Property score
86.0
Excellent
Overall 86.0 · Larger and newer than most nearby homes
1,860 sqft (top 23%) · 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
22% 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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86.0 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
118 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 272 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%
118 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
This 1993-built, two-storey home on a large, 6,800+ sqft lot in Elmhurst presents a compelling blend of space, established character, and prime location. Its key appeal lies in its generous proportions—both in living space (1,860 sqft) and land—coupled with strong relative rankings across Winnipeg for its assessed value, lot size, and newer construction age. The home features a finished basement and an attached garage, positioned in a mature neighbourhood.
It would suit buyers looking for a well-sized family home in a settled area, who prioritize lot size over being in a brand-new build. The data suggests it offers strong value within the broader Winnipeg market, appealing to those seeking more house and land for their budget. A thoughtful perspective is that this property represents a "sweet spot" of being modern enough to avoid major aging concerns, yet established within a community with mature landscaping and known character.
Frequently Asked Questions
1. How does the "ranking" data work?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics like size or age. For example, being newer than 77% of Winnipeg homes means it's a relatively modern build city-wide.
2. What is the neighbourhood of Elmhurst like?
Elmhurst is a mature, established neighbourhood in Winnipeg. Properties typically feature larger lots and older tree canopies, offering a settled, residential feel with a mix of home styles and eras.
3. Is the finished basement included in the 1,860 sqft living area?
Typically, "living area" (or above-grade square footage) does not include basement space, finished or not. The 1,860 sqft likely refers to the main and upper floors, with the finished basement providing additional bonus space.
4. What does the assessed value tell me about the property tax?
The municipal assessed value of $583,000 is used to calculate property taxes. You can estimate annual taxes by applying the current year's municipal tax rate to this assessment value.
5. The home is 33 years old. What should I consider?
While ranked as relatively newer for Winnipeg, a home of this age may have had major components like the roof, windows, or HVAC system updated. An inspection would be key to determine the condition and remaining lifespan of these elements.
