403 Templeton Avenue

Margaret Park, Winnipeg

Property score

60.9

Fair

Overall 60.9 · Compared with neighbourhood average

1,012 sqft (bottom 34%) · Built in 1966 (3 yrs newer than avg)

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

Transit 86.0 · 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

3% 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

60.9 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,012 sqft52Fair
Year Built196652Fair
Lot Size5,082 sqft67Good
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
1,012 sqft
0255075100
Same streetBottom 15%Same areaBottom 34%CitywideBottom 27%
Same street · Templeton Avenue
#191 / 226
Bottom 15% · Avg 1,396 sqft
Same area · Margaret Park
#447 / 676
Bottom 34% · Avg 1,047 sqft
Citywide · Winnipeg
#141,321 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
320k
0255075100
Same streetBottom 28%Same areaTop 47%CitywideBottom 36%
Same street · Templeton Avenue
#163 / 226
Bottom 28% · Avg 403.2k
Same area · Margaret Park
#318 / 676
Top 47% · Avg 304.6k
Citywide · Winnipeg
#125,394 / 194,458
Bottom 36% · Avg 390.1k

Year Built

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

Lot Size

around average
5,082 sqft
0255075100
Same streetTop 45%Same areaTop 47%CitywideBottom 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

403 Templeton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 178 m), 6 parks (nearest 97 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 10/2023CA$300k–350k
Sold price

Same street

Bottom 40%

Same area

Top 24%

City-wide

Top 49%
Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 34%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 403 Templeton Avenue, Winnipeg

Property Overview: 403 Templeton Avenue, Winnipeg

Key Characteristics & Appeal

This home at 403 Templeton Avenue is a practical, mid-century bungalow built in 1966, situated in the Margaret Park neighbourhood. With 1,012 square feet of living space and a 5,082 square foot lot, it presents a manageable footprint. The data suggests it is a solidly average property within its local context, not standing out as exceptionally large or modern, but also not at the bottom of the market. Its assessed value of $320k aligns with this middle-ground positioning.

The primary appeal lies in its established location and its value as a functional, no-frills home. It last sold in 2023, indicating recent market validation. For buyers, it represents an opportunity to enter a stable neighbourhood without a premium price tag. It would suit first-time homebuyers seeking affordability and a manageable yard, or investors looking for a straightforward rental property. A thoughtful perspective is that its "average" metrics in the area could be a stability advantage, offering less volatility and a clearer, more predictable value proposition compared to properties that rank at extreme highs or lows.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At just over 1,000 sqft, the living area is below the average for Templeton Avenue itself but is closer to the average for the wider Margaret Park area. This indicates it's a more compact option on its specific street.

2. What does the assessed value tell me about the property?
The $320k assessment is below average for its immediate street but around average for both the Margaret Park neighbourhood and the city overall. This often reflects the home's older age and smaller size relative to some neighbours, not necessarily its condition.

3. Has the property value increased?
Based on sold price ranges, the home likely appreciated between its 2017 sale (estimated $250k-$300k) and its 2023 sale ($300k-$350k). For the exact sale prices to understand the precise gain, you need to request the data directly from the listing service.

4. What are the less obvious considerations of an older home like this?
Built in 1966, major components like the roof, windows, furnace, or plumbing may be at or beyond their typical lifespan. Budgeting for updates is a key part of evaluating the true cost. Conversely, homes from this era often feature larger lot sizes than newer constructions.

5. Who would this property not suit as well?
Buyers looking for a move-in-ready modern home with open-concept layouts or who prioritize being in the top tier of their street in terms of size and value may find this property requires too much compromise or future investment.

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