4-472 Templeton Avenue

Property Overview & Appeal

This well-maintained home at 4-472 Templeton Avenue in Winnipeg’s Templeton-Sinclair neighbourhood presents a practical and modern living opportunity. Built in 2010, it is a newer construction compared to many homes in the wider area, offering contemporary building standards without the premium of a brand-new build. Its key appeal lies in its move-in readiness, featuring a renovated basement that adds functional living space to its 984 sqft footprint. The property ranks highly for its lot size within its immediate street and neighbourhood, suggesting a well-situated parcel.

It would suit first-time homebuyers seeking a modern, low-maintenance property, or investors looking for a relatively new asset with updated features. The assessed value is consistent with similar homes in the area, indicating a stable, market-ready property. A thoughtful perspective is that its newer age likely translates to greater energy efficiency and fewer major repair concerns in the near term compared to older, similarly priced homes, offering a balance of comfort and cost predictability.

Frequently Asked Questions

1. What does the ranking information mean?
The rankings compare this property against others on the same street, in the neighbourhood, and across Winnipeg. For example, it ranks in the top tier for lot size locally but is more average in terms of living area and assessed value for the area, helping you gauge its standout features.

2. Is this a single-family detached home?
The listing does not specify the building type. The address format and the list of nearby properties (e.g., 45-472, 47-472 Templeton) suggest it is likely part of a small condo complex, townhouse development, or a subdivided property. Verification of strata or condo fees would be essential.

3. What is the significance of the renovated basement?
A renovated basement immediately adds usable living space, whether for a family room, home office, or additional bedrooms. It also suggests the major work of finishing the basement is already complete, which is a valuable upgrade.

4. How does the assessed value relate to the likely selling price?
The assessed value ($31,200) is for municipal tax purposes. The selling price is determined by the market and can be higher or lower. Comparing it to the "Similar assessed value" properties provides a benchmark for what homes in this tax valuation range are like across the city.

5. The home is newer (2010), but the living area is modest. What’s the trade-off?
You are trading square footage for modern construction. This means potentially lower maintenance costs, better insulation, and updated electrical and plumbing systems compared to a larger, older home at a similar price point. It’s a choice between space and contemporary efficiency.