346 Thompson Drive

Booth, Winnipeg

Property score

71.6

Good

Overall 71.6 · Older than most nearby homes

1,227 sqft (bottom 37%) · Built in 1960 (2 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 82.0 · 7-min walk to transit with 5 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 82%Chinese · 2%

Past 10 years Booth sales snapshot (~80% of all data)

Sold Count

358

Median price

427.6k

$/sqft

$303/sqft

Avg build year

1962

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Property score

71.6 is composed by the two sections below.

Property Score

65.9Good
Living Area1,227 sqft66Good
Year Built196043Low
Lot Size8,545 sqft93Excellent
Neighbourhood Sales Activity75Good

Community Score

80.2Excellent
Household Income85Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Booth

How to read: Share of sales in each ~$50k price band for “booth” (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: #46110276

Community deep dive

$102K

Median household income

$95K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

18%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate64%
Median age44.8
Avg household size2.5
Unemployment rate7%
Population density2413 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children27%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,227 sqft
0255075100
Same streetBottom 47%Same areaBottom 37%CitywideTop 48%
Same street · Thompson Drive
#60 / 113
Bottom 47% · Avg 1,311 sqft
Same area · Booth
#639 / 1,011
Bottom 37% · Avg 1,408 sqft
Citywide · Winnipeg
#92,661 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
431k
0255075100
Same streetTop 18%Same areaTop 18%CitywideTop 32%
Same street · Thompson Drive
#20 / 113
Top 18% · Avg 365.6k
Same area · Booth
#181 / 1,011
Top 18% · Avg 371.4k
Citywide · Winnipeg
#61,787 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1960
0255075100
Same streetBottom 43%Same areaBottom 24%CitywideBottom 42%

Lot Size

above average
8,545 sqft
0255075100
Same streetTop 43%Same areaTop 20%CitywideTop 10%

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

346 Thompson Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 82 m), 2 parks (nearest 373 m).

Search radius
🏫Education1
🌳Parks2
Worship2

Crime & Safety

Booth · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

58%

Full crime data for Booth →Winnipeg crime overview →

Sales History

Sold 7/2023CA$450k–500k
Sold price

Same street

Top 11%

Same area

Top 9%

City-wide

Top 18%

Related homes

Highlights & common questions: 346 Thompson Drive, Winnipeg

Property Overview & Appeal

346 Thompson Drive is a well-situated one-storey home in Winnipeg's Booth neighbourhood, built in 1960. Its primary appeal lies in a combination of generous outdoor space and a home that has seen significant updates. The nearly 8,550 sqft lot is notably larger than most in the area, ranking in the top 20% of the neighbourhood, offering rare potential for gardening, expansion, or simply ample private space. The home itself features a renovated basement, adding valuable finished living area to the 1,227 sqft main floor. A detached garage provides additional storage or workshop space.

The property’s strong market performance is a key characteristic; it sold for $480k in July 2023, a price that places it in the top 5% of the neighbourhood historically, suggesting buyers recognized its premium attributes. This home would suit buyers looking for a move-in-ready property with a major renovation already completed (the basement), and who prioritize a large, established lot over having a brand-new build. It’s also a compelling option for those who analyze market trends, as its recent sale price indicates it’s positioned in the higher tier of its immediate area.


Frequently Asked Questions

1. How does the lot size compare to nearby homes?
The 8,545 sqft lot is a standout feature, larger than approximately 80% of properties in the Booth neighbourhood. Neighbouring properties on the same street typically have smaller lots.

2. The home was built in 1960. What should I expect?
While the basement has been renovated, the main structure is from 1960. Prospective buyers should budget for updates to aging core components typical of the era, such as plumbing, electrical, or the roof, even though some systems may have been upgraded over time.

3. Why is there a large difference between the assessed value ($43.1k) and the 2023 sale price ($480k)?
The assessed value is for municipal tax purposes and is not intended to reflect market value. The recent sale price is a far more accurate indicator of the property's current market worth.

4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or quality. It is essential to view the property and ask for details on the finishes, permits, and the work done to understand its condition and value fully.

5. How does this property rank for its age on the street?
Being built in 1960, this home is older than about 76% of other houses on Thompson Drive. This suggests the street has seen newer infill development, so the character of the block may be a mix of original and more recent homes.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.