Property Overview: 149 Clyde Road, East Elmwood

Key Characteristics & Appeal

This two-storey home on Clyde Road is defined by its generous living space. At 2,240 sqft, it offers significantly more room than most homes in East Elmwood and across Winnipeg, placing it in the top tier for size. This spaciousness is the property's primary asset, providing ample room for a growing family, dedicated home offices, or flexible living arrangements. The lot is a standard city size, and the home features a detached garage.

Its appeal lies in being a larger, well-established home in a mature neighborhood. While the basement is noted as unrenovated, this presents a clear opportunity for customization and added value for a buyer willing to take on a project. The home last sold in late 2020, and its assessed value is relatively modest for its square footage, which could indicate potential value for a buyer focused on space per dollar.

This property would best suit buyers who prioritize interior space over a move-in-ready finish. It's ideal for a family needing room to grow, a DIY enthusiast looking for a project to personalize, or a value-conscious buyer seeking one of the larger homes in the area without a premium price tag. It offers a balance of established neighborhood character and future potential.

Frequently Asked Questions

1. How does the size of this home compare to others?
The living area is a standout feature. It ranks in the top 16% on its own street, the top 3% in East Elmwood, and the top 6% city-wide, meaning it is substantially larger than the average Winnipeg home.

2. What does "basement not renovated" typically imply?
This usually indicates the basement is in original or functional condition, but may lack modern finishes. It likely has essential plumbing and electrical for a laundry area, but may require updating for use as a modern living, entertainment, or rental space.

3. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value is for municipal tax purposes. The home last sold for $350k in 2020, which was above the area average at that time. Market conditions, the home's condition, and its desirable square footage will be the main drivers of its current market price.

4. What is the neighborhood like?
East Elmwood is a mature, established community. The data shows homes here are generally older and smaller than this one, suggesting this property offers an above-average footprint in a stable, no-frills neighborhood.

5. What are the less obvious pros and cons of a home from 1961?
A thoughtful pro is that construction from this era often features solid building materials and simpler, more repairable systems. A potential con is that original windows, insulation, or wiring may not meet modern efficiency standards, so a pre-purchase inspection is highly advised to understand any needed updates.