Property Overview: 587 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a distinctive, one-storey home built in 1964, sitting on an exceptionally large, nearly half-acre lot (19,049 sqft). Its primary appeal lies in this rare combination of a single-level living layout and vast outdoor space within the city. The home itself is modest in size (1,258 sqft) with a finished basement, but it outperforms most Winnipeg properties in terms of land size, ranking in the top 2%.
The property suits two main types of buyers. First, it’s ideal for those seeking space and privacy without leaving the city—perfect for gardening, family play, or future expansion. Second, the single-storey layout appeals to buyers looking for accessible, low-maintenance living or those planning for long-term ease. It’s a home where the true value is as much in the land and potential as in the existing structure, offering a blank canvas in an established neighborhood.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its community, and across all Winnipeg. For example, being in the top 2% for lot size in Winnipeg highlights the rarity of such a large parcel, while other rankings give context for the home’s age, size, and assessed value relative to its surroundings.
2. Is the large lot a benefit or a burden?
It’s a significant benefit for privacy, recreation, or expansion, but it also means more yard maintenance. The value is in the potential it offers, which may appeal more to some buyers than others.
3. Who would this floorplan suit best?
The one-storey layout with a finished basement is excellent for empty-nesters, individuals with mobility considerations, or young families who prefer having all main living areas on one level. The basement provides additional flexible space.
4. There’s no garage. How big of a drawback is that?
For some buyers, this is a major consideration. However, the immense lot size offers ample space to add a garage or workshop, subject to local bylaws, which could be a compelling project for the right buyer.
5. The house is older. What should I consider?
Built in 1964, the home is older than most in its immediate community. A thorough inspection is advised to understand the condition of major systems (roof, plumbing, electrical) and the finished basement. Its assessed value ranking suggests it is valued lower than many area homes, which could reflect its age and condition.