Property Overview: 209 Templeton Avenue, Margaret Park, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,098 sqft bungalow, built in 1958, presents a grounded opportunity in Winnipeg's Margaret Park neighbourhood. Its key appeal lies in its position as a statistically average home within its local context, offering a straightforward entry point into a stable area. The living space and assessed value both rank solidly in the middle of the pack for the street, neighbourhood, and city, suggesting a property that is neither over-improved nor under-sized for its market.
The lot, at 3,765 sqft, is smaller than most comparables, which could mean lower maintenance or a more efficient footprint. A thoughtful perspective is that a home from 1958, while older than most on its block, often comes with a simplicity of structure and the potential for well-established landscaping. It last sold between 2016-2025 for an estimated $250k-$300k, providing a recent pricing benchmark.
This home would likely suit pragmatic first-time buyers or downsizers seeking a no-fuss property in an established community. It’s for those who prioritize location and function over modern finishes or large lots, and who see value in a home that aligns with neighbourhood norms without standing out.
Section 2: Frequently Asked Questions
1. What does it mean that the home's metrics are "around average"?
For key factors like size and assessed value, this property consistently falls near the middle when compared to homes on its street, in Margaret Park, and across Winnipeg. This indicates it is a typical offering for the area, which can simplify valuation and reduce the risk of overpaying.
2. The home was built in 1958. Is that a concern?
While it is older than 92% of homes on Templeton Avenue, its construction date is closer to the citywide average. Buyers should budget for age-appropriate updates, but the era also often means straightforward layouts and durable construction materials.
3. The lot size is noted as "below average." How significant is this?
The lot is smaller than about 80% of comparable properties. This typically translates to less yard maintenance, which can be an advantage. However, it may limit expansion possibilities or private outdoor space compared to neighbours.
4. How reliable is the sold price history shown?
The listed sale range ($250k-$300k) is based on public data. For the exact sale price and date, you must request the information directly via the provided email service, as this detail is not publicly disclosed in Manitoba.
5. Who might this property not suit?
It may not suit buyers seeking a large yard, a newer home without immediate update projects, or a property that significantly outperforms neighbourhood averages in size or value. Its appeal is in its alignment with, not exception from, its surroundings.