Property score
85.3
Excellent
Overall 85.3 · Larger and newer than most nearby homes
1,881 sqft (top 22%) · Built in 1987 (7 yrs newer than avg)
Located in a high-income area with median household income of ~127k
Transit 50.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
23% 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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85.3 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
141 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 150 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%
141 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: 141 Overwater Cove
This well-established Elmhurst family home presents a compelling blend of space, amenities, and location. Its key appeal lies in offering a complete, move-in-ready package on a generous lot. The nearly 1,900 sqft two-storey layout includes a finished basement, providing ample room for family living and hosting. A private backyard pool is a standout feature for summer recreation and entertaining. With a high assessment value ranking in the top 7% of Winnipeg, the property is positioned as a premium offering in its area. It particularly suits buyers looking for a turnkey home in a mature neighbourhood who value outdoor living space and are willing to manage the upkeep that comes with a pool and larger lot. A thoughtful perspective is that while the home is nearly 40 years old, its above-average rankings for value and size in the broader city context suggest it has been maintained as a substantial and desirable asset within its peer group.
Frequently Asked Questions
1. How does the age of the home factor into its value?
Built in 1987, the home is in a mature neighbourhood where many properties are of a similar vintage. Its high assessment ranking indicates it compares very favorably in condition and features against newer and older homes alike, suggesting significant updates or well-maintained original components.
2. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, the Elmhurst community, and all of Winnipeg. For instance, ranking in the top 7% of the city for assessed value is a strong indicator of its perceived market worth relative to the vast majority of homes.
3. Is the pool a benefit or a burden?
This depends on the buyer's lifestyle. It's a major benefit for those seeking private summer entertainment and recreation without leaving home. However, it requires seasonal maintenance, safety considerations, and ongoing costs, which some buyers may see as a drawback.
4. Who is the ideal buyer for this property?
It is ideally suited for established families or professionals seeking space and privacy. The layout and pool cater to family life and social gatherings. The buyer should be prepared for the responsibilities of maintaining a larger property, including the pool and 7,158 sqft lot.
5. Does the finished basement add significant value?
Yes, a finished basement effectively increases the usable living space beyond the main 1,881 sqft, adding flexibility for recreation, guest, or hobby rooms. This is a key feature that enhances the home's functionality and broadens its appeal.
