Property score
85.8
Excellent
Overall 85.8 · Larger and newer than most nearby homes
2,045 sqft (top 13%) · Built in 1990 (10 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
34% larger than neighborhood avg.
Year Built
Above average
10 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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85.8 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
173 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 145 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%
173 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: 173 Overwater Cove
This two-storey family home in Elmhurst offers established comfort on a generous, nearly 6,000 sqft lot. Built in 1990, its 2,045 sqft of living space includes a finished basement and an attached garage. The property presents a compelling value proposition, with its assessment value ranking highly within both the wider Winnipeg area and the Elmhurst community itself. Its appeal lies in the balance of space, mature neighbourhood character, and a position that offers more house and land for the dollar compared to newer subdivisions. This home would suit practical buyers—growing families or those looking to upsize—who prioritize interior space and lot size over a brand-new build and appreciate a home with established infrastructure in a quiet cul-de-sac setting. A thoughtful perspective is that while the home is 36 years old, this also means its major systems and neighbourhood greenery are long-settled, potentially offering predictable upkeep compared to brand-new homes that may have initial settling issues.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value places it in the top 10% of properties in Elmhurst and Winnipeg, suggesting it is a above-average offering for its size and location relative to the broader market.
2. Is the lot size a significant feature?
Yes. At nearly 6,000 sqft, the lot is larger than over 90% of homes on its street, providing ample private outdoor space—a premium in many mature neighbourhoods where lots are often smaller.
3. What does the "ranking" data for age and size indicate?
The rankings show the home is newer than most in Elmhurst (top 15%) but has more living space than almost all homes in Winnipeg (top 9%). This indicates you get a relatively modern home in an older area, with interior space that is well above the city average.
4. Who might this property not suit?
Buyers seeking a modern, open-concept layout or a brand-new, maintenance-free home may find the 1990s floor plan and age of components like windows or roof less appealing. It's best for those comfortable with some planned updates over time.
5. What is the immediate neighbourhood like?
Located on a cul-de-sac, the home likely benefits from lower traffic and a quieter, safer environment for children, which is a key but less-advertised benefit of its specific location on Overwater Cove.
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