Property Overview: 69 Cobourg Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1912, presents a classic Glenelm character home with practical updates. Its key characteristics are grounded in its established neighbourhood context. With 1,168 sqft of living space and a 3,074 sqft lot, it sits squarely in the average range for the immediate street and the broader Glenelm area, offering a manageable size for many buyers. A notable feature is the renovated basement, which adds valuable finished space. The detached garage provides flexible storage or workshop potential.
The appeal lies in its location within a sought-after, mature neighbourhood and the value derived from its recent basement renovation. It suits first-time homebuyers looking for a solid entry into a stable community, or perhaps downsizers seeking a character-filled home without an overly large footprint. A thoughtful perspective is that its "average" metrics for the area are actually a strength—it represents a typical, well-priced Glenelm property without the premium or challenges of an outlier, making it a sensible and predictable investment in a desirable locale.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The home's assessed value is around $25,500, which is typical for Glenelm. However, assessed value for taxation purposes often differs from market value. The last recorded sale was in 2017 for an estimated $20,500-$23,500k, so a current market appraisal would be essential.
2. What should I consider with a home from 1912?
While the basement has been renovated, the home's age means potential buyers should pay special attention to the condition of core elements like the foundation, original plumbing and electrical systems, and the roof. A thorough inspection is highly recommended.
3. Is the living space sufficient for a growing family?
At just under 1,200 sqft, the space is functional but compact. The renovated basement effectively increases usable living area, making it workable for a small family. Those needing more room for separation or storage may find it cozy.
4. How does this property rank compared to others in Winnipeg?
The data shows this home is very average for its specific street and neighbourhood, which is often a stable position. City-wide, its lot size and age are below average, reflecting its mature, inner-city location compared to newer suburban developments.
5. Can I get the exact historical sale prices?
The provided sale price history is an estimated range. The listing service notes that exact sold prices can be requested directly from them via email, as this data is not always publicly displayed in detail.