Property score
82.0
Excellent
Overall 82.0 · Newer than most nearby homes
1,585 sqft (top 43%) · Built in 1988 (8 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
Near average
4% larger than neighborhood avg.
Year Built
Above average
8 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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82.0 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
134 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 211 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%
134 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 1988-built, one-storey home in Elmhurst offers a practical and spacious layout on a large, mature lot. Its key appeal lies in its combination of a generous, fully-finished basement, a sizable 6,690 sqft property, and a location that provides a quiet, established neighbourhood feel while ranking highly for value across Winnipeg. The home’s assessed value places it in the top 15% city-wide, suggesting a solid foundation of municipal valuation relative to its space. It suits buyers looking for a move-in-ready bungalow with room to grow, whether that's for a family needing the extra below-ground living space or someone seeking single-level living with a substantial yard. A thoughtful perspective is that while the living area is modest for the neighbourhood, the significant lot size and finished basement greatly expand the usable space, offering potential for both privacy and flexibility.
Frequently Asked Questions
1. How does the home’s age (38 years) affect its condition and potential costs?
Built in 1988, the home is in the stage where major components like the roof, windows, or HVAC system may be near or due for replacement. A thorough inspection is advised, but its newer ranking (top 19% in the community) suggests it may be in better relative condition than many of its neighbours.
2. The living area seems average, but the lot is large. How does this balance out?
The 1,585 sqft main floor is complemented by a fully-finished basement, effectively doubling the liveable space. The large 6,690 sqft lot is a standout feature, offering ample outdoor space for gardens, play, or entertaining that is harder to find in newer subdivisions.
3. What do the "rankings" actually tell me about the property's value?
These rankings compare the home to others on its street, in Elmhurst, and across Winnipeg. Key takeaways are its very strong city-wide rankings for lot size (top 20%) and assessed value (top 15%), indicating its fundamentals are competitive. Its more average rankings within the immediate area suggest it’s a typical, well-priced option for the neighbourhood.
4. Is the finished basement included in the listed 1,585 sqft living area?
No, the 1,585 sqft refers to the above-ground living area. The fully-finished basement provides additional square footage, the exact size of which should be verified.
5. Who would this property be most suitable for?
It’s an excellent fit for those seeking single-level living (or minimal stairs) with abundant finished space, such as young families who can use the basement as a rec room, or downsizers who want a manageable main floor but still have guest or hobby space below. The large lot appeals to anyone valuing outdoor privacy.
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