Property Overview
746 Buckingham Road is a modern, two-storey home in Winnipeg's Eric Coy neighbourhood. Built in 2020, it offers 1,885 sqft of living space with a renovated basement and an attached garage. The home stands out for its above-average size and elite-tier assessed value compared to local and city-wide benchmarks. While its lot size is more modest relative to others on Buckingham Road, it remains a substantial property that far exceeds the typical Winnipeg lot. Its appeal lies in the move-in readiness of a near-new build, combined with the value and space of an established area. This property would best suit buyers looking for a modern home without the wait of new construction, who prioritize interior space and updated finishes over a sprawling yard, and who see value in a home with a strong assessed value foundation.
Key Details & FAQs
Key Characteristics & Appeal
This home’s primary strengths are its modern age, generous living space, and strong valuation. Built just six years ago, it ranks in the top 3% city-wide for year built, suggesting minimal immediate maintenance concerns and contemporary building standards. The living area is consistently above average for its street, neighbourhood, and city, offering more interior room than most comparable homes. Notably, its assessed value places it in the elite top 5% on its street and top 3% city-wide, indicating a perception of high value by the assessment authority. The renovated basement adds functional living space. The lot, while smaller than some on its specific street, is still significantly larger than the Winnipeg average, offering a balanced outdoor space without excessive upkeep. It suits professionals, small families, or downsizers seeking a modern, low-maintenance home with ample room to live and entertain indoors, in a neighbourhood where it represents a high-value asset.
Frequently Asked Questions
1. What does the "elite" assessed value ranking mean for me?
It indicates the property is assessed in the top tier of homes locally, which can reflect desirability, quality, or features. It's a benchmark for municipal taxation and can be a positive signal, but market sale price is determined by current buyer demand.
2. The lot is noted as "below average" for the street. Is that a major drawback?
This is a relative measure. While the lot is smaller than others on Buckingham Road, it is still over 12,700 sqft—nearly double the Winnipeg city average. It offers a substantial yard but may require less maintenance than larger lots on the street.
3. The home was last sold in 2020. What does that imply?
It was likely purchased new from the builder. The current sellers are the first occupants, meaning the home has had only one owner and a known history since construction.
4. How does the renovated basement add value?
It immediately increases the functional living area without the need for a future project. This is a finished, usable space that adds to the home's overall square footage and versatility.
5. Is the Eric Coy neighbourhood typically home to newer properties like this?
Not typically. The data shows the average year built for comparable homes in Eric Coy is 1971. This 2020 home is a notable exception, ranking in the top 1% for newness in the neighbourhood, offering modern amenities in an established area.