Property score
89.6
Excellent
Overall 89.6 · Larger and newer than most nearby homes
2,345 sqft (top 4%) · Built in 1993 (13 yrs newer than avg)
Located in a high-income area with median household income of ~125k
Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
54% larger than neighborhood avg.
Year Built
Above average
13 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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89.6 is composed by the two sections below.
Property Score
Community Score
Elmhurst
How to read: Share of sales in each ~$50k price band for “elmhurst” (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: #46110357
$125K
Median household income
$158K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
15%
Single-person households
37%
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
106 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 288 m).
Elmhurst · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
106 Overwater Cove: 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 · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 106 Overwater Cove
This two-storey family home in Elmhurst presents a compelling blend of space, location, and established comfort. Built in 1993, it sits on a large, approximately 10,700 sqft lot, offering significant outdoor space that is increasingly rare. With 2,345 sqft of finished living space, including a developed basement, the interior provides ample room for family life and entertaining. The home’s standout appeal lies in its strong positional value: it ranks within the top tiers of the broader community and city for both lot size and living area, suggesting a property that feels private and spacious within a desirable neighborhood. Its attached garage and mature setting round out the practical offerings.
This property is ideally suited for buyers looking for a long-term family home who value generous indoor and outdoor space over a brand-new build. It would particularly appeal to those seeking an established neighborhood with a proven sense of community, and who may have the vision to update certain elements over time to personalize the space.
Key Questions & Considerations
1. How does the assessment value relate to the asking price?
The municipal assessment is noted at $484,000. It’s important to understand that this value is for tax purposes and can differ, sometimes significantly, from current market value. A comparative market analysis is essential to gauge the fair listing price.
2. The home is over 30 years old. What should I be mindful of?
While major systems may have been updated, a pre-purchase inspection is crucial to assess the condition of the roof, windows, HVAC, and plumbing. This age of home often balances solid construction with the potential for modernizing certain features.
3. What do the ranking percentages actually mean for me?
They indicate the property’s relative standing. For example, ranking in the top 5% in Winnipeg for living area means it is genuinely larger than most homes in the city. This is a strong data point for both livability and future resale, highlighting its scarcity value.
4. The lot is large, but what are the maintenance implications?
A 10,700 sqft lot offers wonderful space for gardens, play, or expansion, but also requires more time and resources for landscaping, lawn care, and seasonal upkeep compared to a standard lot.
5. Why is the street ranking for assessment value so different from the others?
The home ranks lower on its specific street for assessed value. This could indicate that other homes on Overwater Cove have higher assessments, possibly due to more recent renovations, additions, or differing architectural styles. It’s a useful prompt to closely compare the features and conditions of neighboring properties.
