Property Summary: 358 Thompson Drive
Key Characteristics, Appeal & Ideal Buyer
This is a well-maintained, one-storey home built in 1976, situated on a notably large lot of over 8,400 square feet in Winnipeg's Booth neighbourhood. Its key updated feature is a renovated basement, adding valuable finished living space to the 1,150 sqft main floor. The home lacks a garage or pool, positioning it as a practical, low-maintenance property.
The primary appeal lies in its land value and established location. The lot size is significantly above average for its street and neighbourhood, offering ample outdoor space and future potential in a mature community. Recent sale data (October 2024, $41.70k) suggests a strong and active local market. This home would suit first-time buyers, downsizers, or practical investors seeking a solid entry into homeownership with a focus on land size over a large interior. It’s for those who value space to garden, expand, or simply enjoy a larger yard, and who are comfortable with a character home that has seen careful updates like the basement renovation.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 42% in same street") actually mean?
This data compares specific features of 358 Thompson Drive against similar properties. For example, its land area is larger than 42% of lots on Thompson Drive, meaning it's in the top half for size on its own street—a notable advantage.
2. The details mention both a 1976 and a 1961 build year. Which is correct?
The main listing specifies 1976. The 1961 year appears in a brief comparison for a nearby property at 350 Thompson Drive and is not applicable to this home.
3. There's no garage. How is parking handled?
The listing confirms there is no garage. Buyers should anticipate driveway or on-street parking and can inquire about the specific parking setup for the property.
4. The assessed value is listed at $36.20k, but it sold for $41.70k in 2024. Why the difference?
Municipal assessed values for tax purposes often lag behind current market values. The recent sale price is a more accurate reflection of the home's worth in today's market.
5. What is the neighbourhood like?
Booth is a mature Winnipeg neighbourhood. The data shows the property ranks highly (top 23%) for lot size within Booth, indicating it's in a desirable subsection with larger properties, but it's wise to visit and experience the area firsthand.