390 Chalfont Road

Varsity View, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Compared with neighbourhood average

1,087 sqft (bottom 31%) · Built in 1968 (7 yrs older than avg)

Located in a average-income area

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

7 yrs older 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

59.1 is composed by the two sections below.

Property Score

58.2Fair
Living Area52
1,087 sqftFair
Year Built52
1968Fair
Lot Size97
11,241 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

60.4Fair
Household Income50
Fair
Education Level82
Excellent
Housing Stress50
Fair
Core Housing Need50
Fair
Employment Health90
Excellent

Neighbourhood Sales

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.

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.

Rankings

Living Area

around average
1,087 sqft
0255075100
Same streetBottom 13%Same areaBottom 31%CitywideBottom 38%
Same street · Chalfont Road
#58 / 67
Bottom 13% · Avg 1,680 sqft
Same area · Varsity View
#582 / 848
Bottom 31% · Avg 1,387 sqft
Citywide · Winnipeg
#120,444 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
427k
0255075100
Same streetBottom 25%Same areaTop 44%CitywideTop 33%
Same street · Chalfont Road
#50 / 67
Bottom 25% · Avg 514.2k
Same area · Varsity View
#371 / 848
Top 44% · Avg 444.7k
Citywide · Winnipeg
#63,248 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 30%Same areaBottom 33%CitywideTop 50%

Lot Size

Elite
11,241 sqft
0255075100
Same streetTop 40%Same areaTop 12%CitywideTop 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

390 Chalfont Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 429 m).

Search radius
🌳Parks1
Worship1

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%

Sales History

390 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.

Related homes

Highlights & common questions: 390 Chalfont Road, Winnipeg

Property Overview

This 1968-built, one-storey home in Varsity View offers a unique proposition centered on its expansive 11,241 sqft lot—a rare find within the city. Its key appeal lies in this substantial, private outdoor space, which provides immense potential for gardening, expansion, or simply enjoying a large yard uncommon for Winnipeg properties. The 1,087 sqft living area includes a finished basement, presenting a functional layout for everyday living. While the home itself is of a vintage common to the area, its standout characteristic is its land value and relative positioning: the property ranks in the top 4% of Winnipeg for lot size and the top 29% for assessed value, indicating a strong underlying asset. This home would best suit a buyer who values land over a modern turn-key home—perhaps a family seeking room to grow, a renovator looking for a property with a superb foundation to update over time, or an investor attracted by the lot's long-term value in a desirable, established neighbourhood.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the "top 4% for lot size in Winnipeg" means 96% of city properties have a smaller lot, highlighting its rarity.

2. Is the house itself outdated?
Built in 1968, the home is of its era. The finished basement adds living space, but buyers should anticipate characteristics and systems consistent with its age. The significant opportunity here is the land; the house represents a solid canvas for personalization.

3. Who would benefit most from this large lot?
Beyond gardening enthusiasts, the lot is a major asset for anyone valuing long-term privacy and space in the city. It offers future potential for additions like a garage, workshop, or deck, which smaller lots cannot accommodate.

4. How does the assessment value relate to the asking price?
The municipal assessment of $427,000 is a tax valuation and typically lags behind the market. Its ranking in the top 29% city-wide suggests the property is considered a substantial asset, but the final sale price will be determined by current market conditions and buyer demand for such a unique lot.

5. What is the neighbourhood vibe of Varsity View?
As a mature, established community near the University of Manitoba, it offers a quiet, residential feel with a mix of long-time residents and academics. The large lot provides a sense of seclusion while still being within a convenient, well-connected area.