87 Cobourg Avenue

Glenelm, Winnipeg

Property score

63.4

Fair

Overall 63.4 · Larger than most nearby homes

1,392 sqft (top 24%) · Built in 1913 (12 yrs older than avg)

Located in a above-average income area with median household income of ~79k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 3 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Below average

12 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

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Property score

63.4 is composed by the two sections below.

Property Score

54.6Fair
Living Area1,392 sqft71Good
Year Built191316Low
Lot Size3,075 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

76.5Good
Household Income76Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110677

Community deep dive

$79K

Median household income

$90K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

31%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)441
Labour force participation rate70%
Median age36.8
Avg household size2.3
Unemployment rate8%
Population density4009 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households31%
Couple families with children21%
Median household income (2020)$79K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority12%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

above average
1,392 sqft
0255075100
Same streetTop 27%Same areaTop 24%CitywideTop 36%
Same street · Cobourg Avenue
#28 / 105
Top 27% · Avg 1,250 sqft
Same area · Glenelm
#198 / 842
Top 24% · Avg 1,165 sqft
Citywide · Winnipeg
#70,059 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
252k
0255075100
Same streetTop 46%Same areaTop 43%CitywideBottom 18%
Same street · Cobourg Avenue
#48 / 105
Top 46% · Avg 248.5k
Same area · Glenelm
#361 / 842
Top 43% · Avg 254.5k
Citywide · Winnipeg
#160,206 / 194,458
Bottom 18% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 39%Same areaBottom 39%CitywideBottom 10%

Lot Size

above average
3,075 sqft
0255075100
Same streetTop 29%Same areaBottom 39%CitywideBottom 13%

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

87 Cobourg Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 278 m), 2 education (nearest 37 m), 1 shopping (nearest 351 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks3
Worship4
🏛️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 7/2017CA$200k–250k
Sold price

Same street

Bottom 47%

Same area

Top 45%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 87 Cobourg Avenue, Winnipeg

Property Summary: 87 Cobourg Avenue, Winnipeg

Key Characteristics & Appeal

This is a classic two-storey home built in 1913, situated in the Glenelm neighbourhood. Its key characteristic is a well-proportioned, above-average living space (1,392 sq ft) for both its immediate street and the broader neighbourhood, offering more room than many comparable local homes. The property features a renovated basement and a detached garage on a standard city lot.

The appeal lies in its established location and practical layout. For buyers, it represents a solid, middle-of-the-road option within its specific community—neither the largest nor the newest on the block, but offering reliable space in a mature area. It would particularly suit a buyer looking for a character home without the extreme maintenance often associated with century-old properties, or a practical investor or homeowner who values neighbourhood consistency over standout luxury. A thoughtful perspective is that while its assessed value is modest citywide, its rankings suggest it is a very typical and stable property within Glenelm itself, indicating a predictable and established market position.

Frequently Asked Questions

1. Is the living space actually larger than most homes in the area?
Yes. The living area ranks in the top 27% on Cobourg Avenue and the top 24% in Glenelm, meaning it offers more interior space than many of its direct neighbours and area peers.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes and is typical for the Glenelm area. The very low city-wide average comparison is likely skewed by including a vast number of properties from newer, suburban areas with different market conditions.

3. What does the "around average" ranking for Year Built mean?
Built in 1913, the home is older than most in Winnipeg overall. However, within the context of Glenelm and Cobourg Avenue—both established neighbourhoods—its age is very typical, ranking near the middle of homes in those specific groups.

4. How recent was the basement renovation?
The provided details confirm the basement is renovated but do not specify the date or scope of the work. This would be a key point for further inquiry with the seller or listing agent.

5. Can I get the exact historical sold price instead of the range shown?
Yes. The exact sold price history is available by request via email. The published ranges are derived from public data, but the service provides precise figures upon direct contact.

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