Property Overview: 730 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a classic 1968 two-storey home in the Eric Coy neighbourhood, offering a blend of space, location, and value. Its primary appeal lies in its generous 8,994 sqft lot—a rare find that places it in the top 8% of all Winnipeg properties for land size. The 1,849 sqft living area is also well above average for the city, providing ample room. The home presents a solid foundation with an unfinished basement, offering potential for future customization.
The property suits two main types of buyers. First, it's ideal for value-oriented buyers or families seeking space to grow, both inside and out, who are comfortable with a home that may require updates. Second, it appeals to long-term visionaries who see the exceptional lot size as a future asset—whether for expansion, gardening, or simply as a private oasis in the city. A less obvious perspective is its competitive standing: while the assessment value is moderate for the area, the home ranks highly for its sheer living space and lot size, suggesting a property where the intrinsic value is tied more to its land and footprint than its current finishes.
Section 2: Frequently Asked Questions
1. What is the condition of the home, given its age?
Built in 1968, the home is a solid, older property. The unfinished basement and lack of recent major renovations (like an updated kitchen or bathrooms) indicate it is likely a well-maintained but dated home, ideal for someone looking to personalize it over time.
2. Is the large lot usable, or is it an odd shape?
At nearly 9,000 sqft, the lot is a significant asset. While the listing doesn't specify the shape, its size in this neighbourhood suggests substantial backyard space for recreation, gardening, or future additions like a garage or deck.
3. How does the lack of a garage impact daily life and value?
The property has no garage, which is a consideration for vehicle storage and storage space. However, this is often reflected in the price and may be an acceptable trade-off for buyers who prioritize the large lot, where a garage could potentially be added later.
4. The rankings show high marks for space but lower ones for value. What does this mean?
The data indicates that while you get more house and land here than in most of Winnipeg, the assessed value is closer to the area's average. This can signal a pricing opportunity, as you are acquiring a scarce resource (land) that may not be fully reflected in the current valuation.
5. What is the Eric Coy neighbourhood like?
Eric Coy is a mature, established community. The property's rankings show it is about average for the neighbourhood in terms of age and assessed value, but it stands out within the community for its above-average living space and very large lot size, offering a bit more privacy and room than many surrounding homes.