Property Overview: 134 Cobourg Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a solid, value-conscious opportunity in the established Glenelm neighborhood. Built in 1945, it is notably newer than many surrounding homes, which may suggest updated infrastructure or fewer concerns associated with very early 20th-century construction. With 1,125 sqft of living space, the house is functionally sized and aligns with neighborhood norms.

Its primary appeal lies in its lot size and positional value within its immediate context. The 3,898 sqft land parcel is significantly larger than the average lot on Cobourg Avenue, offering above-average outdoor space and potential. The assessed value of $265k is above average for the street, indicating that municipal assessment sees relative strength here, yet it remains well below the Winnipeg city average, highlighting Glenelm's affordability.

This property would suit a pragmatic first-time buyer or an investor looking for a character-home in a mature neighborhood without the premium price tag of newer city areas. It’s also a fit for those who value a larger yard over a larger house and appreciate a home that stands out for its era on a street of mostly older houses.

Section 2: Frequently Asked Questions

1. Is this a good value compared to the neighborhood?
The data suggests a balanced value. The assessed value is above the street average but aligns with the broader neighborhood. You’re paying a slight premium relative to the immediate street, possibly for the larger lot and newer build year, but still within a very affordable range for Winnipeg.

2. The house seems smaller than the city average. Is that a concern?
While below the citywide average for living space, the home is squarely average for the Glenelm area. This reflects the character of established, pre-war neighborhoods where efficient use of space is common. The trade-off is often a larger lot and a more affordable entry point.

3. What does the "elite" ranking for year built mean?
Ranked in the top 5% on its street, it simply means 134 Cobourg is one of the newest houses on a street with many homes built in the 1910s and 1920s. This is a relative advantage on Cobourg Avenue, suggesting potentially less wear and more modern construction materials than its immediate neighbors.

4. How reliable is the sold price history shown?
The page states no sales history is displayed for this listing. The site notes its data is from public sources, not the MLS, and offers to manually provide exact figures upon request. For verified sale history, direct inquiry is necessary.

5. What are the immediate comparable properties?
Nearby references like 128 Cobourg Ave (1,162 sqft, $270k) and 116 Cobourg Ave (1,144 sqft, $242k) are useful benchmarks. They show similar-sized homes on the same street with assessed values in a tight range, helping to ground this property’s market position.