367 Templeton Avenue

Margaret Park, Winnipeg

60.3

Fair

Overall 60.3

Larger and newer than most nearby homes

1,170 sqft (top 26%)

Built in 1970 (7 yrs newer than avg)

Located in a above-average income area

with median household income of ~83k

Transit 94.0

1-min walk to transit with 4 nearby routes

Within 500m: 1 school, 6 parks, and 1 sports facility nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 6%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

60.3 is composed by the two sections below.

Property Score

52.0Fair
Living Area1,170 sqft60Fair
Year Built197052Fair
Lot Size2,925 sqft28Low
Neighbourhood Sales Activity28Low

Community Score

72.7Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110765

Community deep dive

$83K

Median household income

$88K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)397
Labour force participation rate60%
Median age38.0
Avg household size2.8
Unemployment rate13%
Population density1654 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households20%
Couple families with children24%
Median household income (2020)$83K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority29%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,170 sqft
0255075100
Same streetBottom 37%Same areaTop 26%CitywideBottom 47%
Same street · Templeton Avenue
#142 / 226
Bottom 37% · Avg 1,396 sqft
Same area · Margaret Park
#176 / 676
Top 26% · Avg 1,047 sqft
Citywide · Winnipeg
#103,011 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

below average
231k
0255075100
Same streetBottom 4%Same areaBottom 13%CitywideBottom 13%
Same street · Templeton Avenue
#218 / 226
Bottom 4% · Avg 403.2k
Same area · Margaret Park
#590 / 676
Bottom 13% · Avg 304.6k
Citywide · Winnipeg
#168,671 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetBottom 30%Same areaTop 22%CitywideTop 48%

Lot Size

below average
2,925 sqft
0255075100
Same streetBottom 2%Same areaBottom 5%CitywideBottom 9%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

367 Templeton Avenue — 8 amenities found within 500 m, across 3 categories, including 1 education (nearest 177 m), 6 parks (nearest 190 m).

Search radius
🏫Education1
🌳Parks6
💪Sports1

Crime & Safety

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%

Sales History

Sold 1/2021CA$200k–250k
Sold price

Same street

Bottom 3%

Same area

Bottom 25%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 367 Templeton Avenue, Winnipeg

Property Overview: 367 Templeton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on affordability and location within Winnipeg's Margaret Park neighborhood. Its key characteristic is a notably low municipal assessed value, which ranks in the bottom 15% for the area and city. This suggests a potentially lower property tax burden and an accessible entry point into the market.

The appeal lies in its practicality. With 1,170 sqft of living space, it offers functional room count in a neighborhood where similarly sized homes are common. Built in 1970, it is relatively newer than many homes in Margaret Park, potentially meaning fewer immediate concerns with aging infrastructure compared to older stock.

This property would best suit a specific type of buyer: first-time purchasers or investors prioritizing a low upfront cost and lower ongoing taxes over lot size or modern finishes. It’s a pragmatic choice for those who see potential in a home that may require updates, viewing the below-average lot size (2,925 sqft) as a trade-off for manageable maintenance and a focus on the interior living space. The historical sale price range (CA$200k–250k in 2021) aligns with this value-focused profile.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the area average?
A significantly lower assessment can be due to several factors, including the home's smaller lot size, specific condition, layout, or features that the city assessor has valued differently than comparable properties. It typically indicates a lower property tax bill.

2. What does the "below average" lot size mean for me?
The lot is approximately half the size of the average lot in Margaret Park. This means less yard for gardening or recreation, but also significantly less maintenance, lower landscaping costs, and a more efficient use of outdoor space.

3. The home is newer than many in the area. Is that an advantage?
A 1970 build date is above average for this neighborhood, where many homes are older. This can be an advantage, potentially indicating updated electrical systems, plumbing, or insulation compared to pre-1960s constructions, though a full inspection is always recommended.

4. How reliable are the sold price ranges shown?
The provided ranges are based on public data, which sometimes only shows approximate sale figures. For precise historical sale prices to inform your offer, you must request the exact data via the provided email service.

5. Who would this property not be ideal for?
It may not suit buyers looking for a large yard, extensive outdoor space, or a move-in-ready home with modern valuations and finishes. It’s best for those comfortable with a value-oriented project or a straightforward, no-frills home base.

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