Property Overview & Appeal
This home at 338 Templeton Avenue presents a solid, mid-century property in Winnipeg's Margaret Park neighbourhood. Its key characteristics are those of a well-established, average-sized home on a decent lot. With 1,272 sqft of living space and a 5,559 sqft lot, it sits comfortably around the local averages for both metrics. Built in 1966, it is older than most on its street but aligns with the typical age of homes across the city. The assessed value is similarly positioned in the middle range for the area.
The appeal lies in its stability and neighbourhood context. It’s not an outlier in any category, which can be a positive for buyers seeking a predictable, established community without extreme premiums or compromises. The lot size is a subtle advantage, offering a bit more outdoor space than many nearby properties. It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a manageable property in a mature neighbourhood over a newer build or extensive renovations. It’s a home that represents the character of its area without standing out, for better or worse.
Frequently Asked Questions
How does this home compare to others in Margaret Park?
The home is above average in living space for the Margaret Park area specifically, ranking in the top 13%. Its lot size and assessed value are generally around the neighbourhood average.
Is the home newer or older than surrounding properties?
At 60 years old (built in 1966), this home is notably older than the average house on Templeton Avenue, but it is very typical when compared to the wider city of Winnipeg.
What can the sold price history tell me?
Public records indicate it last sold between $300k–$350k in 2022. For the exact historical sold price, you can request the information directly via email from the listing service.
What is the potential for expansion or renovation?
The lot is larger than many in the immediate vicinity, which could provide more flexibility for additions, a garage, or landscaping projects compared to tighter lots, subject to local zoning.
How stable is the property value here?
The assessed value is consistently around the median when compared at the street, neighbourhood, and city-wide levels. This suggests a stable, established value profile rather than one that is rapidly appreciating or declining.