535 Fairmont Road

Property Overview

This is a distinctive two-storey home in Winnipeg's Eric Coy neighbourhood, built in 1986. Its primary appeal lies in offering substantial space and privacy on an exceptionally large, nearly one-acre lot (42,581 sqft), a rarity within the city. The property features a finished basement, an in-ground pool, and an attached garage. With 2,840 sqft of living space, it ranks in the top 1% for size within its community and across Winnipeg. The home's assessed value also places it well above most local properties. It suits buyers seeking a private, resort-like backyard for family living and entertaining, or those who value ample room for gardens, play, or future projects. It would particularly appeal to someone looking for the space of a rural property without leaving the city, and who is comfortable with the maintenance and updates typical of a 40-year-old home.

Key Considerations & FAQs

1. What is the true value of such a large lot? Beyond privacy, it offers long-term flexibility. It could accommodate extensive landscaping, a sport court, or even future additions (subject to bylaws). The space acts as a buffer from neighbours and street noise, creating a unique sense of retreat.

2. What should I know about the pool? An in-ground pool is a major feature but requires specific inquiry. Ask about its age, liner/condition, equipment, operating costs, fencing compliance, and whether it’s professionally opened/closed. Factor in ongoing maintenance and insurance implications.

3. How does the 1986 build year affect the home? While structurally sound, systems and finishes are at an age where updates or replacements should be anticipated. A thorough inspection is crucial to assess the roof, windows, HVAC, and plumbing. This presents an opportunity to modernize to your taste over time.

4. The home ranks highly for size, but how is the layout? The square footage is impressive, but its utility depends on the floor plan. Consider if the room distribution and flow suit your lifestyle. A finished basement adds living space, but clarify the quality of the finish and ceiling height.

5. Are there any drawbacks to a top-ranked property? High rankings for value and size can be positive, but they also mean this is a premium property in its area. This can influence property taxes and may mean future market appeal is geared toward a specific buyer looking for these exact attributes of lot size and space.