314 Chalfont Road

Varsity View, ਵਿਨੀਪਿਗ

Property score

77.1

Good

Overall 77.1 · Larger and newer than most nearby homes

1,950 sqft (top 14%) · Built in 2014 (39 yrs newer than avg)

Located in a average-income area

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

41% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

39 yrs newer than neighborhood avg.

Mother tongue

English · 79%Punjabi · 21%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

77.1 is composed by the two sections below.

Property Score

88.2Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,950 sqft92Excellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ201494Excellent
ਜ਼ਮੀਨ6,304 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

60.4Fair
Household Income50Fair
Education Level82Excellent
Housing Stress50Fair
Core Housing Need50Fair
Employment Health90Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110351

Community deep dive

21%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)405
Labour force participation rate71%
Median age77.5
Avg household size2.5
Unemployment rate0%
Population density2892 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households21%
Couple families with children35%
Median household income (2020)

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$392K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority0%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 78%
Mother tongue (2nd)

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,950 sqft
0255075100
Same streetਟਾਪ 34%Same areaਟਾਪ 14%Citywideਟਾਪ 12%
Same street · Chalfont Road
#23 / 67
ਟਾਪ 34% · ਔਸਤ 1,680 sqft
Same area · Varsity View
#115 / 848
ਟਾਪ 14% · ਔਸਤ 1,387 sqft
Citywide · ਵਿਨੀਪਿਗ
#23,572 / 194,458
ਟਾਪ 12% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
651k
0255075100
Same streetਟਾਪ 9%Same areaਟਾਪ 9%Citywideਟਾਪ 5%
Same street · Chalfont Road
#6 / 67
ਟਾਪ 9% · ਔਸਤ 514.2k
Same area · Varsity View
#73 / 848
ਟਾਪ 9% · ਔਸਤ 444.7k
Citywide · ਵਿਨੀਪਿਗ
#10,336 / 194,458
ਟਾਪ 5% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2014
0255075100
Same streetਟਾਪ 3%Same areaਟਾਪ 5%Citywideਟਾਪ 8%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,304 sqft
0255075100
Same streetਹੇਠਲੇ 13%Same areaਹੇਠਲੇ 36%Citywideਟਾਪ 25%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

314 Chalfont Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 168 m).

Search radius
🌳Parks1

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2019 ਵਿਚ ਵਿਕਿਆCA$550k–600k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 45%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 11%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 8%

Related homes

ਵਿਨੀਪਿਗ 314 Chalfont Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 314 Chalfont Road, Varsity View, Winnipeg

Key Characteristics & Appeal

This 2014-built home in Varsity View presents a compelling blend of modern construction and above-average investment metrics. Its primary appeal lies in its significant quality and value relative to its surroundings. With 1,950 sqft of living space, the home ranks in the top 14% of its neighborhood and top 12% citywide, offering generous, contemporary interiors. This is underscored by an assessed value of $651k, which places it in the elite top 5% citywide and the top 9% on its street and in Varsity View, signaling a premium, well-regarded property.

The home is ideally suited for buyers seeking a modern, low-maintenance build without sacrificing space, who value a strong fiscal position in the market. A thoughtful perspective is the trade-off evident in the lot size (6,304 sqft). While above the city average, it is notably smaller than the typical lot on Chalfont Road. This suggests a property designed for efficient living and easier upkeep rather than extensive outdoor space, appealing to those who prefer spending time indoors or desire a more manageable yard. The combination of a very recent build year (top 3% on its street) and high assessed value makes it a standout for the professional or academic buyer looking for a move-in-ready home with robust resale fundamentals in a desirable, established neighborhood.

Frequently Asked Questions

1. Is the property fairly priced given its assessed value?
The assessed value of $651k is a strong indicator of its municipal valuation, ranking in the top 5% in Winnipeg. Market price will consider current conditions, but this assessment suggests a premium, well-appointed home.

2. How does the lot size impact the property?
The lot is smaller than most on the street but is still above the city average. This means less yard maintenance and a focus on the home itself, which may be ideal for many. It’s a practical layout rather than an estate-sized property.

3. What does the "Elite" ranking for year built mean?
Built in 2014, this home is newer than 97% of comparable homes on its street. This translates to modern building standards, likely better energy efficiency, and reduced immediate need for major renovations compared to older area homes.

4. Who would this home suit best?
It’s an excellent fit for professionals, academics, or small families seeking a modern, spacious home in a prime neighborhood. It’s particularly suited for those who value a strong investment profile and contemporary amenities over a vast, traditional yard.

5. Are the property taxes likely to be high?
Given its assessed value is significantly above area averages, property taxes will be correspondingly higher than for a more typical area home. Prospective buyers should budget accordingly.

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