42 Cobourg Avenue

Property Overview: 42 Cobourg Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic two-storey home in the Glenelm neighbourhood, built in 1914. With 1,424 sqft of living space, it offers more room than many comparable homes on its street and in the immediate area. The property includes a detached garage and a standard city lot of just over 3,000 sqft. Notably, the basement is present but not renovated, representing a clear opportunity for future customization.

The primary appeal lies in its solid, above-average footprint for the locale and its position in a well-established community. The home’s assessed value is modest relative to the wider city, which may translate to a manageable property tax burden. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values character and location over modern finishes. This buyer should be prepared for the maintenance typical of a 110-year-old house and see potential in a home that offers space to grow into, rather than a turn-key solution. A less obvious perspective is that its "average" metrics within Glenelm suggest it’s a quintessential example of the neighbourhood, offering stability without the premium of a fully renovated or outlier property.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,424 sqft, this home is larger than the average for both Cobourg Avenue (approx. 1,250 sqft) and the Glenelm neighbourhood (approx. 1,165 sqft).

2. What should I know about the basement?
The listing confirms the basement exists but is not renovated. Buyers should budget for any desired improvements and consider a thorough inspection to understand its current condition and potential.

3. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the street and Glenelm, but is below the citywide average, which may indicate a proportionally lower property tax bill.

4. What is the history of sales for this property?
The last recorded sale was in July 2022. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.

5. How does the lot size compare?
The 3,001 sqft lot is slightly below the average for the Glenelm neighbourhood but is a standard size for an inner-city property. It provides typical yard space for the area.