Property Overview
This 1985-built, one-storey home on Buckingham Road presents a unique opportunity defined by its substantial lot and established setting. Its primary appeal lies in the exceptional 19,072 sqft property—a rare urban parcel that ranks in the top 2% for size across Winnipeg. The home itself is a comfortable 1,686 sqft bungalow with a finished basement and an attached garage, offering practical, single-level living. Its strong assessment value, ranking in the top 10% citywide, underscores a solid investment in a desirable location.
The property is ideally suited for buyers who prioritize land over lavish square footage. It’s a perfect match for someone seeking space for gardens, recreation, or future expansion, or for a household looking for the ease of a bungalow layout. It also appeals to the value-conscious buyer who recognizes the long-term worth of a large, well-ranked lot in a mature neighbourhood, where the land itself is a significant and appreciating asset.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in the Eric Coy neighbourhood, and across all of Winnipeg. For example, being in the "top 2%" for lot size in Winnipeg means it's larger than 98% of properties in the city, highlighting its standout feature.
2. Is the house outdated given its 1985 build year?
While the structure is 41 years old, its rankings show it is newer than 68% of homes in Winnipeg, placing it in a relatively modern cohort for the city's housing stock. The condition and updates would need to be verified by a viewing and inspection.
3. Who would benefit most from the large lot?
Beyond obvious uses like gardening or play space, the lot offers long-term flexibility. It could accommodate additions like a large workshop, extensive landscaping, or even potential future subdivision, subject to municipal zoning approval.
4. How does the finished basement affect the living space?
The finished basement adds functional square footage beyond the main floor's 1,686 sqft. This is valuable for creating separate spaces for entertainment, home offices, or guest areas, effectively increasing the usable size of the home.
5. Why is the assessment value a key point?
A municipal assessment that ranks in the top 10% citywide indicates the city’s official view of the property’s high market value relative to others. This often correlates with strong resale value and can be a marker of a premium location or desirable property characteristics.