Property Summary: 607 Buckingham Road

Section 1: Overview & Appeal

This property is a classic, fully bungalow on an exceptionally large, private lot in the Eric Coy neighborhood. Its key characteristic is the rare combination of a spacious, single-level home (1,763 sq ft) with a vast, nearly half-acre yard (19,049 sq ft), offering immense potential for outdoor living, gardening, or future expansion. The appeal lies in its generous space, both indoors and out, and its strong value positioning within Winnipeg—it ranks in the top 2% of the city for lot size and the top 17% for living area.

It is a home suited for buyers seeking privacy and room to grow without a long commute. It would perfectly match a growing family wanting a huge backyard for children and pets, or downsizers looking for single-level living without sacrificing indoor and outdoor space. A thoughtful perspective is that while the home itself is from 1960, the sheer scale of the land provides a unique hedge; the value is as much in the untapped potential of the property as in the existing structure. It’s a solid, grounded choice for a practical buyer who prioritizes space and sees long-term potential over a modern, turn-key finish.

Section 2: Key Questions (FAQs)

1. What is the condition of the finished basement? The listing confirms a finished basement, but specifics on layout, ceiling height, and finishes would be important to clarify, as these can vary significantly in homes of this era.

2. How does the 1960 build year affect the home? While older, the home ranks average or newer than many in its immediate area. Buyers should plan for a standard inspection focused on aging components like the roof, windows, and major systems, common for any home of this vintage.

3. What makes the lot size so significant? At over 19,000 sq ft, the lot is exceptionally private and large for the city. This isn't just about a big lawn; it offers potential for additions, extensive landscaping, recreational spaces, or even subdivision, subject to city zoning.

4. The assessment value is noted at $451,000. How should I interpret this? This is the city's valuation for tax purposes, not a market price. Its ranking shows it's valued higher than 75% of Winnipeg homes, indicating the city assesses it as a substantial property. Market value is determined by current buyer demand.

5. Is the neighborhood family-friendly? Located in Eric Coy, the property ranks highly within its community for lot and home size, suggesting it's among the larger, more established properties in the area—often attractive to families. Checking local school catchments and nearby amenities would provide a complete picture.