Property score
85.3
Excellent
Overall 85.3 · Larger and newer than most nearby homes
1,827 sqft (top 26%) · 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
20% 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
145 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 135 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 6% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 145 Overwater Cove
This well-established Elmhurst bungalow offers a blend of space, privacy, and recreational amenities on a large, mature lot. Built in 1987, its key appeal lies in its single-level living, a fully finished basement, and a private in-ground swimming pool—a rare combination in the area. The home sits on over 7,150 sqft of land, providing a generous and secluded backyard oasis. With an assessed value significantly lower than its last sale price in 2021, it presents an interesting value proposition in the current market.
The property would particularly suit buyers seeking a move-in ready home with minimal stairs, such as downsizers or young families looking for a recreational backyard. Its strong rankings in assessed value and past sale price within Winnipeg suggest it's a premium offering in its class, appealing to those who prioritize lot size and private amenities over a brand-new build. A thoughtful perspective is that while the home's age places it in the older half on its street, it ranks as newer than most in the broader community, indicating a well-built era for the neighborhood.
Frequently Asked Questions
1. How does the 2021 sale price compare to the current asking price?
The provided data shows a sale price of $660,000 in May 2021. The current asking price is not listed in this summary, so a direct comparison requires checking the latest listing. The assessment value is noted at $586,000.
2. What is the practical benefit of the property's ranking data?
The rankings show how this home compares to others in key metrics. For instance, it ranks in the top 16% of Winnipeg for lot size and top 14% for living area, confirming its above-average space. Conversely, its build year is newer than 79% of homes in Elmhurst, offering context on its place in the community's timeline.
3. Is the basement included in the 1,827 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade, finished space. The home has a fully finished basement, which adds significant additional living space not reflected in that 1,827 sqft figure.
4. What might the high assessment and past sale rankings indicate?
Ranking in the top 8-10% of the community and city for assessed value and past sale price suggests this has been considered a higher-value property within its market segment. This can point to desirable location, lot features, or property condition, but should be verified with a current viewing and market analysis.
5. Who might this home not be ideal for?
Given its one-storey design and established nature, it may be less suited for buyers seeking a modern, multi-story layout or those unwilling to manage the maintenance that comes with a larger lot, a pool, and a home approaching 40 years of age.
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