570 Buckingham Road

Property Overview

570 Buckingham Road is a classic, well-situated single-family home that offers a rare combination of generous outdoor space and a practical, move-in-ready layout. Its primary appeal lies in its exceptionally large, nearly half-acre lot in the established Eric Coy neighborhood, providing a private, park-like setting within the city. The home itself is a modest 1,504 sqft one-storey bungalow with a finished basement, built in 1957. Key data points show its greatest strengths are its land size (ranking in the top 2% of Winnipeg) and total assessed value (top 23% citywide), indicating a property where the land itself is a significant driver of value. It would perfectly suit buyers looking for space to garden, play, or expand outdoors without a long commute, or those seeking a solid, no-fuss home with excellent long-term redevelopment potential. It’s less suited for those wanting a modern, turnkey interior or extensive square footage above grade.

Frequently Asked Questions

1. What is the true standout feature of this property?
Beyond the finished basement and practical layout, the defining feature is the 19,060 sqft lot. This amount of land is increasingly uncommon in the city and offers unparalleled privacy, space for additions like a garage or workshop, and a blank canvas for landscaping.

2. The home was built in 1957. What should I be aware of?
While the home is well-maintained, a buyer should budget for updates common to homes of this era, such as the roof, windows, and major mechanical systems. A thorough inspection is essential. The age also means the floorplan may be more compartmentalized than modern open-concept designs.

3. Who would this property appeal to most?
It’s ideal for a family or individual who values expansive outdoor living space over a large interior, a handyman or gardener looking for a project with a great canvas, or an investor/developer who recognizes the long-term value of the sizable lot in a mature neighborhood.

4. The rankings show the lot size is top-tier, but the house itself is average for the area. What does this mean?
This indicates you are primarily investing in the land and location. The house provides comfortable living, but the property’s premium value and future potential are tied to the land. It’s an opportunity to grow into the space over time.

5. Is the split garage a drawback?
It depends on your needs. A split garage offers flexibility (e.g., workshop and vehicle storage) but may not accommodate larger modern vehicles or multiple full-size SUVs as easily as a double attached garage. Consider your vehicle sizes and storage requirements.