Property Overview: 573 Buckingham Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established property in Eric Coy is defined by its generous scale and mature setting. The primary appeal lies in its substantial 19,047 sqft lot—a rare urban canvas offering privacy, space for gardens, recreation, and future expansion. The single-storey, 2,184 sqft home provides spacious and accessible living, complemented by a finished basement that adds functional flexibility. Built in 1962, the home is a solid, no-fuss structure that has been maintained over time.

Its standout feature is the exceptional land size, which ranks in the top 2% of all Winnipeg properties. This isn't just a yard; it's a legacy-sized parcel. The home itself also ranks highly for its above-average living area within its community and city. It suits buyers looking for a long-term family home with room to grow, hobbyists or gardeners craving outdoor space, or investors who recognize the intrinsic value and potential in such a large, serviced lot. It’s a property for those who value space and privacy over brand-new finishes, offering a grounded alternative to newer subdivisions.

Section 2: Frequently Asked Questions

1. What is the true value of such a large lot?
Beyond privacy and space, a lot of this size (nearly half an acre) is increasingly rare within the city. It offers long-term value through potential for subdivision (subject to zoning), additions, or simply as a premium asset in an area where most properties are on standard-sized parcels.

2. What should I expect from a home built in the 1960s?
You can expect solid construction and straightforward layouts. However, a proactive inspection is crucial to assess the condition of major aging components like the roof, foundation, plumbing, and electrical systems, which may need updating or will factor into maintenance planning.

3. How do the property rankings translate to real-world benefits?
The rankings show this home outperforms most peers in space (living area and lot size) and assessed value. In practice, this means you get more physical space and property value per dollar compared to the majority of homes in Winnipeg, particularly in its category.

4. Is the finished basement a legal suite?
The listing states the basement is finished, not that it is a legal secondary suite. A buyer must verify its current compliance with local codes and regulations if considering rental income or multi-generational living.

5. What’s the neighbourhood character of Eric Coy?
Eric Coy is a mature, established neighbourhood with a mix of mid-century and newer homes. The large lot sizes on Buckingham Road contribute to a more open, quiet feel. It offers stability and convenience, with amenities and schools nearby, appealing to those seeking a settled community atmosphere.