Property score
64.7
Fair
Overall 64.7 · Compared with neighbourhood average
1,296 sqft (top 47%) · Built in 1973 (2 yrs older than avg)
Located in a average-income area
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 79%Punjabi · 21%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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64.7 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: #46110351
21%
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
406 Chalfont Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 490 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%
406 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 · Distance
Address · Tax-Assessed Value
Property Summary: 406 Chalfont Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, approximately 9,900 sqft lot in the desirable Varsity View neighbourhood. Built in 1973, its primary appeal lies in its generous land size, which ranks within the top 6% of all properties in Winnipeg for lot dimensions. The home itself offers 1,296 sqft of living space with a finished basement and an attached garage. Its standout value is derived from its location and land, outperforming 94% of Winnipeg properties for lot size and 75% for assessed value within the city. The neighbourhood ranking is particularly strong, placing in the top 17% for lot size among local homes.
This property would suit a buyer looking for a solid investment in a prime location, where the land itself represents significant value. It’s ideal for someone comfortable with a home from the 1970s who may have long-term plans to renovate or expand to fully utilize the expansive lot. It also appeals to those seeking stability in a mature, academically-oriented community close to the University of Manitoba, who prioritize outdoor space and future potential over a brand-new build.
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 specific metrics like lot size and age. For example, being in the "top 6%" for lot size in Winnipeg means 94% of city properties have smaller lots, highlighting a key competitive advantage.
2. The home was built in 1973. What should I consider?
While the structure is over 50 years old, its high city-wide rankings for lot and assessed value suggest the location and land compensate for the building's age. Buyers should budget for potential updates to major aging components like the roof, windows, and mechanical systems, while viewing the property as a land-centric purchase.
3. How does the lot size impact the property?
A lot of this size (nearly 1/4 acre) is rare in the city, offering exceptional outdoor space, privacy, and potential for additions, a garden, or recreational areas. It provides a suburban feel within a mature neighbourhood, which is a key driver of its value.
4. Is the finished basement included in the 1,296 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional feature, adding usable living space that is not reflected in the main square footage figure.
5. The assessment is $455,000. How does that relate to the listing price?
The assessed value is for municipal tax purposes and is based on mass appraisal techniques. It is a useful benchmark that shows the property is valued in the top 25% city-wide, but the final sale price is determined by the current market, condition, and desirability of the home and lot.
