123 Thom Avenue W

Radisson, Winnipeg

Property score

55.1

Fair

Overall 55.1 · Smaller but newer than most nearby homes

900 sqft (bottom 16%) · Built in 1974 (13 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 84%Tagalog · 4%

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

Sold Count

495

Median price

355.9k

$/sqft

$339/sqft

Avg build year

1961

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Property score

55.1 is composed by the two sections below.

Property Score

43.1Low
Living Area900 sqft42Low
Year Built197458Fair
Lot Size2,999 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

73.1Good
Household Income82Excellent
Education Level34Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Radisson

How to read: Share of sales in each ~$50k price band for “radisson” (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: #46110862

Community deep dive

$94K

Median household income

$103K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

21%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)593
Labour force participation rate64%
Median age41.6
Avg household size2.6
Unemployment rate10%
Population density2372 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households21%
Couple families with children27%
Median household income (2020)$94K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority14%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
900 sqft
0255075100
Same streetBottom 40%Same areaBottom 16%CitywideBottom 17%
Same street · Thom Avenue W
#71 / 119
Bottom 40% · Avg 968 sqft
Same area · Radisson
#1,119 / 1,335
Bottom 16% · Avg 1,008 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

below average
256k
0255075100
Same streetBottom 18%Same areaBottom 7%CitywideBottom 19%
Same street · Thom Avenue W
#97 / 119
Bottom 18% · Avg 295.8k
Same area · Radisson
#1,237 / 1,335
Bottom 7% · Avg 320.2k
Citywide · Winnipeg
#158,387 / 194,458
Bottom 19% · Avg 390.1k

Year Built

Elite
1974
0255075100
Same streetTop 9%Same areaTop 4%CitywideTop 42%

Lot Size

around average
2,999 sqft
0255075100
Same streetBottom 30%Same areaBottom 7%CitywideBottom 11%

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

123 Thom Avenue W — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 88 m).

Search radius
🌳Parks3
Worship1

Crime & Safety

Radisson · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-89%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 8/2017CA$200k–250k
Sold price

Same street

Bottom 18%

Same area

Bottom 6%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 123 Thom Avenue W, Winnipeg

Property Overview: 123 Thom Avenue W, Winnipeg

Key Characteristics & Appeal

This 900 sqft bungalow, built in 1974, presents a practical and affordable entry point into Winnipeg’s Radisson neighborhood. Its key appeal lies in its relative modernity compared to its immediate surroundings; the home is newer than 96% of similar properties in Radisson and 91% on its own street, suggesting a potentially updated structure or fewer immediate major renovation concerns than older peers.

The assessed value of $256k is notably below averages for the street ($295.8k), neighborhood ($320.2k), and city ($390.1k). This creates a value proposition for cost-conscious buyers, offering a lower property tax base and an accessible purchase price. The lot, at just under 3,000 sqft, is smaller than most in the area but provides manageable outdoor space with less maintenance.

This property would best suit first-time homebuyers, downsizers, or investors seeking a straightforward, no-frills home in an established neighborhood. Its below-average size and value metrics indicate it’s not a luxury offering, but rather a grounded opportunity for those prioritizing function, lower ongoing costs, and a home that is notably newer than many of its neighbors.


Frequently Asked Questions

1. Is the lower assessed value a red flag?
Not necessarily. It primarily reflects that the home is smaller and sits on a smaller lot than area averages. It can be an advantage, indicating a more affordable entry point and lower property taxes.

2. How does the 1974 build year affect the home?
Being built in 1974 means it’s likely past any major issues with original materials (like knob-and-tube wiring) found in much older homes, but key components like the roof, windows, and major systems may be nearing or due for replacement depending on their maintenance history.

3. The home sold in 2017 for between $200k-$250k. What does that mean for today’s price?
That historical price provides a benchmark, but market conditions, interest rates, and any updates made to the property since 2017 will determine its current value. It does suggest a history of being a more affordable option in the area.

4. What are the implications of the smaller lot size?
The lot is smaller than most in Radisson, which means less yard maintenance and potentially less privacy. However, it also likely means a lower purchase price and can be a benefit for those who don’t want extensive outdoor upkeep.

5. How reliable is this sold price and comparison data?
The data is compiled from public sources, not the MLS, and is presented as a reasonable estimate. For fully verified sales history and exact figures, you must request a manual lookup from the site, as industry rules prevent displaying official MLS records here.

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