Property Overview: 96 Cobourg Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a substantial, character-filled two-and-a-half storey home in the established Glenelm neighbourhood. Built in 1912, it offers generous proportions with 1,786 sqft of living space and sits on a large, nearly 4,000 sqft lot, both of which rank well above average for the immediate area. A key feature is the renovated basement, adding modern functionality to the historic structure. The home includes a detached garage.
Its primary appeal lies in offering more space—both indoors and on the land—than is typical for the street and neighbourhood, wrapped in classic early-20th-century architecture. The significantly above-average assessed value for the area suggests it is a standout property in terms of perceived worth or improvements within its local context. It would suit a buyer looking for a home with character and room to grow in a mature community, who appreciates the blend of original details and updated elements like the basement. A thoughtful perspective is that while the home is older than most in the city, this often correlates with sought-after architectural details and established, tree-lined streets—a trade-off that resonates with many buyers in neighbourhoods like Glenelm.
Frequently Asked Questions
1. How does the age of the home (1912) affect ownership?
While the year built is older than most homes on the street and in Winnipeg, this is typical for the character of the Glenelm area. It suggests potential for classic architectural features but also means that attention to maintenance and updates (like the renovated basement) is a key consideration.
2. The assessed value seems high for the area. What does that indicate?
The assessment ranks in the top 3% on Cobourg Avenue and top 8% in Glenelm. This typically reflects the property’s larger size, the renovated condition, and its overall standing as a higher-value home within this specific, established neighbourhood, rather than just market trends.
3. Is the lot size a significant advantage?
Yes. The land area is in the top 6% on the street, providing more outdoor space than most nearby properties. This is a notable asset for gardens, play areas, or simply added privacy in an inner-city neighbourhood.
4. What can the 2020 sale price range tell me?
The sold price range from May 2020 provides a historical benchmark. For a current market valuation, this should be compared with more recent sales in Glenelm, acknowledging that market conditions and any further improvements to the home since then will influence its present value.
5. What is the context for the "city-wide" rankings that show as "below average"?
City-wide comparisons include vast suburban areas with newer homes on larger lots. Therefore, rankings for year built and lot size being "below average" city-wide are expected for a character home in a central neighbourhood and are less relevant than its strong rankings within its own community, where its space and value truly stand out.