739 Buckingham Road

Property Overview: 739 Buckingham Road

This 3-level split home, built in 1954, sits on an exceptionally large, mature lot of over 16,000 sqft in Winnipeg's Eric Coy neighbourhood. Its primary appeal lies in the rare combination of a vast, private outdoor space and a functional, updated layout featuring a finished basement. While the house itself (1,136 sqft) offers comfortable living space, its standout characteristic is the land, which ranks in the top 2% of Winnipeg for lot size. This creates a unique canvas for gardening, recreation, or future expansion. The property suits buyers seeking privacy and room to breathe within the city, who value outdoor potential over a brand-new build, and who are comfortable with the maintenance and character of a well-established home.

Key Considerations & FAQs

1. What is the true value proposition here? The value is heavily weighted toward the land. You are purchasing significant outdoor space—a rarity in the city—with a solid, functional house included. This differs from newer subdivisions where the home is the primary asset.

2. What should I know about a home from 1954? While updated, a 72-year-old home will have older core components. A thorough inspection is crucial to understand the condition of the roof, foundation, plumbing, and electrical systems, and to budget for ongoing maintenance.

3. Is the large lot a burden or an benefit? It offers great privacy and potential, but also requires more time and cost for landscaping, lawn care, and snow clearing compared to a standard lot. It's a feature for those who enjoy outdoor space, not for those seeking low-maintenance.

4. Who would this property not suit? It may not be ideal for those seeking a modern, open-concept layout or turn-key, low-maintenance living. The split-level design involves stairs, and the home's footprint is modest relative to the lot size.

5. How do the rankings help? The provided rankings are contextual. They show that while the house is average in size and age for its area, the lot size is extraordinary city-wide, and the assessed value is relatively high for the community, reflecting that unique land premium.