Property Overview: 846 Buckingham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated bungalow in Eric Coy offers established neighborhood character on a very generous, nearly 10,000 sqft lot—a rarity that provides ample space for gardening, recreation, or future expansion. The home itself is a practical 1,601 sqft layout with a finished basement, catering to comfortable single-level living or flexible family arrangements. Its appeal lies in this balance of solid indoor space and exceptional outdoor potential.
While the home was built in 1969, its value is underscored by strong city-wide rankings: it places in the top quarter of Winnipeg for both lot size and living area, indicating a property that stands out for its space in the broader market. It particularly suits buyers who prioritize land over a brand-new build—those looking for a blank canvas to renovate to their taste, or who simply desire a large, private yard in a mature community. It’s a property for the pragmatic buyer who sees the inherent value in land and structure, with the vision to update interiors over time.
Section 2: Frequently Asked Questions
1. What is the significance of the property rankings provided?
The rankings show how this home compares to others in its immediate area and across Winnipeg. For example, being in the top 7% for lot size city-wide highlights the property's most distinctive feature: its expansive land.
2. Is the finished basement included in the 1,601 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional space like family rooms or extra bedrooms not reflected in the main square footage figure.
3. What might the "average" street and community rankings indicate?
While the home excels in lot size, its more middle-of-the-pack rankings within its own street and community for factors like age and assessed value suggest it fits comfortably within the existing neighborhood profile, without being an outlier.
4. How should I interpret the 1969 build year?
This indicates a mature home that will likely require due diligence on aging components like the roof, windows, and major systems. However, it also represents a period of solid construction and often simpler, easily modified floor plans.
5. Does the high city-wide ranking for lot size guarantee a high property value?
Not necessarily on its own. While a large lot is a major asset and provides long-term equity, the final value is a combination of the land, the condition of the home, market trends, and the buyer's plans for utilizing the space.