815 Buckingham Road

Property Overview

This 1954-built, one-storey home on Buckingham Road presents a unique opportunity centered on its exceptional outdoor space. Its primary appeal lies in the nearly half-acre lot (19,033 sqft), a rare find within the city that places it in the top 2% of Winnipeg for land size. The property features a finished basement, an in-ground pool, and a split garage. While the 1,373 sqft living area is modest and the home itself is older, the value proposition is heavily weighted toward the expansive, private grounds. It would perfectly suit buyers prioritizing outdoor living, privacy, and space for gardens, recreation, or future expansion over a large or modern interior. It’s a fit for those who see the land itself as the primary asset.

Key Considerations & FAQs

1. What is the true draw of this property? Beyond the house itself, the standout feature is the vast, flat lot. It offers unparalleled potential for gardening, adding structures like a workshop, or simply enjoying extensive private outdoor space—a luxury in an urban setting.

2. What should I know about the home's condition and updates? Built in 1954, the house is 72 years old. Prospective buyers should budget for a thorough inspection to understand the condition of major systems (roof, plumbing, electrical) and the pool equipment, and to plan for any necessary updates or maintenance.

3. How does the pool impact value and responsibility? The pool is a major recreational asset but also requires seasonal maintenance, safety considerations, and ongoing operating costs. It adds to the lifestyle appeal but also to the homeowner’s responsibilities.

4. Who is the ideal buyer for this home? This property suits a buyer whose vision centers on land. It could be perfect for a family wanting a large play area, hobbyists needing space for projects, or someone looking for a peaceful retreat with room to grow. It’s less suited for those seeking a large, modern, or low-maintenance interior.

5. How do the rankings and assessment value inform an offer? The rankings show the lot size is exceptionally rare (top 2% in Winnipeg), while the home’s age and living area are more common. The city’s assessment is one data point, but the market value will likely reflect the premium for the land. A buyer’s offer should balance the cost of potential updates with the value of the unique lot.