Property score
56.6
Fair
Overall 56.6 · Older than most nearby homes
1,034 sqft (bottom 40%) · Built in 1910 (15 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
11% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 81%French · 3%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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56.6 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: #46110676
$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
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
45 Cobourg Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 473 m), 1 education (nearest 220 m), 4 parks (nearest 288 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 30% | Bottom 37% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 13% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 45 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a classic two-storey home built in 1910, presenting a solid opportunity in Winnipeg's Glenelm neighbourhood. Its key characteristic is balance: with 1,034 sqft of living space, it sits comfortably within the average range for the area, making it a manageable size. The lot size of 3,076 sqft is notably above average for Cobourg Avenue itself, offering more outdoor space than many immediate neighbours—a valuable asset in an established community. The home features a detached garage and an unrenovated basement, indicating it's a genuine fixer-upper or blank canvas.
The appeal lies in its positioning as an entry-point into a character neighbourhood. The assessed value is modest relative to the wider city, suggesting potential affordability. It suits a practical, hands-on buyer—perhaps a first-time homeowner comfortable with gradual updates, or an investor looking for a rental property in a central location. The data shows it’s not the newest or largest home, but its value is grounded in its lot size and neighbourhood context. A thoughtful perspective is recognizing that an older, unrenovated home on a good-sized lot in a stable area often holds more long-term potential than a fully modernized home on a tiny lot, as the land provides inherent value and the improvements can be tailored to the owner's taste and budget.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It generally indicates the basement is in original or functional condition, but not modernized. Expect basic finishes, older mechanical systems (like the furnace or wiring), and potential for moisture management or insulation upgrades. It represents both a current cost-saver and a future project opportunity.
2. How significant is the 1910 build date?
Very significant. Homes from this era were built with durable materials like true-dimension lumber and plaster, but they also come with expectations. Updating electrical, plumbing, and insulation to modern standards is a common and important consideration. The charm comes with a responsibility for diligent maintenance.
3. The assessed value seems low compared to city averages. Why?
Municipal assessed value for taxation purposes often lags behind market value, especially in older neighbourhoods undergoing change. A low assessment can mean lower property taxes, but the eventual sale price is determined by the market, not this assessment.
4. Is the above-average lot size a major advantage?
In an established neighbourhood where lots are often subdivided, a larger lot is a tangible asset. It provides more privacy, yard space, and potential for additions, gardens, or parking. It's a feature that cannot be replicated or added later.
5. Based on the sold price history, has this property appreciated?
The data shows a sale in the $14.5k-$17.5k range in 2016 and a sale in the $19.5k-$22.5k range in 2017. This indicates an increase over that one-year period, but market conditions have evolved since. For a precise current valuation and understanding of longer-term trends, consulting a local real estate professional is essential.
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