Property Overview
664 Buckingham Road is a well-established family home in Winnipeg's Eric Coy neighbourhood, offering a blend of generous space and mature charm. Built in 1965, this 4-level split home sits on an exceptionally large, approximately 19,000 sqft lot, placing it in the top 2% of properties in Winnipeg for land size. With 1,791 sqft of finished living space, including a developed basement, it provides ample room for a growing household. The home features a split garage and ranks highly within its community for both living area and lot size.
Its appeal lies in the rare combination of a vast, private yard and a home with a functional split-level layout in a settled area. The property suits buyers looking for a long-term family home where outdoor space is a priority—perfect for gardening, recreation, or future expansion. It would also appeal to value-conscious purchasers who see potential in a solid, older home on a premier lot, willing to put in gradual updates. A less obvious perspective is the lot's value as a legacy asset; this much land in the city offers a sense of permanence and privacy that is increasingly difficult to find and cannot be replicated in newer subdivisions.
Key Details & FAQs
Key Characteristics & Ideal Buyer
- Property Type: 4-Level Split with a finished basement and split garage.
- Lot Size: A standout feature at 19,071 sqft, offering exceptional outdoor space and ranking in the top 2% city-wide.
- Living Space: 1,791 sqft of finished area, providing above-average room for the neighbourhood.
- History & Value: Built in 1965, with a 2020 sale at $370,000 and a current assessed value of $458,000.
- Ideal For: Families or multi-generational households prioritizing massive yard space over a new build. It suits buyers comfortable with a home from the 1960s who see the lot itself as a primary long-term asset and are potentially planning thoughtful renovations over time.
Frequently Asked Questions
1. What does the assessment value versus the 2020 sale price indicate?
The current assessment of $458,000 is significantly higher than the 2020 purchase price of $370,000. This reflects market-wide value increases over the past four years and the property's high ranking for lot size. It sets a baseline for municipal taxes, but the final sale price will be determined by the current market.
2. Are there any concerns with a home built in 1965?
As with any home of this age, prospective buyers should prioritize inspections for major systems (roof, foundation, plumbing, electrical) and potential updates needed for insulation or windows. Its "split" design is classic for the era and offers good separation of living spaces.
3. How usable is such a large lot?
The nearly half-acre lot is a major feature. It provides immense privacy, space for gardens, play structures, or entertaining. It's important to verify any zoning bylaws regarding usage, potential for subdivision (which is often complex and not guaranteed), or if any portions are environmentally protected.
4. What does the "rankings" data mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. Key takeaways are that it ranks exceptionally high (top 2%) city-wide for lot size and very high (top 16%) for living area, confirming its standout characteristics in those categories.
5. Why is there no information on interior finishes or the number of bedrooms/bathrooms?
The provided data focuses on lot size, value history, and square footage. Specific details on room counts, kitchen condition, and interior finishes are not included in this summary and would require a full listing sheet or viewing to obtain.