Property Overview: 754 Buckingham Road, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1995-built two-storey home in Eric Coy offers a well-proportioned and established family footprint on a generous 7,435 sqft lot. Its key characteristics include nearly 1,917 sqft of living space, a finished basement, and an attached garage. The appeal lies in its balanced, above-average metrics across the board. It’s not the newest or largest on the block, but it consistently ranks in the top 20-30% citywide for size, value, and lot dimensions, suggesting a solid and competitive offering for its tier. The home sits on a large lot for the area, offering valuable outdoor space and potential.
It would suit practical buyers looking for a move-in ready family home without the premium of a brand-new build. It’s particularly suited for those who value space and established neighborhoods over brand-new finishes. A thoughtful perspective is that its strong citywide rankings for assessed value versus living space indicate it may offer good "value per square foot" compared to many Winnipeg homes, appealing to cost-conscious families seeking room to grow.
Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, neighborhood (Eric Coy), and all of Winnipeg. For example, ranking in the top 14% citywide for lot size means the lot is larger than 86% of Winnipeg properties, a key advantage.
2. The home is 31 years old. What should I consider?
While the structure is established, major components like the roof, windows, and HVAC system may be at or beyond their typical lifespans. A thorough inspection is advised to understand the condition and potential upcoming investments.
3. The basement is listed as finished. What does that typically mean here?
A finished basement in a 1995 home often means developed living or recreational space, but it's important to verify the quality of the finish, ceiling height, necessary permits, and moisture control, as standards have evolved.
4. Who might this property not suit?
It may not suit buyers seeking ultra-modern, open-concept layouts or zero renovation projects, as some updates may be desired. Those prioritizing a brand-new home or a smaller, low-maintenance yard might also look elsewhere.
5. The assessed value is $586,000. Is this the sale price?
No. The assessed value is for municipal tax purposes. The sale price is determined by the current market and can be higher or lower than this assessment.