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
17-480 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 15% | Top 19% | Top 8% |
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 17-480 Chalfont Road in Winnipeg’s Elmhurst neighbourhood presents a specific and compelling value proposition. Built in 1997, it features a renovated basement. Its primary appeal lies in a significant disparity: while its living space is average for the area, its assessed value is notably high compared to local and city-wide benchmarks. This suggests a unit that is well-maintained and financially recognized within a stable, mature condo complex. It would suit a practical buyer looking for a turn-key, low-maintenance home in a central location, particularly someone who values municipal assessment as an indicator of property standing over sheer square footage. It’s also a sensible option for those entering the condo market, offering more modern construction than many city-wide alternatives without the premium of a brand-new build.
Key Details & FAQs
Key Characteristics & Appeal
Frequently Asked Questions
1. What does the high assessed value compared to the city average actually mean?
It means the municipality values this property significantly higher than most similar condos across Winnipeg. This often reflects factors like renovations, desirable location within the city, or overall condition, and can be a positive indicator of the property's official market worth, though property taxes will be based on this value.
2. Is the living space small?
At 1,073 sqft, it is not small; it is very close to the average size for condos both in the Elmhurst area (1,140 sqft avg.) and city-wide (1,042 sqft avg.). It offers standard space for a two-bedroom condo layout.
3. Who is responsible for maintenance and repairs?
As a condo, the corporation is typically responsible for major structural elements, common areas, and exterior maintenance. Owners are responsible for everything within their unit's walls. Specifics should be confirmed by reviewing the condo corporation's bylaws and financial statements.
4. The unit last sold in 2017. Is that a concern?
Not inherently. A seven-year ownership period suggests stability rather than rapid turnover. It provides a clear previous sale price ($39,600) for comparison, highlighting the appreciation in its assessed value since that time.
5. Are there other identical units in the building?
The data shows multiple units at the same 480 Chalfont Road address with the same assessed value, indicating this is part of a townhouse-style or multi-unit condo complex with several similar layouts. This can be beneficial for comparing values and understanding the community.
