Property score
58.9
Fair
Overall 58.9 · Compared with neighbourhood average
1,216 sqft (top 40%) · Built in 1925
Located in a above-average income area with median household income of ~77k
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
Near average
4% larger than neighborhood avg.
Year Built
Near average
0 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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58.9 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
98 Cobourg Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 213 m), 2 education (nearest 98 m), 1 shopping (nearest 283 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 2% | Top 5% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 98 Cobourg Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1925, presents a compelling mix of character and practicality in the established Glenelm neighbourhood. Its key appeal lies in its significant investment potential and desirable location, as evidenced by its elite-level assessed value on its own street and above-average assessment for the wider area. This suggests the property is viewed as a premium holding within its immediate context. The living space is practical and in line with neighbourhood averages, and it benefits from a renovated basement, adding functional living area.
The property’s standout trait is its high assessment relative to its physical dimensions. The lot is smaller than most in the area, which may appeal to buyers seeking lower maintenance outdoor space without sacrificing location. This combination suits value-conscious buyers, including investors looking for a property with strong assessed value fundamentals, or owner-occupants who prioritize location and interior condition over a large yard. It’s a home that offers more in terms of perceived value and neighbourhood standing than in sheer square footage.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to the lot and living area?
The assessed value, which is elite for the street and above average for Glenelm, is likely driven by the home's condition, specific improvements (like the renovated basement), and its desirability within this specific location. It reflects the property's premium market position in a sought-after pocket of the neighbourhood.
2. What does the smaller lot size mean for me?
The lot is below average in size for both the street and Glenelm. This typically translates to less yard maintenance, which can be a benefit for those seeking a lower-upkeep property. However, it may limit options for large additions, decks, or extensive landscaping.
3. How does the sold price history relate to the assessed value?
The most recent sold price range (July 2024) is closely aligned with the current assessed value. This indicates the assessment is recent and reflects very recent market activity, providing a solid benchmark for the property's worth.
4. Is a home from 1925 a concern?
While the age is average for the area, a 101-year-old home will have its own character and potential needs. The renovated basement is a positive update, but buyers should still budget for and investigate the condition of major aging components like the roof, plumbing, and electrical systems.
5. Who are the typical neighbours or buyers in this area?
Given the high assessment relative to lot size, the area likely attracts a mix of long-term residents who value the established community and newer buyers or investors who appreciate the character of Glenelm and are making strategic purchases based on value and location over expansive property size.
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