39 Cobourg Avenue

Glenelm, Winnipeg

Property score

61.7

Fair

Overall 61.7 · Older than most nearby homes

1,280 sqft (top 33%) · Built in 1907 (18 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby

Living Area

Near average

10% larger than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 81%French · 3%

Past 10 years Glenelm sales snapshot (~80% of all data)

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

61.7 is composed by the two sections below.

Property Score

50.4Fair
Living Area1,280 sqft66Good
Year Built190710Low
Lot Size3,127 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

78.6Good
Household Income82Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110676

Community deep dive

$94K

Median household income

$110K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)532
Labour force participation rate64%
Median age37.2
Avg household size2.7
Unemployment rate5%
Population density4433 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children25%
Median household income (2020)$94K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority9%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,280 sqft
0255075100
Same streetTop 45%Same areaTop 33%CitywideTop 43%
Same street · Cobourg Avenue
#47 / 105
Top 45% · Avg 1,250 sqft
Same area · Glenelm
#277 / 842
Top 33% · Avg 1,165 sqft
Citywide · Winnipeg
#83,403 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

below average
215k
0255075100
Same streetBottom 24%Same areaBottom 27%CitywideBottom 10%
Same street · Cobourg Avenue
#80 / 105
Bottom 24% · Avg 248.5k
Same area · Glenelm
#612 / 842
Bottom 27% · Avg 254.5k
Citywide · Winnipeg
#174,147 / 194,458
Bottom 10% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideBottom 4%

Lot Size

above average
3,127 sqft
0255075100
Same streetTop 12%Same areaBottom 44%CitywideBottom 14%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

39 Cobourg Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 500 m), 1 education (nearest 247 m), 4 parks (nearest 276 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
💪Sports1
Worship1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 12/2017CA$150k–200k
Sold price

Same street

Bottom 9%

Same area

Bottom 20%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 39 Cobourg Avenue, Winnipeg

Property Overview: 39 Cobourg Avenue, Glenelm

Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1907, is a classic Glenelm character property with practical considerations. Its 1,280 sqft living area is typical for the neighbourhood, offering a comfortable footprint. A key feature is its 3,127 sqft lot, which is notably larger than most on Cobourg Avenue, providing valuable outdoor space and potential in a mature area. The home includes a detached garage and a full, unrenovated basement.

The appeal lies in its position as a genuine fixer-upper or long-term hold in an established community. With an assessed value significantly below area averages, it presents an entry point into the neighbourhood. This property would best suit a buyer comfortable with a project, whether as a hands-on renovator looking to add value over time, or an investor seeking a property with a low tax assessment basis. Its older vintage requires a pragmatic perspective on maintenance and updates, but the above-average lot size is a lasting asset not found in newer subdivisions.

Frequently Asked Questions

1. What does "below average" assessed value mean for me?
A lower assessment typically translates to lower municipal property taxes, which is a tangible annual saving. It also often indicates the home has not been recently renovated or reassessed, reflecting its current condition.

2. The home is noted as having an unrenovated basement. What should I consider?
This means the basement is in original or utility condition. It’s crucial to budget for potential foundational, moisture, or insulation issues, and to factor in the cost of finishing it to a living standard if desired. An inspection is highly recommended.

3. How significant is the larger lot size?
In an older neighbourhood where lots are often uniform, a larger parcel is a distinct advantage. It provides more privacy, yard space, and future potential for additions, gardens, or detached structures, subject to city bylaws.

4. The home last sold in 2017. What does that price range indicate?
The sold price range from 2017 shows the market value at that time. It primarily serves to illustrate historical activity, not current value. The market has likely shifted since, so this figure should be contextualized with recent neighbourhood sales.

5. What are the pros and cons of a 1907 build?
Pros include solid craftsmanship, character details, and established neighbourhood treescape. Cons inevitably involve aging components like plumbing, electrical, windows, and insulation, which may need attention for efficiency and modern comfort.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.