Property score
65.0
Good
Overall 65.0 · Larger than most nearby homes
1,157 sqft (top 29%) · 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
Above average
10% 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)
234
400k
$328/sqft
1963
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65.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110765
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
407 Templeton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 185 m), 6 parks (nearest 83 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 38% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 407 Templeton Avenue, Winnipeg
Key Characteristics & Appeal
This 1,157 sqft bungalow, built in 1966, presents a classic Winnipeg home with a standout feature: its generous 6,211 sqft lot. The land size is notably above average for both the immediate street and the broader Margaret Park area, offering valuable outdoor space and potential. While the living area is modest compared to some neighbours, the home’s assessed value is positioned below average on Templeton Avenue, which may indicate an opportunity for value-conscious buyers. Its appeal lies in this combination of a sizable, well-located lot with a home that has a straightforward, functional layout typical of its era. It would suit a first-time buyer looking for a foothold in a stable neighbourhood, a hands-on owner interested in gradual updates, or someone prioritizing yard space over a larger interior footprint. A less obvious perspective is that a home with metrics that are average or below average in its immediate micro-area, but on a large lot, can represent a chance to invest more in the property itself (through renovation or expansion) while already owning a premium asset—the land.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 6,211 sqft, which ranks in the top 27% city-wide, meaning it's significantly larger than the average Winnipeg residential lot.
2. Is the home's assessed value a reliable indicator of its market price?
Not directly. The assessed value of $32,200 is for municipal tax purposes. The last known sale was between $250k-$300k in 2016. Market price is determined by current conditions, and the assessed value being below the street average can sometimes reflect the home's older condition or features, not just its market worth.
3. What does the "below average" year built ranking mean?
Built in 1966, this home is older than 76% of the homes on Templeton Avenue. This suggests the street has seen significant newer construction or renovations. Buyers should factor in the potential for systems (roof, wiring, plumbing) to be near or past their typical lifespan.
4. Can I find out the exact historical sale prices?
Yes, but not automatically through public data. The listing service offers to provide exact sold price history via a manual email request, which they aim to fulfill by the end of the same business day.
5. How does the living space compare to the neighbourhood?
At 1,157 sqft, the living area is smaller than the average home in Margaret Park (which averages 1,396 sqft for comparable properties). This highlights that the property's primary strength is its land, not the size of the current dwelling.
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