Property score
87.1
Excellent
Overall 87.1 · Larger and newer than most nearby homes
2,111 sqft (top 10%) · Built in 2004 (33 yrs newer 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 1 place of worship nearby
Living Area
Above average
43% larger than neighborhood avg.
Year Built
Above average
33 yrs newer than neighborhood avg.
Mother tongue
English · 80%French · 2%
Past 10 years Eric Coy sales snapshot (~80% of all data)
243
457.5k
$369/sqft
1971
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87.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111066
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
551 Fairmont Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 305 m), 1 parks (nearest 309 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 9% | Top 6% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 551 Fairmont Road, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established bungalow in the Eric Coy neighbourhood, built in 2004. Its primary appeal lies in offering substantial space both inside and out, combined with strong market standing. The home features over 2,100 sqft of finished living space, a fully finished basement, and sits on a large, private lot of approximately 13,200 sqft—a rarity that provides ample room for gardens, recreation, or future additions. The property consistently ranks in the top tiers of its local market for lot size, living area, and assessed value, indicating it's a premium offering within its area.
The home would best suit buyers looking for single-level living in a mature setting without sacrificing interior space, such as growing families or those planning for long-term accessibility. It also appeals to value-conscious purchasers who prioritize land size—a non-replicable asset—and appreciate a home with a proven, strong valuation history. A less obvious perspective is its potential for buyers who value privacy and outdoor space over a brand-new build; the 22-year-old home is settled in a landscaped lot, offering an established, tranquil environment that newer subdivisions often can't match.
Frequently Asked Questions
1. What is the significance of the property's high rankings?
The rankings show how this home compares to others in its immediate area and across Winnipeg. For key metrics like lot size and assessed value, it ranks in the 97th-98th percentile locally, meaning it is objectively among the largest and most highly valued properties in the community, which speaks to its enduring appeal and investment stature.
2. The home was last sold in 2017. What does that history suggest?
The 2017 sale indicates a period of stable, long-term ownership, which often means the home has been well-maintained and any significant upgrades are likely settled. The substantial increase in assessed value since that time also reflects strong market appreciation for the property and area.
3. Who might this property not be ideal for?
It may not suit buyers seeking a modern, open-concept layout typical of newer builds, or those who prefer a low-maintenance yard. The large lot, while a major asset, requires more upkeep. Additionally, buyers with a strict budget near the assessed value should be prepared for potential competitive interest given its high rankings.
4. How does the "one storey" design impact living?
The bungalow style offers the convenience and accessibility of having all primary living areas on one level, which is a significant long-term advantage. The finished basement effectively doubles the liveable space, providing excellent areas for recreation, guests, or hobbies separate from the main floor.
5. The lot is large, but how private is it?
While street views don't show specific fencing, a lot of this size (over a quarter-acre) inherently provides more distance from neighbours than standard suburban lots. The positioning and any existing mature plantings would be key to confirming the level of privacy, which is a major feature to verify during a viewing.
