Property Overview: 665 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-established, single-storey home in the Eric Coy neighbourhood, built in 1963 and sitting on a remarkably large, mature lot of nearly 19,000 square feet. With over 1,600 square feet of finished living space, including a developed basement, it offers practical, single-level living. The home’s standout feature is its exceptional land size, which places it in the top 2% of all properties in Winnipeg for lot dimensions. This provides rare potential for privacy, gardening, expansion, or simply enjoying expansive outdoor space within the city.
Its appeal lies in this unique combination of a solid, functional home on a truly premium parcel of land. It suits buyers looking for a long-term family home with room to grow outdoors, those interested in the value of land itself, or anyone seeking a peaceful, established setting without moving to a rural area. The strong rankings for both lot size and living area within its community suggest it’s a substantial property by local standards. A thoughtful perspective is that while the house itself is from the 1960s, the immense lot is a finite resource that cannot be replicated in newer subdivisions, offering a different kind of value that appreciates independently of the dwelling.
Section 2: Frequently Asked Questions
1. What does the "relative ranking" data mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, being in the "top 2%" for lot size citywide highlights just how large and uncommon this parcel is.
2. Is the house updated, or would it need renovation?
The listing confirms a finished basement but does not specify recent upgrades to kitchens, bathrooms, or systems. Given its 1963 construction, buyers should budget for potential updates to suit modern tastes and efficiency standards.
3. What are the implications of such a large lot?
It offers great potential but also requires more maintenance (lawn care, landscaping). It’s important to check zoning bylaws for any future plans like adding a garage, workshop, or pool to understand what is permitted.
4. How does the 2017 sale price compare to the current assessment?
The home sold for $385,000 in late 2017 and now has a municipal assessment of $455,000. This assessment is used for tax purposes and is not a market valuation, but the increase indicates a rise in the property’s taxable value over that period.
5. Who is the typical buyer in this area?
Eric Coy attracts a mix of long-term residents and families drawn to stable, established neighbourhoods. This particular property, with its single-storey layout and massive lot, would especially appeal to those prioritizing space and privacy over a brand-new home.