Property score
88.4
Excellent
Overall 88.4 · Larger and newer than most nearby homes
2,355 sqft (top 4%) · Built in 1990 (10 yrs newer than avg)
Located in a high-income area with median household income of ~125k
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
55% larger than neighborhood avg.
Year Built
Above average
10 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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88.4 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
126 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 241 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%
126 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 Summary: 126 Overwater Cove
Key Characteristics & Buyer Appeal
This two-storey home in Elmhurst is a spacious, well-established property on a large 7,361 sqft lot. Built in 1990, it offers 2,355 sqft of living space with a finished basement and an attached garage. The home's standout feature is its size, ranking within the top 4% of Winnipeg homes for living area and situated on a lot that provides ample outdoor space. Its appeal lies in this generous footprint, offering room to grow and privacy that is harder to find in newer subdivisions. The data suggests a property that is consistently above average for its neighbourhood and city-wide in key metrics like size, lot, and assessed value.
It would particularly suit buyers looking for a mature, settled community who prioritize interior space and yard size over a brand-new build. It’s an ideal fit for a family needing multiple living areas or someone who values the established character and landscaping of a 36-year-old property. A thoughtful perspective is that while the home is not new, its rankings indicate it was a substantial, high-quality build for its time, potentially offering better construction materials and space efficiency than some newer homes at a similar price point.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking in the top 14% for lot size in Winnipeg means 86% of homes in the city have a smaller lot. It’s a quick way to see the home’s competitive standing.
2. Is a 1990-built home considered old?
While 36 years old, the data shows it’s newer than 75% of Winnipeg homes. In mature neighbourhoods like Elmhurst, it may be one of the more recent builds, potentially meaning updates like modern wiring or windows could already be in place.
3. The assessment is $608,000. Will that be the sale price?
Not necessarily. The assessed value is for municipal tax purposes. The market sale price is determined by current buyer demand, condition, and comparable sales, and can be higher or lower.
4. What are the advantages of a large, mature lot?
Beyond privacy and space for play or gardens, large lots in established areas often have mature, climate-resilient trees and landscaping that can’t be quickly replicated, providing natural shade and aesthetic appeal.
5. What might "finished basement" include in a home of this era?
Typically, this indicates a developed recreational space, possibly with a bathroom. It’s important to clarify the finish quality, ceiling height, and whether it conforms to current building codes, as standards have evolved since 1990.
