Property Overview: 122 Cobourg Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the Glenelm neighborhood presents a solid, renovated foundation in a well-established area. With 1,228 sqft of living space, it sits around the average size for the street and city, offering comfortable room for a small family or couple. A key feature is the renovated basement, which adds valuable functional space. The detached garage provides practical storage or parking.

The primary appeal lies in its position as a well-maintained, move-in-ready character home in a mature community. The assessed value of $290k ranks notably above average for both Cobourg Avenue and Glenelm, suggesting the property is in good condition relative to its immediate peers. However, the lot is smaller than most in the area (2,998 sqft), which may appeal to buyers seeking lower outdoor maintenance without sacrificing a private yard.

This home would best suit practical buyers who value neighborhood character over sheer size—those looking for a cozy, updated home without the premium of a large lot. It’s a sensible choice for first-time homeowners or downsizers who want the stability of an established area like Glenelm, with the benefits of recent updates already in place.

Section 2: Frequently Asked Questions

1. What does the assessed value ranking actually tell me?
While the $290k assessment is below the Winnipeg city average, it ranks in the top 22% for the Glenelm area. This indicates the property is likely in better condition or has more desirable features than many comparable homes nearby, which is a positive sign for its upkeep.

2. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is smaller than most on the street and in the city, which means less space for extensive gardening or large additions. However, it also translates to less yard work and can make the property more affordable and manageable, which many buyers appreciate.

3. The home was built in 1940. What should I consider?
While the core structure is older, the renovated basement indicates updates have been made. Buyers should still prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, even if recent renovations are present.

4. How does this property compare to others on the same street?
The data shows it has a slightly smaller living area and a notably smaller lot than the street average. Its advantage is its above-average assessed value for the street, suggesting its renovated condition or specific features help it stand out positively among its direct neighbors.

5. Where can I find the exact historical sale price?
The listing service provides an estimated sale price range from February 2017. To obtain the exact sale price, you must request it directly via the email prompt provided on the listing page. This is a manual process they use to verify serious inquiries.