Property Overview: 610 Buckingham Road, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a well-situated, one-storey home on an exceptionally large, nearly half-acre lot (19,068 sqft) in the Eric Coy neighbourhood. Built in 1962, the 1,212 sqft house features a finished basement. Its standout characteristic is the land itself, which places in the top 2% of all Winnipeg properties for lot size, offering rare potential for expansion, gardening, or outdoor recreation. The home’s appeal lies in this balance of a solid, functional living space with a blank-canvas outdoor opportunity in a mature community. It ranks highly within its immediate area for lot size but is priced accessibly relative to its assessed value.
It would best suit a buyer who values space and potential over turn-key perfection. This could be a growing family looking for room to play and eventually renovate or extend, a multi-generational household considering a future secondary suite (subject to zoning), or a nature enthusiast craving a private, park-like setting within the city. The property asks for a vision to fully leverage its greatest asset—the land—making it ideal for a hands-on owner or a strategic long-term investor.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. Key takeaways: the lot size is exceptionally large city-wide (top 2%), but the house itself is more modest in size and newer homes exist in the area. This highlights the property’s core value proposition: the land.
2. Is the house in need of major updates?
Given its 1962 build date, buyers should budget for modernizing essential systems (like plumbing, electrical, or windows) common to homes of this era, even if it’s livable now. The finished basement should be checked for compliance with current building codes and moisture control.
3. How can such a large lot be utilized?
Beyond a large yard, possibilities could include adding a substantial garage or workshop, creating structured gardens, or even exploring subdivision or building a second home (lot permitting and subject to strict city zoning and bylaws—due diligence is essential).
4. Why is there no garage, and can one be added?
The absence of a garage is common for homes of this vintage. The vast lot size is a major advantage here, making adding a garage or carport a very feasible and valuable future project, where many city lots would not have the space.
5. The assessed value seems high relative to the price. What does that indicate?
This can sometimes reflect the city’s assessment of the underlying land value due to its size and location, even if the dwelling itself is modest. It suggests the market price may offer value relative to the municipality’s valuation, but always base your offer on current market conditions and a professional inspection.