450 Thompson Drive

Booth, Winnipeg

Property score

77.1

Good

Overall 77.1 · Larger and newer than most nearby homes

1,666 sqft (top 23%) · Built in 1967 (5 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 3 schools, 1 park, and 2 place of worships nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Above average

5 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.1 is composed by the two sections below.

Property Score

75.1Good
Living Area1,666 sqft83Excellent
Year Built196752Fair
Lot Size5,996 sqft74Good
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

above average
1,666 sqft
0255075100
Same streetTop 17%Same areaTop 23%CitywideTop 22%
Same street · Thompson Drive
#19 / 113
Top 17% · Avg 1,311 sqft
Same area · Booth
#230 / 1,011
Top 23% · Avg 1,408 sqft
Citywide · Winnipeg
#43,410 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

Elite
541k
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 14%
Same street · Thompson Drive
#3 / 113
Top 3% · Avg 365.6k
Same area · Booth
#19 / 1,011
Top 2% · Avg 371.4k
Citywide · Winnipeg
#26,855 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 19%Same areaTop 10%CitywideBottom 49%

Lot Size

around average
5,996 sqft
0255075100
Same streetBottom 22%Same areaBottom 25%CitywideTop 33%

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

450 Thompson Drive — 9 amenities found within 500 m, across 4 categories, including 3 dining (nearest 201 m), 3 education (nearest 215 m), 1 parks (nearest 500 m).

Search radius
🍽️Dining3
🏫Education3
🌳Parks1
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 2/2023CA$500k–550k
Sold price

Same street

Top 6%

Same area

Top 3%

City-wide

Top 12%

Related homes

Highlights & common questions: 450 Thompson Drive, Winnipeg

Property Summary: 450 Thompson Drive

Key Characteristics & Appeal

This well-situated two-storey home in Winnipeg's Booth neighbourhood offers a blend of space, established charm, and strong value metrics. Built in 1967, it sits on a generous, nearly 6,000 sqft lot, providing ample outdoor space—a notable asset within its street and wider area. The home itself features a renovated basement and a detached garage.

Its primary appeal lies in its standout rankings for living space and value. With 1,666 sqft, it offers more interior room than over 90% of homes on its street and 80% in Winnipeg, making it a spacious option for its locale. The property's assessed value is remarkably high for the area (top 1% on its street), yet its last sold price in early 2023 was $540k, suggesting a market valuation that significantly exceeds its government assessment—a point of interest for value-conscious buyers. This combination suits growing families or those seeking a established neighbourhood character without compromising on interior size. It’s a property that balances the practicality of a renovated basement and large lot with the statistical appeal of being a top-tier home on its block in terms of space and perceived value.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permitted uses (e.g., legal suite, recreation room), and any updates to plumbing, electrical, or moisture proofing.

2. How significant is the gap between the assessed value and the last sale price?
The 2023 sale at $540k is dramatically higher than the $54.1k assessed value. This is not unusual, as municipal assessments for tax purposes often lag behind market values and use different formulas. The key takeaway is the property's strong market performance relative to its neighbours.

3. Are the lot size and living area competitive for the area?
Yes, notably so. The lot is larger than average for the street, and the living area is in the top 10% locally. This means you're getting more house and more land than most comparable properties nearby.

4. What is the neighbourhood character like?
Located in Booth, the property is near Ness Avenue. The proximity of similar-valued homes on Chalfont, Allbutt, and Apex suggests a consistent, established residential area. The direct neighbours on Thompson Drive are typically close-set, as indicated by the distances provided.

5. What might the "Top 1%" assessed value ranking imply?
This statistic means this home has the highest municipal assessment value on its street. This can sometimes correlate with better upkeep or improvements, but it also means property taxes will likely be among the highest on the block, based on that assessment.

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.