Property Overview: 552 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a spacious, well-situated family home built in 1999. Its primary appeal lies in its exceptionally large, private lot of nearly 20,000 sqft, a rare find that offers immense potential for gardening, recreation, and future expansion. The home itself is a practical one-storey layout with 1,565 sqft of living space and an attached garage, sitting on a quiet street in the Eric Coy neighbourhood.
The standout feature is the land itself. The lot size ranks in the top 2% of all Winnipeg properties, providing a level of privacy and outdoor space uncommon in the city. Combined with a build year that is newer than 79% of Winnipeg homes, it offers a modern foundation on a generous piece of land. The home’s assessed value ranks highly within its community and city-wide, indicating solid long-term value.
This property would best suit buyers who prioritize land over a finished mansion. It’s ideal for families or individuals seeking room to grow, who value outdoor space for children, pets, or hobbies, and who may have a vision to customize or expand the home over time. It’s a property for a pragmatic buyer who sees the underlying asset—the land—as the key feature, with the house serving as a comfortable and modern starting point.
Section 2: Frequently Asked Questions
1. What is the condition of the unfinished basement?
The listing confirms the basement is unfinished. This represents both a project and an opportunity, allowing a new owner to customize the additional square footage to their specific needs, whether for extra bedrooms, a recreational space, or storage.
2. How does the lot size compare to typical properties?
The 19,057 sqft lot is a major asset, placing it in the 98th percentile for size in Winnipeg. It’s significantly larger than most residential lots, offering superior privacy and space.
3. What does the high assessment ranking mean?
The home’s assessed value ranks higher than 87% of Winnipeg properties. This generally reflects the municipal assessment of its market value relative to others, often influenced by the desirable lot size and modern build year, which can be a positive indicator for equity and resale.
4. Is the one-storey layout suitable for all life stages?
The single-level living is a key feature for accessibility and ease of movement, making it appealing for young families, those planning for aging in place, or anyone who prefers to avoid stairs.
5. What are the immediate next steps for a new owner?
Beyond personalizing the interior, the sheer scale of the lot invites planning. Owners might consider landscaping, adding outdoor living structures, or even exploring the feasibility of a future addition, making a landscape architect or designer a valuable early contact.