Property Overview: 134 Clyde Road, East Elmwood
Key Characteristics & Appeal
This two-storey home at 134 Clyde Road is a solid, well-proportioned property in Winnipeg's East Elmwood neighborhood. Its primary appeal lies in offering above-average space and land for the immediate area at a value-conscious price point. With 1,672 sqft of living space and a generous 5,664 sqft lot, it provides more room than most homes in East Elmwood, ranking in the top 11% and 9% locally for those metrics, respectively. The basement has been renovated, adding functional living space, and the property includes a detached garage.
Built in 1960, the home is typical for its street but is slightly newer than many in the wider neighborhood. Its recent sale price of $410k (June 2024) came in above its assessed value, suggesting strong market interest. The standout perspective here is its balanced positioning: while it may not lead in city-wide comparisons, it represents a premium offering within its own community. It suits buyers looking for a spacious family home with a sizable yard in a established neighborhood, without the premium price tag of more central or newer suburbs. It’s ideal for those who prioritize indoor and outdoor space over a brand-new build or a downtown location.
Frequently Asked Questions
1. How does this home compare to others on Clyde Road?
It holds its own with an average living area and assessed value for the street, but stands out with a larger-than-average lot size, ranking in the top 18% of properties on Clyde Road for land area.
2. What does the "above average for East Elmwood" ranking mean?
This indicates the home offers more space than most in the neighborhood. Its living area and lot size are both in the top 10-15% of all comparable homes in East Elmwood, meaning you get more house and land for your money here than in most local listings.
3. The home sold for more than its assessed value. Is that a concern?
Not necessarily. Assessed values for taxation don't always reflect current market value. The sale price is determined by what buyers are willing to pay in the open market, and the $410k sale suggests competitive demand for this property's specific features and location.
4. What is the likely condition of a home built in 1960?
As a mid-century home, it may have original components that require updating or maintenance. The renovated basement is a positive update. A thorough inspection would be crucial to understand the condition of major systems like plumbing, electrical, and the roof.
5. Who would this property NOT be suited for?
It may not suit buyers seeking a modern, open-concept layout without renovation work, or those who prefer a brand-new home with all new appliances and systems. It also may not fit someone wanting a very small, low-maintenance yard or an attached garage for our harsh winters.