630 Buckingham Road

Property Overview

This 1966-built, one-storey home on Buckingham Road is defined by its exceptionally large, private lot of nearly 20,000 sqft in the Eric Coy neighbourhood. With 1,490 sqft of living space, a finished basement, and an attached garage, it offers comfortable, single-level living. The property’s standout appeal lies in its rare combination of a very spacious yard within the city and its strong performance in key market metrics. It ranks in the top 2% of all Winnipeg homes for lot size and the top 13% for assessed value, indicating a property that is both unique and financially substantial in its category. It suits buyers looking for ample outdoor space for gardens, recreation, or future expansion, who value privacy and room to breathe more than a newly built home. It would also appeal to an investor or homeowner who places weight on statistical market advantages, as its high percentile rankings for lot size and value suggest a property with enduring, above-average fundamentals.

Key Details & Questions

What are the less obvious advantages of this property?
Beyond the obvious lot size, the data suggests a high degree of "relative scarcity." Ranking in the 98th percentile for lot size city-wide means comparable properties rarely come to market. Furthermore, its assessed value ranks significantly higher than its age or interior size, implying the land itself is a major and recognized driver of its worth.

Is the house itself outdated?
Built in 1966, the home is 60 years old. While it offers modern essentials like a finished basement, buyers should anticipate maintenance consistent with its age and budget for updates to interior systems or aesthetics to suit personal taste.

How does the neighbourhood ranking work?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg for specific traits. For example, being in the top 29% of the neighbourhood for living size means it's larger than most nearby homes, while being in the top 68% for age means it is older than many in the area.

What does the transaction history indicate?
The home sold for $515,000 in April 2021. Its current assessed value is $540,000. This recent sale provides a clear, concrete benchmark for market value just three years ago, offering a solid data point for price comparison and trend analysis.

Who might this property not suit?
It may not suit those seeking a modern, low-maintenance home or a dense, walkable urban streetscape. The appeal here is primarily in the land and space, so buyers prioritizing turn-key contemporary design or a bustling community vibe might need to look elsewhere.