399 Templeton Avenue

Margaret Park, Winnipeg

Property score

57.9

Fair

Overall 57.9 · Smaller than most nearby homes

980 sqft (bottom 28%) · Built in 1966 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~83k

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

Below average

6% smaller 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

57.9 is composed by the two sections below.

Property Score

48.1Low
Living Area980 sqft42Low
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

below average
980 sqft
0255075100
Same streetBottom 11%Same areaBottom 28%CitywideBottom 24%
Same street · Templeton Avenue
#202 / 226
Bottom 11% · Avg 1,396 sqft
Same area · Margaret Park
#484 / 676
Bottom 28% · Avg 1,047 sqft
Citywide · Winnipeg
#147,753 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
337k
0255075100
Same streetBottom 37%Same areaTop 30%CitywideBottom 42%
Same street · Templeton Avenue
#142 / 226
Bottom 37% · Avg 403.2k
Same area · Margaret Park
#200 / 676
Top 30% · Avg 304.6k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · 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

399 Templeton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 173 m), 6 parks (nearest 111 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 12/2021CA$350k–400k
Sold price

Same street

Top 45%

Same area

Top 15%

City-wide

Top 41%

Related homes

Highlights & common questions: 399 Templeton Avenue, Winnipeg

Property Summary: 399 Templeton Avenue, Winnipeg

Key Characteristics & Appeal

This 980 sqft bungalow, built in 1966, sits on a notably generous 5,646 sqft lot in Margaret Park. Its primary appeal lies in the land itself—the lot size ranks well above average for both the immediate neighbourhood and the wider city, offering significant outdoor space and future potential in a mature area. The home’s assessed value is relatively strong for Margaret Park, ranking in the top 30% of the area, which suggests the property is viewed favorably within its local market context.

However, the living space is compact, ranking below average for the street and neighbourhood. This creates a clear profile: a property where the value is anchored in the land rather than the current structure. It would suit a practical buyer looking for a solid footprint in a well-established community, who is either comfortable with a smaller home or sees the opportunity for expansion or redevelopment over time. It’s a property for those who prioritize lot size and location over immediate move-in size, appealing to long-term planners, downsizers seeking outdoor space, or investors considering the land’s underlying value.

Frequently Asked Questions

1. Is the house in need of major updates?
Given its 1966 build date, buyers should budget for updates. Systems like roofing, plumbing, and windows may be nearing or past their typical lifespan, and interior finishes are likely dated. A thorough inspection is essential.

2. How does the assessed value relate to the likely selling price?
The assessed value of $33.7k is for taxation purposes and is not a market valuation. The 2021 sale price was in the $350k-$400k range, which is a more relevant benchmark, though market conditions have changed since then.

3. What are the possibilities for expanding or rebuilding?
The large lot is the key feature here. It provides ample room for additions, a garage, or even future redevelopment, subject to local zoning bylaws and permits. This is a major factor for buyers valuing long-term potential.

4. How does this property rank compared to its direct neighbours?
The data shows a mix: it has a larger-than-average lot but a smaller-than-average living area for Templeton Avenue. This indicates it might be one of the more modestly sized homes on a street with larger houses, which can influence character and future values.

5. Can I get the exact historical sale prices?
The public data shows price ranges. The listing service offers to provide the exact sale prices via a manual email request, which they promise to fulfill without using your email for marketing spam.

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