387 Thompson Drive

Booth, Winnipeg

Property score

71.9

Good

Overall 71.9 · Smaller and older than most nearby homes

1,160 sqft (bottom 26%) · Built in 1961 (1 yr older than avg)

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

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 park, and 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 84%Tagalog · 5%

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

71.9 is composed by the two sections below.

Property Score

63.2Fair
Living Area1,160 sqft60Fair
Year Built196146Low
Lot Size9,330 sqft95Excellent
Neighbourhood Sales Activity75Good

Community Score

84.9Excellent
Household Income85Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110275

Community deep dive

$102K

Median household income

$110K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

13%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)287
Labour force participation rate53%
Median age42.4
Avg household size2.7
Unemployment rate0%
Population density2870 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households13%
Couple families with children27%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority25%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

around average
1,160 sqft
0255075100
Same streetBottom 34%Same areaBottom 26%CitywideBottom 46%
Same street · Thompson Drive
#75 / 113
Bottom 34% · Avg 1,311 sqft
Same area · Booth
#753 / 1,011
Bottom 26% · Avg 1,408 sqft
Citywide · Winnipeg
#104,675 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
359k
0255075100
Same streetTop 50%Same areaBottom 43%CitywideBottom 49%
Same street · Thompson Drive
#56 / 113
Top 50% · Avg 365.6k
Same area · Booth
#581 / 1,011
Bottom 43% · Avg 371.4k
Citywide · Winnipeg
#98,457 / 194,458
Bottom 49% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetTop 39%Same areaBottom 28%CitywideBottom 43%

Lot Size

above average
9,330 sqft
0255075100
Same streetTop 30%Same areaTop 12%CitywideTop 8%

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

387 Thompson Drive — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 365 m), 2 education (nearest 182 m), 1 parks (nearest 308 m).

Search radius
🍽️Dining3
🏫Education2
🌳Parks1
Worship1

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

387 Thompson Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 387 Thompson Drive, Winnipeg

Property Summary: 387 Thompson Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in the Booth neighbourhood offers a classic and practical living proposition. Its primary appeal lies in its generous, mature lot—over 9,300 square feet places it in the top tier for size on its street—providing ample outdoor space for gardening, recreation, or future expansion. The home itself features a renovated basement, adding valuable finished living space to the 1,160 sqft main floor, and is complemented by a detached garage.

The property suits buyers seeking a solid, no-fuss home with significant lot potential in an established area. It’s ideal for those who prioritize private outdoor space over a newer build, or for handy individuals who can envision gradually updating the home (built in 1961) while enjoying the benefits of a large yard. The strong rankings for lot size and assessed value within the immediate area suggest a property that holds its ground in the local market, offering a sense of value and stability. A thoughtful perspective is that the large lot not only provides privacy but also represents a tangible asset that is increasingly rare in urban settings, offering flexibility that a newer home on a small lot cannot.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.

2. How does the age of the home (1961) affect maintenance?
While the basement has been updated, prospective buyers should budget for and inspect age-related systems. This includes the roof, original plumbing and wiring, and the foundation. A pre-purchase home inspection is highly recommended.

3. The lot is large, but how is it shaped and oriented?
The total square footage is notable, but the lot's practical use depends on its dimensions and sun exposure. Is it wide and deep, or long and narrow? Is the backyard sunny or shaded? These factors impact gardening and outdoor living.

4. What are the implications of a detached garage?
A detached garage offers flexibility (e.g., for a workshop) and may reduce noise in the house. However, it means a walk outdoors in winter. Consider the condition of the structure and the paved or laneway access to it.

5. The assessed value is listed, but what does that mean for the selling price?
Municipal assessed value ($35,900) is for tax purposes and is typically lower than market value. The selling price will be determined by current market conditions, the home’s updated condition, and the desirability of its large lot. Review recent sales of similar properties in Booth for a realistic price expectation.

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