72.5
Good
Property score
72.5
Good
Overall 72.5
Larger and newer than most nearby homes
2,400 sqft (top 1%)
Built in 1960 (7 yrs newer than avg)
Located in a above-average income area
with median household income of ~73k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 13 dining spots, 2 shops, 3 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
125% larger than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 72%Tagalog · 7%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
72.5 is composed by the two sections below.
Property Score
Community Score
East Elmwood
How to read: Share of sales in each ~$50k price band for “east elmwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110802
$73K
Median household income
$81K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
23%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
121 Clyde Road — 25 amenities found within 500 m, across 7 categories, including 13 dining (nearest 176 m), 2 shopping (nearest 202 m), 3 parks (nearest 55 m).
East Elmwood · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 1% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 5% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 13% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 121 Clyde Road, East Elmwood
Key Characteristics & Appeal
This two-storey home on Clyde Road stands out for its generous scale and significant value within its neighborhood. Its primary appeal lies in its substantial 2,400 sqft of living space, which ranks it in the top 2% of homes on its street and the top 1% within East Elmwood. This size offers rare potential for a growing family or those who prioritize spacious, defined rooms over an open-concept layout. The home features a renovated basement and a detached garage, adding functional utility.
The property’s assessed value of $46,700 is notably low, placing it in the top 1% for the area. This creates a compelling scenario: it is a large home in a mature neighborhood with a modest property tax base. The lot size is consistent with local norms, and the 1960 build date is typical for the street. This combination particularly suits value-conscious buyers looking for "more house" in a established community, or investors who see potential in a property where the physical structure significantly outpaces its current official valuation. It’s a home for someone comfortable with a property whose greatest asset—its interior space—may not be fully reflected in its price history.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
The assessed value is for municipal tax purposes and often lags behind market value, especially in a rising market or after significant renovations. The recent sale price is the true indicator of its current market worth.
2. What does the "Elite" ranking for living area actually mean?
It means this home is larger than 99% of comparable homes in East Elmwood. You are getting significantly more interior space than is typical for the area, which is a major advantage for square footage.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
4. How has the property's value changed over time?
The home has seen steady appreciation, with sale prices rising from $34,400 in 2019 to $49,600 in 2024. Each sale has been in a higher percentile ranking for the area, indicating its market position has strengthened.
5. What are the trade-offs for getting so much house in this area?
The trade-off is often an older home (1960) that may require updates to systems or aesthetics. The lot size is average for the neighborhood, so the outdoor space is proportional, not expansive. The value is in the enclosed living space itself.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
