550 Fairmont Road

Eric Coy, Winnipeg

Property score

70.1

Good

Overall 70.1 · Older than most nearby homes

1,176 sqft (bottom 31%) · Built in 1962 (9 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 2 place of worships nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 2%

Past 10 years Eric Coy sales snapshot (~80% of all data)

Sold Count

243

Median price

457.5k

$/sqft

$369/sqft

Avg build year

1971

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.1 is composed by the two sections below.

Property Score

61.4Fair
Living Area1,176 sqft60Fair
Year Built196246Low
Lot Size28,281 sqft100Excellent
Neighbourhood Sales Activity24Low

Community Score

83.2Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111066

Community deep dive

$97K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)418
Labour force participation rate52%
Median age52.0
Avg household size2.3
Unemployment rate5%
Population density1306 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children27%
Median household income (2020)$97K

Housing

Renter households5%
Condominium dwellings26%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,176 sqft
0255075100
Same streetBottom 39%Same areaBottom 31%CitywideBottom 48%
Same street · Fairmont Road
#92 / 152
Bottom 39% · Avg 1,366 sqft
Same area · Eric Coy
#613 / 888
Bottom 31% · Avg 1,472 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
444k
0255075100
Same streetTop 48%Same areaTop 49%CitywideTop 29%
Same street · Fairmont Road
#73 / 152
Top 48% · Avg 459.9k
Same area · Eric Coy
#434 / 888
Top 49% · Avg 465k
Citywide · Winnipeg
#57,201 / 194,458
Top 29% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetBottom 40%Same areaBottom 28%CitywideBottom 44%

Lot Size

Elite
28,281 sqft
0255075100
Same streetTop 9%Same areaTop 5%CitywideTop 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

550 Fairmont Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 394 m), 1 parks (nearest 408 m).

Search radius
🏫Education1
🌳Parks1
Worship2

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

550 Fairmont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 550 Fairmont Road, Winnipeg

Property Overview: 550 Fairmont Road

Key Characteristics, Appeal & Target Buyer

This is a distinctive, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1962. Its most defining feature is the exceptionally large, private lot of over 28,000 square feet—a rare find that places it in the top 1% of properties in Winnipeg for land size. The home itself offers 1,176 sqft of living space with a finished basement and a detached garage.

The primary appeal lies in the extraordinary outdoor potential. The lot provides immense privacy and space for gardens, recreation, or future expansion, offering a semi-rural feel within the city. Its strong ranking (top 5%) within the Eric Coy community for lot size underscores this unique advantage. While the house is of average size for the area, it presents a solid foundation. The property suits buyers who prioritize land over square footage—those seeking a quiet retreat, gardening enthusiasts, or someone looking for a long-term property with the option to renovate or build. It’s a compelling opportunity for a buyer whose vision extends beyond the current walls to the property's overall potential.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 1%" for land size in Winnipeg means the lot is larger than 99% of all properties, highlighting its rarity and value.

2. Is the lot usable, or is it mostly wild?
While the listing doesn't specify the exact condition, a lot of this size (over half an acre) typically offers a mix of landscaped and natural areas. It provides significant flexibility for the buyer to shape it to their needs, from creating expansive lawns to maintaining wooded sections for privacy.

3. The house was built in 1962. What should I consider?
A home of this age may have original components, like windows, roofing, or mechanical systems, that could need updating or have been recently replaced. A thorough inspection is advised to understand the condition and plan for any modernizations, balancing the classic layout with contemporary efficiency.

4. Who is this property not ideally suited for?
It may not suit buyers seeking a large, modern, move-in-ready home with minimal upkeep. The appeal here is the land; the dwelling is functional but modest in size. It's best for those comfortable with potential updates and who value outdoor space more than interior grandeur.

5. How does the assessed value relate to the asking price?
The municipal assessment of $444,000 is a benchmark for property taxes and is often below market value. Its ranking (top 27% in Winnipeg) indicates it's assessed higher than most homes. The final sale price will be determined by current market demand for this unique, land-rich property.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.