721 Buckingham Road

Property Summary: 721 Buckingham Road, Winnipeg

Key Characteristics & Appeal

This is a spacious, two-storey family home in the Eric Coy neighbourhood, built in 1965. Its primary appeal lies in its generous proportions, both indoors and out. The 2,016 sqft living area is notably larger than most Winnipeg homes, placing it in the top 9% citywide for size. This is complemented by an exceptionally large, private lot of over 19,000 sqft, which is a rare find within the city and ranks in the top 2% for land area. The home features a finished basement and a split garage.

The property suits buyers prioritizing space and privacy above all else. It’s ideal for a growing family seeking ample room for children to play, for gardening, or for future additions. It also appeals to those who value established, mature neighbourhoods and are comfortable with the character and potential maintenance considerations of a home from the 1960s. A less obvious perspective is its value for multi-generational living or those with hobbies requiring significant outdoor or workshop space, given the vast yard and finished basement. While the structure itself is not new, the sheer scale of the land and living space offers a level of permanence and potential that is increasingly difficult to find.

Frequently Asked Questions

1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the details. A viewing or inquiry with the listing agent is necessary to determine the layout, ceiling height, and quality of the finishings.

2. How does the 1965 construction year affect the home?
While the home ranks average to below-average for age within its community and city, this era of construction often means solid build quality and simple, functional layouts. Buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider an inspection to assess their condition.

3. What is the neighbourhood (Eric Coy) like?
The home ranks very well for size and value within Eric Coy, surpassing most neighbouring properties. This suggests it is one of the larger, higher-assessed homes in the area, likely situated on a quiet, established street with similar vintage homes.

4. Why is the lot size so significant?
At over 19,000 sqft, the lot is a major asset. It provides exceptional privacy, space for recreation, and long-term potential. This much land is uncommon in Winnipeg and typically only found in older, premium neighbourhoods, offering a "country-like" feel within the city.

5. What might explain the difference between the assessed value and the listing price?
The city's assessed value for taxation ($515,000) is a snapshot in time and may not reflect current market conditions, recent renovations, or the premium value of the extraordinary lot size. The final listing or sale price is determined by current buyer demand and the unique attributes of the property.