104 Cobourg Avenue

Glenelm, Winnipeg

Property score

41.0

Below average

Overall 41.0 · Smaller but newer than most nearby homes

657 sqft (bottom 2%) · Built in 1941 (16 yrs newer than avg)

Located in a above-average income area with median household income of ~77k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 3 parks nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 4%

Past 10 years Glenelm sales snapshot (~80% of all data)

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

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Property score

41.0 is composed by the two sections below.

Property Score

21.1Low
Living Area657 sqft15Low
Year Built194124Low
Lot Size2,998 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

70.9Good
Household Income75Good
Education Level54Fair
Housing Stress74Good
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

Glenelm

How to read: Share of sales in each ~$50k price band for “glenelm” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110678

Community deep dive

$77K

Median household income

$84K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

22%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)549
Labour force participation rate70%
Median age35.2
Avg household size2.5
Unemployment rate9%
Population density5490 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children24%
Median household income (2020)$77K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
657 sqft
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 2%
Same street · Cobourg Avenue
#104 / 105
Bottom 1% · Avg 1,250 sqft
Same area · Glenelm
#829 / 842
Bottom 2% · Avg 1,165 sqft
Citywide · Winnipeg
#190,723 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
233k
0255075100
Same streetBottom 38%Same areaBottom 41%CitywideBottom 14%
Same street · Cobourg Avenue
#65 / 105
Bottom 38% · Avg 248.5k
Same area · Glenelm
#495 / 842
Bottom 41% · Avg 254.5k
Citywide · Winnipeg
#167,933 / 194,458
Bottom 14% · Avg 390.1k

Year Built

above average
1941
0255075100
Same streetTop 13%Same areaTop 16%CitywideBottom 20%

Lot Size

below average
2,998 sqft
0255075100
Same streetBottom 13%Same areaBottom 21%CitywideBottom 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

104 Cobourg Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 188 m), 2 education (nearest 112 m), 1 shopping (nearest 262 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks3
Worship4
🏛️Government1

Crime & Safety

Glenelm · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

69%

Sales History

Sold 2/2024CA$200k–250k
Sold price

Same street

Bottom 45%

Same area

Top 46%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 104 Cobourg Avenue, Winnipeg

Property Summary: 104 Cobourg Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1941, situated on a standard city lot in the Glenelm neighbourhood. Its key characteristic is its modest scale, with a living area of 657 sqft that is notably smaller than most comparable homes in the immediate area, on the street, and citywide. The property features a detached garage and an unrenovated basement.

The appeal lies in its simplicity and affordability. With an assessed value that is average for its street and neighbourhood but well below the city average, it represents a lower barrier to entry into the Winnipeg housing market. The home is newer than most on its block, which can be a positive for foundational integrity relative to its peers. It suits a very specific buyer: those seeking a minimalist footprint, such as a first-time buyer comfortable with a project, an investor looking for a straightforward rental property, or someone seeking to downsize into a manageable, no-frills home. Its value is in the land and location more than the current structure, offering a potential foundation for future expansion or redevelopment.

Frequently Asked Questions

1. Why is the living space so much smaller than nearby homes?
This home was built in 1941, later than many on its street, and reflects a more modest, efficient post-war design. Its footprint is simply smaller, which is a key factor in its pricing.

2. The assessed value seems very low compared to the city average. Is this accurate?
Yes. The assessment reflects the home's small size and unrenovated state. It is important to note that assessed value for tax purposes is not market value, but here it indicates the property is priced far below the typical Winnipeg home.

3. What does "above average" for Year Built mean in this context?
It means the home (built in 1941) is newer than most of its direct neighbours. On Cobourg Avenue, the average comparison home was built around 1922. This can sometimes imply relatively newer systems, though a full inspection is always necessary.

4. Who would this property not be suitable for?
It would not suit buyers needing move-in-ready finishes, multiple bedrooms, or generous living space. Families or those who work from home and need dedicated office areas may find the layout too compact.

5. What are the main considerations for a buyer here?
The primary considerations are the need for potential updates and the creative use of limited space. The unrenovated basement and small main floor area mean any changes to gain functionality or modern comforts will require investment and planning. The value is in the opportunity, not the present condition.

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