149 Overwater Cove

Elmhurst, Winnipeg

Property score

86.4

Excellent

Overall 86.4 · Larger and newer than most nearby homes

1,978 sqft (top 17%) · 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

30% 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)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

86.4 is composed by the two sections below.

Property Score

85.8Excellent
Living Area1,978 sqft92Excellent
Year Built198778Good
Lot Size7,157 sqft88Excellent
Neighbourhood Sales Activity37Low

Community Score

87.2Excellent
Household Income91Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)463
Labour force participation rate62%
Median age45.2
Avg household size2.7
Unemployment rate10%
Population density1543 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children41%
Median household income (2020)$127K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority5%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,978 sqft
0255075100
Same streetTop 47%Same areaTop 17%CitywideTop 11%
Same street · Overwater Cove
#16 / 34
Top 47% · Avg 2,027 sqft
Same area · Elmhurst
#252 / 1,480
Top 17% · Avg 1,523 sqft
Citywide · Winnipeg
#22,071 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
529k
0255075100
Same streetBottom 24%Same areaTop 20%CitywideTop 15%
Same street · Overwater Cove
#26 / 34
Bottom 24% · Avg 583.8k
Same area · Elmhurst
#301 / 1,480
Top 20% · Avg 460.2k
Citywide · Winnipeg
#30,040 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 35%Same areaTop 13%CitywideTop 25%

Lot Size

above average
7,157 sqft
0255075100
Same streetBottom 44%Same areaTop 49%CitywideTop 16%

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

149 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 120 m).

Search radius
🌳Parks2
⛪Worship1

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%

Full crime data for Elmhurst →Winnipeg crime overview →

Sales History

149 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.

Related homes

Highlights & common questions: 149 Overwater Cove, Winnipeg

Property Overview

This 1987-built, four-level split home at 149 Overwater Cove offers a well-proportioned and private family living space on a large, 7,157 sqft lot in Elmhurst. Its key appeal lies in its balance of space, location, and value. With nearly 2,000 sqft of finished living area, a developed basement, and an attached garage, it provides practical, multi-level living. The property stands out for its lot size, ranking in the top 16% of Winnipeg for land area, which offers ample outdoor privacy and potential. The home also ranks highly for its above-average living space within the city (top 10%) and its relatively newer build date for the community (top 21%). It would suit buyers looking for a established, spacious home in a mature neighbourhood without the premium price of a new build, ideal for a family that values both indoor room to grow and a substantial, usable yard.

Key Details & Questions

  • What is the layout of a four-level split? This style typically features short flights of stairs separating living, sleeping, and recreational areas, creating defined zones. It can be efficient but involves more stairs than a bungalow or two-storey.
  • How does the assessed value relate to the asking price? The municipal assessment is $529,000, providing a benchmark. The listing price may differ based on market conditions, updates, and seller motivation.
  • What does the lot size ranking mean? Ranking in the top 16% city-wide for lot size is a significant advantage, indicating more outdoor space and privacy than most Winnipeg homes—a feature that is increasingly rare.
  • Is the basement fully finished? Yes, the listing confirms the basement is developed, adding to the home's functional living space.
  • What is the neighbourhood like? Elmhurst is a mature, established community. The high ranking for the home's age within the neighbourhood (top 21%) suggests it is one of the newer homes in the area, potentially with newer core components.

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