387 Templeton Avenue

Margaret Park, Winnipeg

64.4

Fair

Overall 64.4

Compared with neighbourhood average

1,120 sqft (top 36%)

Built in 1966 (3 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

Near average

7% larger than neighborhood avg.

Year Built

Near average

3 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

64.4 is composed by the two sections below.

Property Score

58.9Fair
Living Area1,120 sqft60Fair
Year Built196652Fair
Lot Size5,646 sqft74Good
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

around average
1,120 sqft
0255075100
Same streetBottom 31%Same areaTop 36%CitywideBottom 42%
Same street · Templeton Avenue
#155 / 226
Bottom 31% · Avg 1,396 sqft
Same area · Margaret Park
#242 / 676
Top 36% · Avg 1,047 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
297k
0255075100
Same streetBottom 15%Same areaBottom 37%CitywideBottom 28%
Same street · Templeton Avenue
#193 / 226
Bottom 15% · Avg 403.2k
Same area · Margaret Park
#429 / 676
Bottom 37% · Avg 304.6k
Citywide · Winnipeg
#139,258 / 194,458
Bottom 28% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetBottom 24%Same areaTop 46%CitywideBottom 48%

Lot Size

above average
5,646 sqft
0255075100
Same streetTop 35%Same areaTop 29%CitywideTop 40%

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

387 Templeton Avenue — 8 amenities found within 500 m, across 3 categories, including 1 education (nearest 164 m), 6 parks (nearest 158 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 387 Templeton Avenue.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 7/2020CA$250k–300k
Sold price

Same street

Bottom 15%

Same area

Bottom 41%

City-wide

Bottom 26%
Sold 8/2016CA$250k–300k
Sold price

Same street

Bottom 17%

Same area

Bottom 48%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 387 Templeton Avenue, Winnipeg

Property Overview: 387 Templeton Avenue, Winnipeg

Key Characteristics & Appeal

This 1,120 sqft bungalow, built in 1966, sits on a notably generous 5,646 sqft lot in Margaret Park. Its primary appeal lies in its land value and established neighbourhood setting. While the home itself is modest in size and assessed value compared to local averages, it offers a solid foundation in a mature area. The lot size is a standout feature, ranking above average for the neighbourhood, which presents potential for outdoor space, gardening, or future expansion.

This property would suit a pragmatic buyer, such as a first-time homeowner comfortable with a home that may require updates, or an investor looking for a land-strong asset in a stable community. Its value proposition is less about immediate luxury and more about securing a footprint in the city with room to grow. A thoughtful perspective is that its "below average" assessed value on its street could indicate an opportunity in a location where neighbouring properties hold higher value, suggesting potential for equity growth through thoughtful improvements.


Frequently Asked Questions

1. Is this a fixer-upper?
Based on its 1966 build date and assessed value that ranks below the street average, the home likely requires some modernization or maintenance. It represents a classic solid structure with the potential to add value through renovations.

2. What makes the lot size significant?
At over 5,600 sqft, the lot is larger than many in the immediate area. This provides more private outdoor space than typical and could be a long-term asset for additions, a larger garage, or simply more yard.

3. How stable is the property's value?
Sales history shows it sold in the $250k-$300k range in both 2016 and 2020, indicating a period of relative price stability in its market segment, even through broader market shifts.

4. What is the neighbourhood like?
Margaret Park is an established, no-frills residential area. The data shows homes here are generally of a similar vintage and scale, suggesting a consistent, quiet streetscape without extreme disparities between properties.

5. How can I get the exact past sale prices?
The listed sale prices are estimated ranges from public data. You can request the precise historical sale figures by emailing the site directly; they provide this verified information manually without using your contact for spam.

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