Property score
59.6
Fair
Overall 59.6 · Older than most nearby homes
1,169 sqft (bottom 39%) · Built in 1947 (28 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 place of worship nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Below average
28 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.6 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
412 Chalfont Road — 1 amenities found within 500 m, across 1 categories.
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%
412 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 Overview & Appeal
This home is defined by its exceptional, oversized lot—over 33,000 square feet—which is its most compelling feature, placing it in the top 1% of properties in Varsity View and all of Winnipeg for land size. The house itself is a classic 1947 one-and-a-half storey with a finished basement and detached garage, offering 1,169 sqft of living space. Its appeal lies in the rare opportunity to own a vast, private canvas in a mature, central neighbourhood. While the house is older and modest in size relative to the land, it presents a clear value proposition: the land itself represents significant long-term equity and potential.
This property would perfectly suit a buyer with a vision, whether that's enjoying immense garden space, future expansion, or redevelopment. It’s ideal for someone who values outdoor privacy and space over a modern, turn-key home. It could also appeal to an investor or builder who recognizes the underlying value of the lot in a prestigious location.
Frequently Asked Questions
1. What does the lot size actually allow for?
Beyond gardening, a lot of this scale in a central neighbourhood is uncommon. It provides exceptional privacy, room for additions like a large workshop or studio, and significant potential for future landscaping or even subdivision, subject to city zoning approvals.
2. The house is older—what should I budget for immediately?
Given its age (built 1947), a thorough inspection is crucial. While the basement is finished, you should prioritize checking the foundational health, roof condition, and updating any original plumbing or electrical systems to meet modern standards.
3. How do the rankings (e.g., "top 1%") impact value?
These rankings highlight the property's greatest strength: its land. Being in the top 1% for lot size in a desirable area strongly supports the price and indicates resilience in market value. The lower rankings for the building's age and size reflect the trade-off for that land.
4. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value ($407,000) is for municipal tax purposes. In a case like this, the market price is heavily influenced by the premium for the rare lot size, which may not be fully reflected in the standard assessment model.
5. What is the neighbourhood character of Varsity View?
Varsity View is a mature, established neighbourhood near the University of Manitoba. It offers a quiet, leafy atmosphere with a mix of older character homes and newer infill developments, appealing to academics, families, and professionals seeking a central location.
