Property Summary: 87 Cobourg Avenue, Winnipeg
Key Characteristics & Appeal
This is a classic two-storey home built in 1913, situated in the Glenelm neighbourhood. Its key characteristic is a well-proportioned, above-average living space (1,392 sq ft) for both its immediate street and the broader neighbourhood, offering more room than many comparable local homes. The property features a renovated basement and a detached garage on a standard city lot.
The appeal lies in its established location and practical layout. For buyers, it represents a solid, middle-of-the-road option within its specific community—neither the largest nor the newest on the block, but offering reliable space in a mature area. It would particularly suit a buyer looking for a character home without the extreme maintenance often associated with century-old properties, or a practical investor or homeowner who values neighbourhood consistency over standout luxury. A thoughtful perspective is that while its assessed value is modest citywide, its rankings suggest it is a very typical and stable property within Glenelm itself, indicating a predictable and established market position.
Frequently Asked Questions
1. Is the living space actually larger than most homes in the area?
Yes. The living area ranks in the top 27% on Cobourg Avenue and the top 24% in Glenelm, meaning it offers more interior space than many of its direct neighbours and area peers.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes and is typical for the Glenelm area. The very low city-wide average comparison is likely skewed by including a vast number of properties from newer, suburban areas with different market conditions.
3. What does the "around average" ranking for Year Built mean?
Built in 1913, the home is older than most in Winnipeg overall. However, within the context of Glenelm and Cobourg Avenue—both established neighbourhoods—its age is very typical, ranking near the middle of homes in those specific groups.
4. How recent was the basement renovation?
The provided details confirm the basement is renovated but do not specify the date or scope of the work. This would be a key point for further inquiry with the seller or listing agent.
5. Can I get the exact historical sold price instead of the range shown?
Yes. The exact sold price history is available by request via email. The published ranges are derived from public data, but the service provides precise figures upon direct contact.