Property score
52.5
Fair
Overall 52.5 · Smaller and older than most nearby homes
698 sqft (bottom 2%) · Built in 1951 (24 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
50% smaller than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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52.5 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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
220 Chalfont Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 260 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
220 Chalfont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 220 Chalfont Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic 1951-built, one-storey bungalow situated on an exceptionally large, mature lot of over 14,000 square feet in the established Varsity View neighborhood. Its primary appeal lies in the significant land value and the rare potential it presents. The house itself is modest at 698 sqft, but the property ranks in the top 2% of Winnipeg for lot size, offering a blank canvas for expansion, redevelopment, or simply enjoying expansive private outdoor space.
The property would best suit a specific type of buyer: those with a vision for the future rather than a need for a move-in-ready home. This includes builders or investors eyeing the lot's redevelopment potential, handy individuals or families planning a major renovation or addition to create a custom home, or buyers who prioritize immense yard space for gardens, recreation, or privacy over interior square footage. It's a long-term play, offering a foothold in a central neighborhood where such large parcels are increasingly scarce.
Section 2: Frequently Asked Questions
1. What is the true value proposition here?
The value is overwhelmingly in the land. You are purchasing a prime, large lot in a central location, with an older, smaller home currently on it. The assessment and price reflect this land value and future potential.
2. Is this a teardown property?
While the existing home is small and dated, that decision would depend on a buyer's plans, budget, and the feasibility of renovation versus new construction. The lot size certainly accommodates a new build, but the existing structure could also be significantly expanded.
3. Who is the typical buyer in this situation?
It's often not a typical first-time homebuyer. The most likely buyers are builders, developers, or homeowners with the capital and intention to invest in a major renovation or custom construction project.
4. What are the less obvious considerations?
Consider the carrying costs (taxes, utilities) while planning a future project, and factor in the current high costs of construction and materials. Also, research the neighborhood's character and any potential guidelines that might influence the design or scale of a new home.
5. How do the rankings (e.g., "top 2% for lot size") help me?
These metrics concretely show the property's standout feature—its lot size—relative to almost all others in the city. They confirm the rarity of the opportunity but also contextualize the home's age and size as being more typical for its era, setting realistic expectations for the condition of the existing structure.
