Property Overview: 342 Templeton Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, established home in Winnipeg's Margaret Park neighbourhood. Built in 1966, its 1,120 sqft living space and 5,245 sqft lot are both squarely average for the local area, presenting a straightforward, manageable footprint. The home’s primary financial appeal lies in its below-average assessed value relative to its own street and the wider city, suggesting a potentially accessible entry point into the market. Recent sales data indicates stable value in the $300k–$350k range over the past few years.
Its appeal is one of practicality and opportunity. It suits first-time buyers seeking a home with baseline space without a premium price tag, or investors looking for a rental property with a stable history in a mature neighbourhood. A thoughtful perspective is that while the home isn't standout in any single metric, its consistency across most measures—coupled with a lower assessment—could represent a "blank canvas" property. It offers the chance to add value through updates without the pressure of overpaying for an already-maximized lot or structure. It’s a home for those who see potential in steadiness.
Frequently Asked Questions
1. What does the "below average" assessed value actually mean?
It means the city's tax assessment for this home is lower than most comparable properties on its street and in Winnipeg. This can indicate a lower starting point for property taxes, but it often reflects the home's age and condition rather than its market sale price.
2. How does the sold price history affect its current value?
The home sold twice between 2022 and 2024 within the same $300k–$350k range. This price stability suggests a well-established market value for the property in its current state, providing a clear benchmark for buyers.
3. Is the 1966 build date a concern?
While older than many homes on its street, it is average for the wider city. A home of this age will likely require attention to major aging components like the roof, windows, and mechanical systems, so a thorough inspection is essential.
4. Who are the typical neighbours?
The direct neighbours on Templeton Avenue are homes of very similar size and lot dimensions, creating a uniform streetscape. The similar assessed values of listed comparable homes across different neighbourhoods suggest this property attracts buyers with a consistent budget.
5. How can I get the exact past sale prices?
The precise sale prices are not publicly listed. You can request them directly via the provided email service on the listing page, which manually supplies this non-public data.