Property Overview: 54 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a well-established, character home in the Glenelm neighbourhood, built in 1913. With 1,628 sqft of living space, it offers more room than most homes on its street and in the wider area, placing it in the top 11-13% locally. The home features a renovated basement and a detached garage. Its recent sale in late 2024 indicates a move-in-ready property in a stable, historic community.
The appeal lies in its above-average size for the area and its sense of established character. It suits buyers looking for a home with more space than typical in a mature neighbourhood, without the footprint or maintenance of a much larger, newer property. It would particularly resonate with those who value neighbourhood consistency—the home is very typical for its specific street in terms of age and lot size, suggesting a streetscape of similar vintage homes. A thoughtful perspective is that while its assessed value is strong locally, it sits below the citywide average, which may represent a relative value opportunity within Winnipeg’s broader market for a home of this size.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,628 sqft, this home is notably larger than the average for both Cobourg Avenue (~1,250 sqft) and the Glenelm neighbourhood (~1,165 sqft).
2. What is the significance of the assessed value?
The assessed value of $28.70k is above average for the immediate area. It’s important to note that this is not a market valuation but a figure for municipal tax purposes, and it sits below the citywide average for assessed values.
3. Is the lot size typical for the area?
The 3,002 sqft lot is very close to the average for Cobourg Avenue. It is, however, smaller than the average lot for both the broader Glenelm neighbourhood and the city as a whole.
4. Can I find out the exact price it sold for in 2024?
The listed sale range is from public data. The exact sold price is available by request from the listing source, as they maintain a manual record of precise transaction figures.
5. What does the "Top X%" ranking mean for the Year Built?
A ranking of "Top 61%" for the 1913 build year means that 39% of comparable homes in the area are newer. Essentially, its age is very typical for this historic street and neighbourhood, where many homes were built in the early 20th century.