Property Overview: 784 Buckingham Road, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-established family home in the Eric Coy neighbourhood, built in 1961. Its most defining feature is the exceptionally large, nearly half-acre lot (over 19,000 sqft), which places it in the top 2% of all properties in Winnipeg for land size. The 4-level split home offers over 2,000 sqft of finished living space, including a developed basement, providing ample room for a growing household.
The appeal lies in a rare combination of space, privacy, and value. The vast yard is a standout, offering unparalleled potential for gardening, recreation, or future expansion. While the home itself is from the 1960s, its living area is generously sized, ranking in the top 10% city-wide. It suits buyers looking for a long-term family home where the land itself is a primary asset—ideal for those who value outdoor space over a brand-new build. It’s a property for visionaries who see the potential in mature lots and are comfortable with a home that may require updates reflective of its era. The significant increase in assessed value since its 2016 sale suggests the market recognizes its underlying worth, particularly the irreplaceable lot.
Frequently Asked Questions
1. What does the ranking data (the "blood bars") actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 2%" for lot size in Winnipeg is a major advantage, indicating a uniquely large yard. The rankings for age show it's an older home relative to many others, which is typical for the area.
2. Is the split-level layout efficient?
A 4-level split can be very efficient for family living, often creating natural separations between living, sleeping, and recreational zones. However, it involves more stairs than a bungalow or two-story. It's best appreciated by those who don't mind some vertical movement.
3. The assessed value is significantly higher than the 2016 sale price. What does this indicate?
This reflects strong market appreciation over the past eight years, likely driven by the desirable lot size and general market trends. The assessment provides a current benchmark for municipal taxes, but the final sale price is determined by the market.
4. What are the considerations with a lot this large?
A large lot offers tremendous privacy and potential but also requires more maintenance for landscaping and yard care. It's a benefit for those who enjoy gardening or outdoor projects, but a consideration for those seeking low-maintenance living.
5. What might not be obvious from the data?
The data highlights the "bones"—the lot and square footage are strong. The less obvious factors are the condition of major systems (roof, windows, furnace) for a 65-year-old home, the flow of the specific floor plan, and how the home's orientation and mature landscaping on such a deep lot affect light and outdoor living space. These are best evaluated in person.