Property Overview: 84 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1911, is a classic Glenelm character property with a detached garage. Its key characteristics include 1,096 sqft of living space and a 2,999 sqft lot. The appeal lies in its established, tree-lined neighbourhood and its strong value proposition within the local context. While its living area is modest compared to some nearby homes, its assessed value ranks well above average for both Cobourg Avenue and the wider Glenelm area, suggesting it is viewed as a solid asset in its immediate market.
This home would suit a pragmatic first-time buyer or an investor looking for a character property in a mature neighbourhood without a premium price tag. It’s also a candidate for someone interested in a "blank canvas" project, as the basement is noted as not being renovated. A less obvious perspective is that its older vintage (1911) and smaller lot size, while below average in city-wide metrics, are typical for the charming, historic feel of Glenelm—offering a more community-focused, walkable lifestyle compared to newer suburban developments.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The data shows its assessed value is above average for both Cobourg Avenue and the Glenelm neighbourhood, but below the city-wide average. This indicates it is a competitively valued property within its desirable local market.
2. What should I know about the condition of the home?
The listing specifically notes the basement is not renovated. Buyers should budget for potential updates and consider a thorough inspection, typical for a home of this age, to understand the state of major systems.
3. Is the living space smaller than other homes nearby?
Yes. At 1,096 sqft, the living area is below the average for Cobourg Avenue. This makes for a more compact footprint, which may appeal to those seeking lower maintenance or lower utility costs.
4. What is the significance of the sold price history shown?
The listed price ranges from 2017 and 2021 provide a benchmark for past market activity on this property. For the exact sold prices, you can request the information via email from the source.
5. Who might the neighbouring property at 47 Cobourg Avenue be relevant?
It’s listed as a reference point, likely because it’s a nearby home on the same street. With a similar year built (1913) but a larger living area (1,750 sqft) and a slightly lower assessed value, it provides useful context for comparing property features and valuations in the immediate vicinity.