Property Overview: 53 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in the established Glenelm neighbourhood presents a compelling mix of character and practicality. Built in 1942, it is notably newer than many surrounding homes, offering potential advantages in foundational integrity and systems. With 1,128 sqft of living space and a renovated basement, the home provides functional space that is competitive for the area. A key standout is its assessed value of $29,500, which ranks well above average for both its street and neighbourhood, suggesting a perception of solid value or improvements relative to nearby properties.
The appeal lies in its balanced position within a mature community. It sits on a 3,077 sqft lot that is spacious for the street, offering decent outdoor space without the maintenance burden of a much larger city plot. The presence of a detached garage adds utility and storage. This property would suit a first-time buyer or a downsizer looking for an established, no-pool neighbourhood with a strong sense of community. It’s a home for someone who appreciates a house with a bit more recent vintage than its peers and values a renovated basement as ready living space, not a project.
Frequently Asked Questions
1. What does the above-average assessed value indicate?
A higher assessed value compared to neighbours can reflect recent renovations (like the basement update), better overall condition, or desirable lot attributes. It’s important to review recent tax statements and consider a current appraisal, as assessed value is for taxation and not a direct market valuation.
2. How does the home’s age (1942) compare?
While 84 years old, this home is actually newer than the average house on its street and in Glenelm. This can be a positive, potentially meaning updates to original building materials or systems have already been addressed over the decades.
3. Is the living space sufficient for a small family?
At 1,128 sqft, it is slightly below the neighbourhood average. The renovated basement effectively adds to the usable living area, making it workable for a small family, but the main floor footprint is characteristic of its era. Openness may depend on the layout.
4. What are the implications of the lot size?
The lot is above average for Cobourg Avenue, providing good private outdoor space for the location. City-wide, lots are typically larger, so this is a standard in-fill neighbourhood lot. It balances yard space with manageable upkeep.
5. Where can I find exact historical sale prices?
The listed sale price ranges are derived from public data. For precise sale figures, you must request the information directly via the provided email service, which manually supplies accurate records from their records.