Property Overview: 841 Buckingham Road
Key Characteristics & Appeal
This is a well-established, single-family home in Winnipeg's Eric Coy neighbourhood, built in 1972. Its primary appeal lies in its generous, mature lot of approximately 12,000 square feet—a significant and increasingly rare find that offers ample outdoor space and privacy. The property features a finished basement, an in-ground pool, and an attached garage. With 1,780 square feet of living space, the home ranks above average in size for its area.
The home’s value is underscored by strong comparative rankings. It sits in the top 10% of Winnipeg for assessed value and the top 16% for living area, indicating a property that is both substantial and highly regarded by municipal assessment. While the home itself is over 50 years old, it ranks as newer than half of the homes city-wide, suggesting it exists in a neighbourhood of similar vintage. This combination positions it as a solid, spacious property in a stable setting.
This home would best suit buyers looking for a long-term family residence with room to grow, garden, or entertain. The pool and large yard cater to those valuing outdoor leisure and private space. It’s ideal for someone comfortable with the upkeep of a mature property and lot, who prioritizes space and established community character over a brand-new build. A less obvious angle is its appeal to a buyer who sees potential: the sizable lot and solid foundational rankings offer a strong base for future updates or expansions.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is a mature, established neighbourhood. The home's rankings show it is typical for the area in age but larger and of higher assessed value than many of its immediate peers, suggesting a well-regarded spot within the community.
2. Are there any concerns with a house built in 1972?
As with any home of this age, prospective buyers should prioritize a thorough inspection. Key systems like roofing, plumbing, and electrical may be original or have undergone updates, and their condition should be verified.
3. How usable is the pool and what are the associated costs?
The presence of an in-ground pool is a notable feature for enjoyment but also requires consideration for maintenance, insurance, and utility costs. Its current condition and any recent servicing history would be important to clarify.
4. What does the high assessment value ranking mean?
Ranking in the top 10% in Winnipeg for assessed value means the municipal tax assessment places this property among the more valuable homes in the city. This generally reflects the property's size, lot, and location, but it also correlates with higher property taxes.
5. Is the finished basement a legal suite?
The listing notes a finished basement but does not specify it as a legal secondary suite. Buyers interested in rental income or a separate living area should investigate its compliance with local zoning and building codes.