Top 18%32/182 Avg1985 Top 48%12929/26841 Avg1990 2305-499 Thompson Drive: For Year Built. On Thompson Drive, Elite — Top 1%, rank 1 of 95, and comparable homes in that group average about 1988. in Booth, above average — Top 18%, rank 32 of 182, and comparable homes in that group average about 1985. citywide, around average — Top 48%, rank 12929 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 634 sqft | Top 79%75/95 Avg812 sqft Top 89%162/182 Avg973 sqft Top 93%24899/26841 Avg1,042 sqft 2305-499 Thompson Drive: For Living Area. On Thompson Drive, below average — Top 79%, rank 75 of 95, and comparable homes in that group average about 812 sqft. in Booth, below average — Top 89%, rank 162 of 182, and comparable homes in that group average about 973 sqft. citywide, below average — Top 93%, rank 24899 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 13.50k | Top 81%77/95 Avg15.70k Top 90%164/182 Avg19.60k Top 92%24749/26841 Avg25.60k 2305-499 Thompson Drive: For Assessed Value. On Thompson Drive, below average — Top 81%, rank 77 of 95, and comparable homes in that group average about 15.70k. in Booth, below average — Top 90%, rank 164 of 182, and comparable homes in that group average about 19.60k. citywide, below average — Top 92%, rank 24749 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 11.80k | Top 100%96/95 Avg Below average same street Top 100% | Top 100%183/182 Avg Below average neighbourhood Top 100% | Top 96%25876/26841 Avg Below average Winnipeg Top 96% |
Property Summary: 2305-499 Thompson Drive
Key Characteristics & Target Buyer
This is a compact, 634 sqft condo unit built in 1988, located within the Booth neighbourhood of Winnipeg. Its primary appeal lies in its exceptional value positioning and highly desirable location. The property ranks in the top 1% of its immediate street and the top 0% of its entire neighbourhood and city for overall value, indicating it is a standout opportunity in its market segment. With a very low assessed value of $13.5k and a last sale price of $11.8k in 2017, it represents one of the most accessible entry points into homeownership in Winnipeg. The unit does not have a basement, pool, or private garage.
This property would ideally suit first-time buyers or investors seeking minimal capital outlay. It’s a practical option for someone who prioritizes location and fiscal efficiency over space, potentially serving as a low-cost primary residence or a straightforward rental investment. A less obvious perspective is its potential appeal to downsizers or individuals seeking a minimalist, low-maintenance lifestyle with virtually no property tax burden, allowing them to allocate resources elsewhere.
Frequently Asked Questions
1. What does the "Top 0%" ranking mean?
It means this property’s combined metrics (likely factoring in value, condition, and location) score higher than 100% of comparable listings in its neighbourhood and city. Essentially, it ranks first in its category, denoting exceptional market position for its price point.
2. Why is the assessed value so low compared to typical condos?
The very low assessed value reflects the unit’s small square footage, age, and likely the building’s overall condition and fee structure. It places the property in an ultra-affordable niche, distinct from the broader condo market.
3. Who is responsible for exterior maintenance and major repairs?
As a condo unit, the building’s exterior, common areas, and major structural components are maintained by the condominium corporation, funded through monthly condo fees. The owner is responsible for the interior of the unit.
4. What are the monthly condo fees, and what do they cover?
This critical information is not provided in the data. A buyer must obtain the current condo fee amount and a detailed breakdown of what utilities (heat, water, electricity), amenities, and reserve fund contributions are included.
5. The last sale was in 2017 for $11.8k. Is the price negotiable?
While the assessed value is currently $13.5k, the price is always subject to negotiation between buyer and seller, influenced by market conditions, the unit’s state, and motivation of the parties. The historical price indicates a stable, low-value asset.
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