388 Templeton Avenue

Margaret Park, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Compared with neighbourhood average

1,091 sqft (top 44%) · Built in 1965 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 6 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Below average

2 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 15%

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

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

61.3 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,091 sqft52Fair
Year Built196546Low
Lot Size5,351 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

75.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health60Fair

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: #46110766

Community deep dive

$73K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate58%
Median age42.8
Avg household size2.4
Unemployment rate6%
Population density3105 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children24%
Median household income (2020)$73K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

around average
1,091 sqft
0255075100
Same streetBottom 27%Same areaTop 44%CitywideBottom 39%
Same street · Templeton Avenue
#164 / 226
Bottom 27% · Avg 1,396 sqft
Same area · Margaret Park
#300 / 676
Top 44% · Avg 1,047 sqft
Citywide · Winnipeg
#119,347 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
325k
0255075100
Same streetBottom 31%Same areaTop 43%CitywideBottom 37%
Same street · Templeton Avenue
#156 / 226
Bottom 31% · Avg 403.2k
Same area · Margaret Park
#291 / 676
Top 43% · Avg 304.6k
Citywide · Winnipeg
#122,076 / 194,458
Bottom 37% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 16%Same areaBottom 37%CitywideBottom 47%

Lot Size

around average
5,351 sqft
0255075100
Same streetTop 39%Same areaTop 42%CitywideTop 47%

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

388 Templeton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 111 m), 6 parks (nearest 174 m).

Search radius
🏫Education1
🌳Parks6
💪Sports1
Worship1

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 8/2021CA$350k–400k
Sold price

Same street

Top 49%

Same area

Top 20%

City-wide

Top 45%

Related homes

Highlights & common questions: 388 Templeton Avenue, Winnipeg

Property Overview: 388 Templeton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 388 Templeton Avenue in Margaret Park presents as a grounded, no-fuss property that appeals through its practicality and established neighbourhood setting. Built in 1965, it sits on a slightly larger-than-average lot for the immediate area, offering a good balance of indoor and outdoor space. With 1,091 sqft of living area, it is a moderately sized home that ranks as somewhat smaller than others on its street but aligns closely with the average for both the wider neighbourhood and the city overall. Its assessed value follows a similar pattern—positioned around the middle of the pack locally, which suggests a stable, unexceptional valuation in line with community norms.

The primary appeal lies in its role as a straightforward, entry-level single-family home in a mature area. It suits first-time buyers seeking a manageable footprint without a premium lot premium, or practical investors looking for a stable rental property. A thoughtful perspective is that its "average" metrics across the board can be a strength, indicating a lower risk of overpaying for exaggerated features and representing a honest baseline for the area. The lot size offers subtle potential for expansion or gardening, which is a less obvious perk in a neighbourhood of older homes.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 1,091 sqft, the living area is smaller than the average home on Templeton Avenue but is very close to the average size for both the Margaret Park neighbourhood and the city of Winnipeg as a whole.

2. What is the property's recent sales history?
The home sold once between early 2016 and April 2025, with the sale occurring in 2021 for a publicly listed price range of CA$350,000–$400,000.

3. Is the assessed value typical for the area?
Yes. The assessed value of $32,500 is around the average for Templeton Avenue and is very close to the average for both the Margaret Park neighbourhood and comparable homes citywide.

4. How old is this home, and is that a concern?
The home was built in 1965, making it older than most on its specific street but comparable in age to the average home in both Margaret Park and Winnipeg. As with any home of this age, a thorough inspection is recommended to assess the condition of major systems and structure.

5. How can I find out the exact past sale price?
The exact sale price is not published in the public records displayed here. You can request the precise figure by emailing the listing service via the provided button; they manually provide this detail without using your email for unsolicited marketing.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.