513 Chalfont Road

Property Overview: 513 Chalfont Road, Elmhurst, Winnipeg

Key Characteristics & Appeal

This two-storey home in Elmhurst is a property of notable stature within its context. Its primary appeal lies in its generous, above-average living space of 2,319 sq ft, which ranks within the top 10% on its own street and the top 5% city-wide. This is complemented by a renovated basement and desirable amenities like an attached garage and a pool. Built in 1984, it is a newer construction compared to many Winnipeg homes. The data reveals a thoughtful perspective: while the lot size is more modest compared to immediate neighbors on Chalfont Road, it remains above the city-wide average, suggesting a balanced focus on interior living space over extensive grounds. The home’s assessed value places it firmly in the "elite" tier for both the Elmhurst area and the entire city, indicating strong intrinsic value and a history of substantial investment, as evidenced by the significant price appreciation between its 2020 and 2023 sales.

This property would best suit buyers who prioritize spacious, modernized interiors and community prestige over vast, private yard space. It’s ideal for a professional family seeking a move-in ready home with premium features (like the pool) in an established, high-ranking neighborhood, and for those who understand value through the lens of both luxury amenities and statistical market positioning.

Frequently Asked Questions

1. How does the lot size impact the property's value?
While the land area is smaller than many direct neighbors on Chalfont Road, it is still above the Winnipeg average. The value here is clearly weighted toward the home's substantial and modern living space, premium finishes, and amenities, making it a different type of offering than a sprawling estate property.

2. What does the "elite" ranking for assessed value mean?
This statistical ranking shows the home's official assessed value is higher than approximately 95% of all properties in Winnipeg. It reflects a combination of the home's size, features, renovations, and the desirability of the Elmhurst area, serving as a strong indicator of its standing in the broader market.

3. The home sold recently in 2023. What does its history suggest?
The significant increase in sale price from 2020 to 2023 suggests major improvements were likely made during that period (such as the basement renovation), and/or that the market for premium homes in Elmhurst experienced strong growth. It indicates a property that has been substantially upgraded and is coming to market in a current condition.

4. Is the pool a common feature for this area?
No, a private pool is not a common feature in Winnipeg and places this home in a distinctive niche. It offers a rare luxury for the climate but also entails specific maintenance considerations and seasonal utility that buyers should factor in.

5. How does this home fit within the immediate neighborhood?
The data shows it is among the largest and most valuable homes on Chalfont Road. However, its lot size is more compact than the street average. This positions it as a premium, efficiently designed property on the street—offering top-tier interior space and features, potentially with less yard maintenance than some neighbors.