Property score
86.1
Excellent
Overall 86.1 · Larger and newer than most nearby homes
1,902 sqft (top 20%) · 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
25% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
86.1 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
153 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 104 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%
153 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
153 Overwater Cove is a well-established, single-family home in Elmhurst that offers a blend of space, mature setting, and solid value. Its key appeal lies in its generous 6,670 sqft lot and a practical, fully finished layout with nearly 1,900 sqft of living space. Built in 1987, the home is situated on a quiet cul-de-sac, providing a sense of privacy and tranquility. The fully finished basement and attached garage add to its functional, family-ready appeal.
This property is particularly well-suited for buyers seeking a established neighbourhood with larger lot sizes, or those looking to get more house and land for their budget compared to newer subdivisions. It’s an ideal match for growing families, anyone who values outdoor space for gardening or recreation, or downsizers who still want a single-level living space without sacrificing room for guests or hobbies. The home’s strong rankings—especially being larger than 88% of Winnipeg homes and on a lot that surpasses 80% of the city—highlight its standout characteristics in terms of space and relative value within the market.
Frequently Asked Questions
1. What does the "relative ranking" data mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg for specific metrics like lot size, age, and assessed value. For example, being in the "top 20%" for lot size in Winnipeg means 80% of city homes sit on smaller lots, indicating a premium outdoor space.
2. Is the 1987 build date a concern?
While not a new build, the home is newer than 72% of Winnipeg's housing stock. Buyers should plan for a thorough inspection to assess the condition of major aging components like the roof, windows, and HVAC systems, which are typical for a home of this era.
3. How might the assessed value relate to the listing price?
The municipal assessment of $592,000 is a snapshot for tax purposes and often lags behind the current market. It does not dictate the sale price, but its high percentile ranking (top 8% in Winnipeg) suggests the city views it as a higher-value property, which can be a useful benchmark in negotiations.
4. What are the pros and cons of a one-storey layout?
The main advantage is single-level living, offering great accessibility and easy flow. The potential trade-off is that the footprint on a large lot may mean less yard space directly adjacent to the living areas compared to a two-storey home, and roof replacement costs can be higher relative to living space.
5. Who would benefit most from the large, fully finished basement?
Beyond extra living space, it provides excellent flexibility. It could serve as a separate entertainment zone, a private in-law suite or teen retreat, a dedicated home office, or simply ample storage—a significant asset for work-from-home households or multi-generational families.
