800 Buckingham Road

Property Summary: 800 Buckingham Road, Winnipeg

Key Characteristics & Appeal

This is a classic, well-maintained two-storey home built in 1961, situated on an exceptionally large, private lot of nearly half an acre (19,101 sqft). Its primary appeal lies in this rare combination of generous, usable outdoor space within the city and a functional 1,440 sqft layout that includes a finished basement. The property ranks in the top 2% of all Winnipeg homes for lot size, offering a level of privacy and potential for gardens, recreation, or expansion that is increasingly difficult to find.

While the home itself is of average size for its area, its value is anchored by the land. It would suit buyers prioritizing space over newness—those looking for a family home with a huge yard, or perhaps a long-term holder who values the inherent value of a large urban lot. It’s a property for someone who sees the house as a comfortable dwelling but views the land itself as the key asset, offering both immediate enjoyment and future potential.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in the Eric Coy neighbourhood, and across all of Winnipeg. For example, being in the "top 2%" for lot size in Winnipeg confirms the lot is exceptionally large. The other rankings show it is an average-sized, older home for its immediate area, but with a very valuable piece of land.

2. Is the finished basement included in the 1,440 sqft living area?
Typically, the listed "living area" (1,440 sqft) refers to above-grade square footage. The finished basement is an additional bonus space, adding functional rooms without increasing the official living area figure.

3. What are the implications of a 1961 build year?
While the home has been maintained, buyers should budget for updates consistent with its age. The potential for older mechanical systems (like plumbing or wiring) should be factored into an inspection. Conversely, homes of this era are often praised for solid construction and simpler, more modifiable layouts.

4. Why is the assessed value a key data point here?
With an assessed value of $420,000, this provides a municipal benchmark for the property's taxable worth. It’s a useful, neutral starting point for understanding its position in the market, especially when compared to its eventual sale price, which will reflect the high demand for large lots.

5. Who would this property NOT suit?
It may not suit buyers seeking a modern, low-maintenance "turn-key" home or those who prioritize a new interior over outdoor space. The appeal is heavily weighted toward the land, so if a large yard isn't a priority, the home itself may be less compelling compared to newer options in a similar price range.