Property Overview: 808 Buckingham Road, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic, one-storey home on an exceptionally large, mature lot of nearly half an acre (19,102 sqft). Built in 1961, the 972 sqft residence features an unfinished basement, providing a blank canvas for storage or future expansion. Its standout characteristic is the land itself, which ranks in the top 2% of Winnipeg for lot size, offering immense privacy and space rarely found within the city.

The appeal lies in the property's potential and lifestyle. The vast yard is perfect for gardening, recreation, or future additions like a garage or workshop. While the home itself is modest in size and ranking, the lot represents a long-term asset in a well-established neighbourhood. This property would best suit a buyer with vision—someone seeking space over immediate turn-key finishes, such as a hands-on renovator, a multi-generational family planning an addition, or an investor valuing the underlying land value. It offers a rare opportunity to own a substantial piece of land, with the home itself serving as a solid starting point.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. Key takeaways: the lot size is exceptionally large (top 2% in the city), while the house itself, in terms of size and assessed value, is more modest compared to its immediate neighbours.

2. Is the unfinished basement a drawback or an opportunity?
It's primarily an opportunity. While it doesn't add finished living space now, it provides ample storage and flexible future potential for development to suit a new owner's needs, without the cost of undoing a previous renovation.

3. Who would benefit most from such a large lot?
Beyond gardeners and those seeking privacy, it's ideal for anyone with hobbies or needs that require space—like woodworking, owning multiple vehicles, or keeping pets. It also offers significant potential for landscape design or even future subdivision, subject to municipal approval.

4. The home's assessed value ranks higher city-wide than in the neighbourhood. Why?
This suggests that while the home may be smaller or more dated than many in Eric Coy, the tremendous lot size boosts its overall value when compared to the entire Winnipeg market, where such large parcels are exceedingly rare.

5. What are the less obvious considerations with a property like this?
Consider ongoing maintenance for a large lot (mowing, landscaping) and the potential for higher property taxes based on land value. Also, a 65-year-old home will likely have older major systems (roof, plumbing, electrical) that should be carefully evaluated, as any updates would be an investment into a home with a truly unique land asset.