Property Overview
384 Templeton Avenue is a well-situated home in Winnipeg’s Margaret Park neighbourhood. Built in 1965, it offers 1,096 sqft of living space on a generous 5,351 sqft lot, with a current assessed value of $340,000.
Key Characteristics & Appeal
This property presents a solid, grounded opportunity in a mature neighbourhood. Its primary appeal lies in its balance: the lot size is notably spacious for the area, offering room for gardening, play, or expansion, while the home itself is a manageable size for easy upkeep. The assessed value is above average for Margaret Park, suggesting the property is viewed favourably within its immediate community compared to peers.
It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize land size over a large interior footprint. It’s ideal for someone comfortable with a home from the 1960s who sees potential in a good location and a sizable yard, rather than someone seeking a modern, turn-key property. A thoughtful perspective is that while the living area is below average for its specific street, the above-average standing in the wider neighbourhood hints at a location within Margaret Park that holds its value well.
Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,096 sqft, the living area is somewhat smaller than the average home on Templeton Avenue. However, the lot size of over 5,300 sqft is larger than many in the immediate area and the broader neighbourhood, which is a significant positive.
2. What does the assessed value tell us?
The $340,000 assessment is above the average for the Margaret Park neighbourhood, indicating it is likely a well-regarded property within that community. City-wide, it sits around the average assessed value.
3. When was it last sold and for how much?
Records indicate a sale between 2022 and 2025, with a public price range of $400,000 to $450,000. The exact sale price is available upon request from the listing service.
4. What are the implications of the 1965 build date?
The home is older than most on its street. Buyers should budget for updates consistent with a home of this age, but it also means the property is situated in a long-established area with mature landscaping.
5. Who would this home be best for?
It’s a strong match for buyers who value a larger lot in a stable neighbourhood and are willing to work with a modestly sized, older home. It’s less suited for those seeking a new build or maximum interior square footage.