Property Overview & Key Characteristics
This 1971-built bungalow at 755 Buckingham Road is a distinctive property defined by its exceptionally large, private lot of over 15,200 square feet in the Eric Coy neighbourhood. Its primary appeal lies in this rare combination of a spacious, single-level home (1,506 sqft of living space) with extensive outdoor space that includes a swimming pool. The home features a finished basement and a split garage.
The property’s standout characteristic is its significant scale and established presence. It ranks in the top 2% of all Winnipeg properties for lot size, offering a level of privacy and room for gardens, recreation, or expansion that is increasingly uncommon. While the house itself is above average in size for the area, the true value proposition is the land. It would perfectly suit buyers looking for a "blank canvas" home on a premier lot—whether that’s a family desiring ample yard space, someone interested in future renovation or addition potential, or a purchaser who values mature landscaping and outdoor living with a pool. It’s a property for those who prioritize land over a brand-new build.
A less obvious perspective is the home’s position as a solid, well-ranked value within its immediate community. Despite its age, it holds very strong assessment rankings (top 17% in Eric Coy, top 12% city-wide), suggesting it is perceived as a premium property not just for its lot, but for its overall offering. It offers a move-in ready foundation with the bonus of extraordinary outdoor assets.
Frequently Asked Questions
1. What is the condition of the in-ground pool?
The listing confirms the presence of a pool but does not specify its current operational condition, age, or liner type. A professional inspection would be essential to determine any needed repairs, seasonal opening/closing costs, and ongoing maintenance requirements.
2. How is the property ranked so highly for value but lower for building age?
The assessment rankings reflect total property value. Here, the sheer size and premium of the lot significantly elevate the overall assessed value, offsetting the ranking based on the building's age alone. It indicates the municipal assessment recognizes the land as a major asset.
3. Is the finished basement a legal secondary suite?
The details state the basement is finished but do not indicate it is a legal, separate suite with its own kitchen or entrance. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
4. What are the annual property taxes?
The assessment is noted at $542,000. Prospective buyers should use this figure with the City of Winnipeg's current tax rate to calculate an approximate annual tax amount, as the exact sum is not provided in the listing.
5. What is the typical profile of the Eric Coy neighbourhood?
Eric Coy is a mature, established neighbourhood in Winnipeg. The property's rankings show it is larger and more valuable than most homes in the area, offering a premium property within a well-regarded community known for its parks and amenities.