Property score
57.2
Fair
Overall 57.2 · Newer than most nearby homes
1,166 sqft (top 46%) · Built in 1942 (17 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
0% larger than neighborhood avg.
Year Built
Above average
17 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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57.2 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
126 Cobourg Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 111 m), 2 education (nearest 192 m), 1 shopping (nearest 204 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 47% | Top 40% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 126 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1942, presents a solid opportunity in Winnipeg's Glenelm neighborhood. Its key appeal lies in a combination of strong assessed value and a renovated basement, set within a well-established, mature community.
The 1,166 sqft living space is average for the area, but the property stands out for its above-average assessed value relative to both the street and the wider Glenelm area, suggesting it is viewed favorably by municipal assessors. The detached garage and renovated basement add practical utility. While the lot size is somewhat compact compared to city-wide averages, this is typical for the neighborhood and can mean lower maintenance.
This home would suit a first-time buyer or a downsizer looking for a move-in ready character home without the upkeep of a large yard. It’s also a prudent choice for value-oriented buyers who appreciate a home with strong assessment fundamentals in a quiet, established area. A less obvious perspective is that its higher assessment on a street of similar-aged homes could indicate specific updates or conditions that are recognized in its valuation, warranting a closer look.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The details state the basement is renovated but do not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
2. How does the assessed value compare to likely selling price?
The assessed value is notably high for the immediate area. It’s important to understand that municipal assessment is for tax purposes and can differ from market value. Recent sold price history and a professional appraisal will provide a clearer market picture.
3. What are the implications of the smaller lot size?
The land area is below average for Glenelm and the city. This typically translates to less outdoor maintenance but also limited potential for expansions or additions. It’s worth checking setback requirements and any restrictive covenants.
4. How does the age of the home affect insurance and maintenance?
Built in 1942, the home’s major systems (roof, plumbing, wiring) may have been updated, but their age and condition should be a focus of inspection. Some insurance providers may have specific requirements for older homes.
5. Why is there a range for the past sold price instead of an exact figure?
Exact sold prices are not always publicly available in Manitoba. The provided range is based on public data estimates. The listing service offers to provide the exact figure via email to ensure accuracy for serious inquiries.
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