Property score
85.0
Excellent
Overall 85.0 · Larger and newer than most nearby homes
1,810 sqft (top 27%) · 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
19% 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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85.0 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
183 Overwater Cove — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 159 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%
183 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
This 1987-built, two-storey home on a large, 6,697 sqft lot in Elmhurst presents a practical and spacious family living option. Its key appeal lies in its generous proportions and established neighbourhood setting. With 1,810 sqft of living space and a finished basement, it offers ample room for growth. The property's standout characteristic is its land size, which ranks in the top 20% across Winnipeg, providing significant outdoor space—a relative rarity. Its assessed value also ranks highly (top 13% citywide), suggesting solid underlying value for the area.
The home would suit buyers prioritizing space over turn-key luxury, such as growing families or those seeking a property with room to expand or garden. It’s a practical choice for someone comfortable with a home of this vintage, possibly looking to personalize it over time. The lack of a garage is a trade-off for the large yard, making it less ideal for those requiring protected parking but appealing for those valuing outdoor recreation or landscaping potential.
Frequently Asked Questions
1. How does the home’s age affect maintenance?
Built in 1987, major components like the roof, windows, and mechanical systems are likely within or approaching their typical renewal periods. A thorough inspection is advised to budget for upcoming updates, which is common for homes of this era.
2. What does the high assessment value ranking mean?
Ranking in the top 13% in Winnipeg for assessed value indicates the city’s assessment places it above most properties in terms of worth. This can be a sign of a strong underlying property value for the area, though the final market price is determined by buyer competition.
3. Is the lot size a major advantage?
Yes. The lot size ranks in the top 20% citywide, which is a significant asset. It offers superior outdoor space for play, gardening, or future additions like a deck or garage, compared to many newer properties on smaller lots.
4. The home ranks lower for size on its own street. Should I be concerned?
While it surpasses 76% of homes in the broader community for living space, its ranking on its specific street (top 79%) suggests the immediate block may have larger homes. This isn’t necessarily negative—it means the neighbourhood is consistently desirable, and the property still offers substantial interior space.
5. What are the implications of having no garage?
This requires planning for vehicle parking, storage, and winter vehicle preparation. The large lot does offer potential to add a garage in the future, subject to local bylaws and budget, which could be a strategic long-term improvement.
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