Property score
84.0
Excellent
Overall 84.0 · Larger and newer than most nearby homes
1,994 sqft (top 16%) · Built in 1984 (4 yrs newer than avg)
Located in a high-income area with median household income of ~114k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
84.0 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” (Detached houses (non-condo), 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: #46110359
$114K
Median household income
$125K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
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
501 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 | Top 36% | Top 10% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 501 Chalfont Road, Winnipeg
Key Characteristics & Appeal
This two-storey home in Elmhurst presents a compelling blend of space, location, and modern readiness. Its nearly 2,000 sqft of living area places it comfortably above average for the neighbourhood and city, offering ample room for families. A key feature is the renovated basement, adding functional living space. The home is newer than many in Winnipeg, built in 1984, which can suggest fewer immediate major updates compared to older stock. While the lot size is typical for the street, it is notably larger than the city average, providing good outdoor space.
The appeal lies in its strong positional metrics. It ranks consistently above average in Elmhurst and city-wide for living area, assessed value, and year built, indicating a solid, well-sized property in a desirable context. The attached garage and lack of pool point to a practical, low-maintenance lifestyle. This home would suit buyers looking for a move-in ready family home with modernized basics, who value space over ultra-premium lot size, and who appreciate a property that performs well on key metrics compared to its peers.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in February 2023 for $625,000. The current assessed value is $540,000. It’s important to discuss this difference with your real estate agent, as it can reflect market shifts, specific renovations, or assessed value methodologies.
2. Is the lot size a disadvantage?
The lot is just under 8,500 sqft. While it’s smaller than the average lot on Chalfont Road, it is larger than the average for both Elmhurst and Winnipeg as a whole. It offers a balanced yard space without excessive maintenance.
3. What does "above average" for the year built really mean?
Built in 1984, the home is newer than about 78% of homes in Elmhurst and 70% city-wide. This generally suggests building materials and layouts that are more modern, though core systems like roof, windows, and HVAC are likely in their mid-life stage and should be inspected.
4. Who are the typical neighbours or buyers in this area?
Given the home’s size, above-average rankings for the area, and family-friendly features, it likely appeals to established professionals and growing families looking for a long-term home in a stable neighbourhood.
5. How does the living space compare to nearby similar-valued homes?
The living area is a standout feature. At 1,994 sqft, it provides more interior space than the average home in its assessed value bracket, both in Elmhurst and across Winnipeg, indicating good value for square footage.
