Property score
85.1
Excellent
Overall 85.1 · Larger and newer than most nearby homes
1,917 sqft (top 19%) · Built in 1988 (8 yrs newer than avg)
Located in a high-income area with median household income of ~127k
Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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85.1 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: #46110356
$127K
Median household income
$164K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
11%
Single-person households
41%
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
125 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 212 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%
125 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: 125 Overwater Cove
Key Characteristics & Appeal
This well-situated Elmhurst family home is a 1988-built, four-level split on a large, approximately 6,000 sqft lot. Its key features include nearly 1,900 sqft of finished living space and a developed basement, offering ample room for a growing household. The home’s practical layout is complemented by a single attached garage.
The appeal lies in its established, quiet cul-de-sac setting and its above-average footprint both in terms of lot size and living area for its vintage. The data suggests it outperforms a significant majority of Winnipeg homes in size and is newer than most in its immediate neighborhood. It represents a solid, move-in-ready property in a mature community, avoiding the premium of a brand-new build while offering more space than many contemporary alternatives.
This home would best suit buyers looking for a long-term family residence who value space, a settled neighborhood character, and a practical layout over ultra-modern finishes. It’s a pragmatic choice for those who want room to grow without the maintenance of a much older property or the higher cost per square foot of a new subdivision home.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics. For example, being newer than 81% of homes in Elmhurst means it’s relatively modern for the area, while its living area is larger than 88% of all Winnipeg homes, highlighting its spaciousness.
2. Is the four-level split layout efficient?
This style offers good separation of living and sleeping areas, often with a distinct lower-level family room. It can be energy-efficient for heating zones but involves more stairs than a bungalow or two-story. It’s ideal for families wanting defined living spaces.
3. How does the assessment value relate to the likely selling price?
The municipal assessment of $487,000 is for tax purposes and is based on past market data. The current selling price will be determined by today's market conditions, recent comparable sales, and the home's specific presentation.
4. What are the pros and cons of a 1988-built home?
Pros include modern wiring and insulation standards compared to older stock, and likely updated components. Cons may include the eventual need to replace original major systems (like the roof or HVAC) that are reaching a typical lifespan, which should be factored into a home inspection.
5. What is the feel of the Elmhurst neighborhood?
Elmhurst is a mature, established neighborhood with a mix of home styles from various eras. It offers a sense of permanence and community, with well-treed streets and local amenities. It typically appeals to those seeking a settled environment rather than a newly developed area.
