Property score
57.9
Fair
Overall 57.9 · Newer than most nearby homes
1,144 sqft (top 49%) · Built in 1945 (20 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 2 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
20 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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57.9 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
116 Cobourg Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 142 m), 2 education (nearest 153 m), 1 shopping (nearest 227 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 | Bottom 28% | Bottom 35% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 116 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This 1,144 sqft one-and-a-half storey home, built in 1945, presents a solid, no-fuss opportunity in the established Glenelm neighborhood. Its core appeal lies in its renovated basement and its position as a statistically average home within its immediate area, offering a sense of stability and predictability. While the living space and assessed value are typical for Glenelm and Cobourg Avenue, the property stands out for its newer build date compared to most neighbors, potentially implying fewer immediate concerns associated with very aged infrastructure. The lot is modest, especially by city-wide standards, which translates to lower maintenance.
This home would suit a pragmatic first-time buyer or an investor looking for a straightforward, move-in-ready property in a central community without premium pricing for extra land or size. It’s for someone who values a renovated basement space and a home that aligns with neighborhood norms over standout features or expansive outdoor space.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is significantly lower than the city-wide average, but is directly in line with averages for both Cobourg Avenue and the broader Glenelm area. This indicates the assessment reflects local market conditions, not an outlier. For a realistic market value, recent sold prices on the street are a more direct guide.
2. What does the "newer" 1945 build year mean practically?
While still an older home, being built decades after many on the street (average 1922) can be an advantage. It may mean systems, foundational materials, or architectural layouts are somewhat more modern, potentially reducing the need for updates that much older heritage-style homes often require.
3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below average for the area, which limits expansive gardening or large additions. However, it also means less yard work, lower landscaping costs, and often a more manageable property—an appealing trade-off for those seeking convenience.
4. What can the sold price history tell me?
The last recorded sale was between $19.5k and $22.5k in mid-2019. This historical data is useful for understanding price trends on this specific street, but it is essential to request the exact sold price and consult current market evaluations to understand today’s value.
5. Who are the most comparable properties?
The most meaningful comparisons are the direct neighbors on Cobourg Avenue, as the data shows this home’s characteristics are most aligned with its immediate surroundings. Broader Glenelm or city-wide comparisons are less relevant due to significant variations in lot size and build era.
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