Property Summary: 763 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a distinctive, one-storey home in the Eric Coy neighbourhood, built in 1962. Its primary appeal lies in its exceptionally large, private lot of over 19,000 sqft—a rare find that places it in the top 2% of all properties in Winnipeg for land size. The home itself is a manageable 1,128 sqft bungalow with a finished basement, a split garage, and the unique feature of a private swimming pool.
The property suits two main types of buyers. First, it's ideal for those seeking space and privacy above all else—a large yard for gardening, recreation, or future expansion is the true cornerstone of its value. Second, it appeals to buyers comfortable with a project. While livable, the home's interior square footage and 1960s origins suggest an opportunity to modernize or expand over time, with the massive lot providing the perfect canvas. It’s a property where the land is the lasting asset, and the house represents potential.
Section 2: Frequently Asked Questions
1. What is the true highlight of this property?
Beyond any single feature, it is the sheer scale and rarity of the lot. The land represents a level of privacy and outdoor potential that is increasingly difficult to find within the city.
2. Is the house too small for the lot?
Perspective is key. For some, the modest home size may require future updates. For others, it's a perfect "land bank" opportunity—a comfortable home on a premium lot where the equity is firmly in the ground, allowing for renovation or rebuilding as needs and resources allow.
3. What should I consider with a 1962-built home and a pool?
Proactive inspections are crucial. Focus on the foundational condition of the home, the state of major systems (roof, plumbing, electrical), and a specialized assessment of the pool's structure and equipment. Budgeting for ongoing maintenance for both the vintage home and the pool is a necessary part of ownership.
4. How do the rankings (e.g., top 2% for land) work?
These metrics compare this property against specific groups—others on its street, in Eric Coy, and across all of Winnipeg. They are useful for understanding its relative standing, particularly confirming the exceptional lot size. The varying rankings for year-built and living area honestly reflect the trade-off: a premium lot with a home that may need investment.
5. Who is this property not ideally suited for?
It may not suit buyers seeking a large, modern, move-in-ready home without any projects. The value proposition here is weighted toward the land and long-term potential, requiring a vision that extends beyond the current interior footprint.