Property score
87.8
Excellent
Overall 87.8 · Larger and newer than most nearby homes
2,251 sqft (top 7%) · Built in 1987 (7 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
48% larger than neighborhood avg.
Year Built
Above average
7 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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Property score
87.8 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110356
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
above averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
133 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 183 m).
Crime & Safety
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 2% | Top 3% |
133 Overwater Cove · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 133 Overwater Cove, Winnipeg
Property Summary: 133 Overwater Cove
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in Elmhurst, built in 1987. Its primary appeal lies in its generous proportions and mature setting. With over 2,250 sqft of living space on a large 7,159 sqft lot, it offers significant room for a growing family. The home features a finished basement and an attached garage.
The property's standout feature is its strong performance in key metrics compared to its peers. It ranks in the top tier for both size and assessed value within Winnipeg, suggesting a home that is objectively larger and more valuable than most in the city. Its 2022 sale price also placed it in the top 3% of all Winnipeg transactions at that time, indicating a history of high market appeal. While the home is nearly 40 years old, it ranks as newer than most houses in the Elmhurst community itself, hinting at a potentially more modern build within a mature neighbourhood.
This home would best suit buyers looking for established character and space over a brand-new build. It’s ideal for a family seeking a sizable yard and interior room in a quiet neighbourhood, who appreciate the stability and often larger lot sizes of older communities. The strong historical rankings suggest it’s a property for buyers who value a home with a track record of holding and increasing its relative market value.
Frequently Asked Questions
1. How does the home’s age affect its condition and potential costs?
Built in 1987, major components like the roof, windows, and HVAC system may be nearing or past their typical lifespans. A thorough inspection is crucial to budget for any necessary updates or repairs, which is common for homes of this vintage.
2. The lot is large, but what is the neighbourhood feel like?
Elmhurst is a mature neighbourhood. The large lot size offers privacy and space, but the area will have established landscaping and a settled community vibe, which differs from newer suburban developments.
3. Why is there a notable difference between the 2022 sale price and the current assessed value?
The 2022 sale price reflects the peak of a hot market. The current government assessment is for taxation purposes and often lags behind real-time market shifts. The actual list price will be determined by current market conditions.
4. What does the "finished basement" include?
The listing notes a finished basement, but specifics on the quality, layout, ceiling height, and whether it includes a legal secondary suite or additional bedrooms are not provided. This detail would require clarification.
5. The home ranks highly for size, but how is the layout and flow?
While the square footage is generous, the floor plan of a 1980s two-storey may have a different room configuration and flow compared to modern open-concept designs. Viewing the home in person is essential to see if the space meets your lifestyle needs.
Map & Street View
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