Property Overview: 789 Buckingham Road, Winnipeg
Key Characteristics & Appeal
This is a modern, one-storey home built in 2020, offering a move-in-ready experience with a renovated basement. Its primary appeal lies in its exceptional standing within the market. The home ranks in the elite top 3% for assessed value on its street and in the Eric Coy area, indicating it is considered a high-value property. At 1,759 sqft, the living space is comfortably above average for the neighbourhood. The attached garage and newer construction (just 6 years old) mean minimal immediate maintenance worries and modern building standards.
The property suits buyers looking for a modern home in a well-established area without the typical upkeep of an older house. It’s an ideal fit for professionals, small families, or downsizers seeking single-level living with ample, updated space. A thoughtful perspective is the lot size: while the 12,689 sqft land area is below average for Buckingham Road itself, it remains a very generous size city-wide (in the top 3%), offering a private outdoor space that is large by most urban standards without being overwhelming to maintain.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby sale prices?
The assessed value of $83.50k places this home in an elite category for the area, reflecting its modern build, renovations, and above-average living space. The last sale price from 2021 is not a reflection of its current market value, which is significantly higher as indicated by the assessment.
2. What does the "Elite" ranking for Year Built mean?
It means this home is one of the newest on the street and in the wider Eric Coy area, ranking in the top 2-3%. You are buying a contemporary property in a neighbourhood of mostly older homes, which is a rare find.
3. Is the basement included in the living area square footage?
The listed living area of 1,759 sqft typically refers to above-grade space. The home features a separate, renovated basement, which adds significant additional functional space to the property.
4. How does the lot size compare to a typical Winnipeg home?
While it's a smaller lot for Buckingham Road, it is still exceptionally large compared to the Winnipeg average, which is around 6,570 sqft. You get a substantial yard that is larger than most in the city, but potentially more manageable than some larger estates on the same street.
5. What type of neighbourhood is Eric Coy?
Eric Coy is a mature Winnipeg neighbourhood. This property offers a unique combination of a new, low-maintenance home within the established character and amenities of such an area, providing the best of both worlds.