392 Templeton Avenue

Margaret Park, Winnipeg

61.3

Fair

Overall 61.3

Compared with neighbourhood average

1,040 sqft (bottom 47%)

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

1% smaller 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

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Property score

61.3 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,040 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
1,040 sqft
0255075100
Same streetBottom 23%Same areaBottom 47%CitywideBottom 32%
Same street · Templeton Avenue
#175 / 226
Bottom 23% · Avg 1,396 sqft
Same area · Margaret Park
#358 / 676
Bottom 47% · Avg 1,047 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
328k
0255075100
Same streetBottom 32%Same areaTop 39%CitywideBottom 38%
Same street · Templeton Avenue
#153 / 226
Bottom 32% · Avg 403.2k
Same area · Margaret Park
#261 / 676
Top 39% · Avg 304.6k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · 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

392 Templeton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 114 m), 6 parks (nearest 161 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

392 Templeton Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 392 Templeton Avenue, Winnipeg

Property Overview: 392 Templeton Avenue, Winnipeg

Key Characteristics & Appeal

This 1,040 sqft bungalow on a spacious 5,351 sqft lot in Margaret Park presents a straightforward, grounded opportunity. Built in 1965, it is notably older than many homes on its street, which may appeal to buyers interested in the classic character and solid construction of that era, with the understanding that updates may be part of their plan.

Its primary appeal lies in its balance and context. The home's living area and assessed value ($328k) sit comfortably around the averages for both the wider neighborhood and the city, suggesting it is a typical, fairly priced offering for Winnipeg. However, a thoughtful perspective reveals its position on Templeton Avenue itself: here, the home is slightly smaller and has a lower assessed value than the street average. This could represent a relative value entry point onto a street of generally higher-value homes, offering potential for equity growth as improvements are made.

The property would suit a first-time buyer or practical investor looking for a manageable-sized home with a generous lot in a stable neighborhood. It’s for someone who values space outdoors over a large interior footprint and is comfortable with a home that may require modernization over time.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
The provided data does not include a direct sales history for this property. For fully verified figures and a complete transaction history, you can request a manual lookup via email from the listing source.

2. Is the living space considered small?
At 1,040 sqft, it is slightly below the average for Templeton Avenue but is very close to the typical size for the broader Margaret Park neighborhood. It offers a efficient layout that may be ideal for smaller households or those wanting less space to maintain.

3. What does the assessed value tell me?
The $328,000 assessment is a municipal valuation for tax purposes. It is a useful benchmark, showing the home is priced within the middle range for the area, but the final market sale price is determined by current buyer demand and the property's condition.

4. The home is older than most on the street. Should I be concerned?
Built in 1965, it is among the older third of homes on Templeton Avenue. This isn't inherently a concern, as many homes from this period are well-built, but it does make a thorough inspection for aging components (like roof, wiring, or plumbing) especially important.

5. What are the advantages of the lot size?
At over 5,300 sqft, the lot is above average for both the street and neighborhood. This provides excellent outdoor space for gardening, recreation, or future expansion, which is a significant asset not always found with homes of this interior size.

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