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)
367
261.1k
$330/sqft
1925
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41.0 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110678
$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
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
106 Cobourg Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 180 m), 2 education (nearest 118 m), 1 shopping (nearest 256 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 32% | Bottom 29% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 23% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 106 Cobourg Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home in Winnipeg's Glenelm neighborhood, built in 1941. With 657 sqft of living space, it is notably smaller than most homes in the area, placing it in the top 1% for compact size locally. The basement has been renovated. The property sits on a just-under-3,000 sqft lot, which is modest for the city but typical for the street. Its assessed value is very low compared to the Winnipeg average, but aligns with the norms for Glenelm and Cobourg Avenue.
The primary appeal lies in its affordability and efficiency. It represents a genuine entry point into homeownership with very low property taxes, suited for a minimalist lifestyle or as a strategic investment property. It would best suit a first-time buyer on a tight budget, an investor looking for a low-cost rental, or someone seeking a modest, manageable footprint without the upkeep of a larger home. A less obvious perspective is its value for someone interested in "right-sizing"; the small scale forces intentional living and could mean significantly lower utility and maintenance costs. Additionally, while older, it was built decades after many neighboring homes, potentially implying somewhat more modern construction for its era.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values in Manitoba are based on a mass appraisal system and are heavily influenced by local market areas. This home's value is consistent with the lower average values found in the Glenelm neighborhood and on Cobourg Avenue specifically.
2. What does the "top 99%" ranking for living area mean?
This statistic means the home's living area is smaller than 99% of comparable reference homes in its immediate area. It is a clear indicator that this is a notably compact property, not a standard-sized house.
3. Has the property value increased?
Based on the sold price ranges shown, the property likely appreciated between its 2020 and 2025 sales. However, for the exact sale prices necessary to calculate precise appreciation, you must request the data via the provided email service.
4. Is the small lot size a disadvantage?
It depends on your goals. The lot is below the city average but is standard for the street. It offers minimal yard maintenance, which is a plus for some, but provides limited space for expansions, additions, or extensive outdoor living areas.
5. What are the implications of the renovated basement?
A renovated basement in a home of this size is a significant functional upgrade. It effectively adds usable living space, which is crucial in a 657 sqft main floor, potentially creating room for a home office, extra bedroom, or recreational area that the main floor cannot accommodate.
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