33.5
Below average
Property score
33.5
Below average
Overall 33.5
Smaller and older than most nearby homes
828 sqft (bottom 22%)
Built in 1923 (40 yrs older than avg)
Located in a below-average income area
with median household income of ~44.4k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, 1 park, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
40 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 9%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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33.5 is composed by the two sections below.
Property Score
Community Score
Margaret Park
How to read: Share of sales in each ~$50k price band for “margaret park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110016
$44K
Median household income
$63K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
58%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
251 Templeton Avenue — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 277 m), 1 parks (nearest 319 m).
Margaret Park · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 19% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 251 Templeton Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 251 Templeton Avenue is defined by its compact efficiency and historic roots. Built in 1923, it is one of the older homes in the Margaret Park neighbourhood, offering classic character. With 828 square feet of living space and a 3,764 sqft lot, its footprint is notably smaller than area averages, positioning it as a more manageable property. The assessed value of $250k is significantly below the citywide average, reflecting its scale and vintage.
The primary appeal lies in its affordability and lower maintenance burden relative to larger homes. It represents a straightforward entry point into homeownership in Winnipeg, particularly for first-time buyers, downsizers, or investors seeking a rental property. The smaller lot and home size translate to less upkeep and lower utility costs. A thoughtful perspective is that this property offers the chance to own a detached home without the overwhelming space or yard work that can come with it, prioritizing location and practicality over square footage. It would suit a pragmatic buyer who values financial accessibility and a simpler footprint over modern size expectations.
Frequently Asked Questions
1. Is the low assessed value a cause for concern?
Not necessarily. The value is consistent with the home’s smaller size and age compared to broader averages. It primarily indicates a more affordable entry point and potentially lower property taxes.
2. What are the implications of the home’s age (built in 1923)?
While offering charm, it warrants a careful inspection. Potential buyers should prioritize a thorough evaluation of foundational, electrical, and plumbing systems to understand any needed updates or maintenance inherent to a century-old home.
3. The living area is quite small. How livable is it?
At 828 sqft, efficient use of space is key. It is well-suited for individuals, couples, or small families comfortable with a cozy layout. It may not accommodate those needing multiple dedicated rooms or ample storage without creative solutions.
4. The lot is also smaller than average. Is that a disadvantage?
This depends on lifestyle. It means less yard maintenance, which can be a significant benefit for those not wanting gardening or landscaping chores. The trade-off is limited space for expansions, large decks, or extensive outdoor recreation.
5. How reliable are the provided sold price ranges?
The listed sold price (e.g., CA$200k–250k in 2017) is based on public data. For precise historical sale figures, you must request the exact price via the provided email service, as the website manually verifies this information from official records.
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