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
8-480 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 8% | Top 21% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8-480 Chalfont Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 1,073 sqft condo in Elmhurst, built in 1997 and featuring a renovated basement. Its primary appeal lies in its strong value proposition and established neighborhood setting.
The standout characteristic is its assessed value of $45,200. While this is below average for its immediate street, it ranks in the top 11% within Elmhurst and an elite top 5% city-wide. This suggests the property offers significant value relative to much of Winnipeg, potentially resulting in lower property taxes than one might expect for a home of this size. The living space is comfortably average for the area, and the home is one of the newer builds on its street.
This property would suit value-conscious buyers seeking a solid, move-in-ready space in a mature neighborhood. It’s ideal for first-time homeowners, small families, or investors looking for a property with a strong city-wide valuation metric and the added benefit of a finished basement for extra living or rental space. Its appeal is practical rather than luxurious, offering a smart entry into the market.
Section 2: Frequently Asked Questions
1. What does the "elite" city-wide assessed value ranking mean for me?
It indicates that, compared to all similar properties across Winnipeg, this home’s official assessed value is in the highest 5%. This is a positive sign for long-term value and typically correlates with relatively lower property taxes than if the assessment were average or above average for the city.
2. How does the below-average assessment on its own street affect things?
This can be a nuanced advantage. It may reflect the specific building or unit characteristics within the row of similar homes. For you, it means the property is likely taxed on a lower assessment than some direct neighbors, which is financially beneficial, while still holding strong value in the broader context.
3. The home last sold in 2017 for $390,000. How relevant is that price today?
It provides historical context, but the market has evolved significantly since then. It’s more important to focus on the current assessed value and recent sales of comparable properties in Elmhurst to understand its present market value.
4. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space without the need for a project. It can serve as a family room, home office, or a separate suite (subject to city zoning and licensing), adding to the home’s utility and appeal.
5. The home is "around average" in size for the area. Is that a drawback?
Not necessarily. An average-sized home in a desirable neighborhood often represents the "sweet spot"—it meets typical living needs without the premium cost or maintenance of a larger, above-average property. It suggests the space is practical and in line with community norms.
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