Property Overview
323 Templeton Avenue is a well-situated home in Winnipeg's Margaret Park neighbourhood, presenting a practical opportunity in the market. Built in 1975, its key appeal lies in its strong value proposition within its immediate area. The home's assessed value and recent sold prices consistently rank well above the neighbourhood average, suggesting it is perceived as a solid asset in Margaret Park. However, its living space (1,175 sq ft) and lot size (3,996 sq ft) are modest compared to area norms, indicating a more efficient, lower-maintenance footprint.
This property would suit first-time buyers or downsizers seeking an established home in a stable area without a premium price tag. It’s also a sensible fit for value-focused investors or buyers who prioritize financial metrics and equity potential over sheer size. A thoughtful perspective is that while the lot is smaller than average, it requires less upkeep, and the home’s above-average standing in the neighbourhood for value could signal a well-maintained property or a particularly desirable location on the street.
Frequently Asked Questions
How does this home’s value compare to others nearby?
The home’s assessed value ranks in the top 8% for the Margaret Park neighbourhood, meaning it is valued higher than most comparable homes in the immediate area. This suggests it may be in better condition or in a more favoured spot within the community.
Is the living space smaller than typical homes in the area?
Yes. At 1,175 sq ft, the living area is below the average for both Margaret Park and Templeton Avenue. This points to a more compact, efficient layout rather than a sprawling one.
What does the sold price history indicate?
The home sold between $400k-$450k in 2023, a price that ranked in the top 6% for the neighbourhood at that time. This recent sale supports the trend of it commanding a strong value relative to its surroundings.
Is the lot size a disadvantage?
The lot is smaller than most in the neighbourhood and city. For some, this means less yard work and lower exterior maintenance costs. For others seeking extensive outdoor space, it could be a limitation.
How can I find out the exact past sale prices?
The provider offers to share the exact sold price history upon request via email, as the figures shown are publicly estimated ranges. They note this is a manual process with a same-day reply aim and no marketing spam.