Property score
67.5
Good
Overall 67.5 · Smaller than most nearby homes
1,073 sqft (bottom 30%) · Built in 1997 (1 yr newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
73
245k
$231/sqft
1996
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67.5 is composed by the two sections below.
Property Score
Community Score
Elmhurst
How to read: Share of sales in each ~$50k price band for “elmhurst” (Condos, 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: #46110352
$78K
Median household income
$102K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.6
P90 / P10 ratio
46%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
13-480 Chalfont Road — 1 amenities found within 500 m, across 1 categories.
Elmhurst · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Top 12% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,073 sqft condo at 13-480 Chalfont Road in Elmhurst presents a specific and compelling value proposition. Its key appeal lies in a notable imbalance between its modest size and its high assessed value, which signals strong underlying value for the neighbourhood and property type.
Key Characteristics & Ideal Buyer
The unit is a basement-included condo in a building constructed in 1997. Its living space is average for the immediate area and city-wide. The standout characteristic is its financial profile: with an assessed value of $46.60k, it ranks in the elite top 5% in Elmhurst and top 4% city-wide for comparable properties, far exceeding local and city averages. This suggests factors beyond raw square footage—such as the renovated basement, building amenities, or specific location within Elmhurst—are driving its official valuation. It last sold for $47.50k in October 2023.
Its appeal is for the value-conscious buyer who understands that municipal assessment can reflect long-term stability and resale potential. It would suit a first-time buyer or investor looking for a foothold in a stable neighbourhood, where the property holds a premium position relative to its peers. It’s less suited for those purely seeking maximum interior space for the price.
Frequently Asked Questions
1. What does an "Elite" assessed value ranking mean?
It means this property’s municipal assessed value is higher than 95-96% of comparable properties in its neighbourhood and city. This often reflects a combination of lot, building condition, improvements, and market position that the city deems well above average.
2. Is the living area smaller than average?
At 1,073 sqft, it is slightly below the local average for similar homes (~1,140 sqft) but is close to the city-wide average. The space is efficiently configured, and the inclusion of a renovated basement adds functional living area.
3. The building was built in 1997. Is that a concern?
At 29 years old, the building is relatively mature but not historic. This age often means major systems have been updated, and the building is settled, but a review of the condo reserve fund and recent special assessments is essential to understand future financial obligations.
4. Who are my immediate neighbours?
The listing shows several units at the same 480 Chalfont Road address, indicating this is a condo complex or multi-unit building. Your closest neighbours would be other unit owners in the same building.
5. Why is there such a gap between the assessed value and average sale prices in the area?
The assessed value is for the property itself, which ranks very high. The average sale prices you see may include different property types (e.g., smaller condos, older homes) in the broader area. This unit’s assessment suggests it is considered a premium asset within its specific market segment.
