Property Overview: 364 Templeton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 364 Templeton Avenue in Margaret Park presents a balanced offering centered on its generous lot. Built in 1965, the 1,278 sqft house sits on a 6,193 sqft parcel of land, which is notably larger than many lots in the immediate area and citywide. This above-average land size is the property's standout physical feature, offering valuable outdoor space and potential.
Its appeal lies in its position as a solid, middle-of-the-road property in its market. The living space and assessed value are consistently around the average for the street, neighborhood, and city, suggesting a home that is neither over-improved nor under-sized for its context. This makes it a straightforward and predictable option in its price segment. Recent sale history indicates steady market interest.
This property would best suit pragmatic buyers looking for a good land-to-building ratio in a mature neighborhood. It’s a sensible choice for someone who values a larger yard for gardening, children, or future expansion over having a newer or significantly larger home. It’s likely a comfortable fit for first-time homeowners or downsizers seeking a stable investment without the premium price tag of a top-tier renovated home or the project-level demands of a true fixer-upper.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Based on assessed value, this home is very typical for Templeton Avenue and is competitively positioned within the broader Margaret Park neighborhood and Winnipeg overall. Its value proposition is anchored more in its lot size than in the size or newness of the house itself.
2. What does the sale history tell us?
The home sold in 2019 and again in 2021 within the listed price ranges. This recent activity suggests it is a marketable property that aligns well with buyer expectations for the area, without experiencing dramatic price swings.
3. Is the house older than others on the street?
Yes. Built in 1965, it is notably older than the average home on Templeton Avenue. However, it is very close to the average age for the entire city. Buyers should factor in the potential for updates to major aging components like the roof, windows, or mechanical systems.
4. What are the advantages of the larger lot size?
The above-average lot is a key asset. It provides more privacy, space for recreation or gardening, and could offer future potential for additions like a shed, deck, or garage, subject to city bylaws. In a mature neighborhood, larger lots are a finite resource.
5. How can I find out the exact past sale prices?
The precise sale prices are not publicly displayed. You can request this information directly via the email prompt provided on the listing page. The service commits to providing the accurate figures manually, typically by the end of the same business day.