561 Fairmont Road

Eric Coy, Winnipeg

Property score

73.4

Good

Overall 73.4 · Smaller but newer than most nearby homes

1,137 sqft (bottom 27%) · Built in 1983 (12 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

12 yrs newer 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

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Property score

73.4 is composed by the two sections below.

Property Score

66.8Good
Living Area60
1,137 sqftFair
Year Built73
1983Good
Lot Size100
17,743 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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
1,137 sqft
0255075100
Same streetBottom 32%Same areaBottom 27%CitywideBottom 44%
Same street · Fairmont Road
#103 / 152
Bottom 32% · Avg 1,366 sqft
Same area · Eric Coy
#651 / 888
Bottom 27% · Avg 1,472 sqft
Citywide · Winnipeg
#109,866 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetTop 35%Same areaTop 35%CitywideTop 23%
Same street · Fairmont Road
#53 / 152
Top 35% · Avg 459.9k
Same area · Eric Coy
#307 / 888
Top 35% · Avg 465k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 20%Same areaTop 17%CitywideTop 31%

Lot Size

Elite
17,743 sqft
0255075100
Same streetBottom 39%Same areaTop 40%CitywideTop 2%

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

561 Fairmont Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 304 m), 1 parks (nearest 274 m).

Search radius
🏫Education1
🌳Parks1
Worship1

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

561 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: 561 Fairmont Road, Winnipeg

Property Overview: 561 Fairmont Road

Key Characteristics & Appeal

This is a well-established bi-level home in Winnipeg's Eric Coy neighbourhood, built in 1983. Its most defining feature is the exceptionally large, approximately 17,743 sqft lot, which places it in the top 2% of all properties in Winnipeg for land size. The home itself offers 1,137 sqft of living space with a finished basement and an attached garage. Recent assessment values are strong, ranking in the top 21% city-wide.

The primary appeal lies in the rare combination of a very large, private yard within the city—a blank canvas for gardening, recreation, or future expansion—coupled with a solid, move-in-ready house. Its value proposition is grounded more in land potential and established community than in modern square footage. This property would suit buyers looking for space and privacy without moving to a rural area, such as growing families, those who enjoy gardening or outdoor entertaining, or long-term investors who recognize the inherent value of a large urban lot. A thoughtful perspective is that while the home's interior size is modest relative to the land, this presents an opportunity: the value is anchored in the irreplaceable lot, with the house offering functional living space until future renovations or redevelopment might be considered.

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 for specific metrics. For example, being in the "top 2%" for land size means 98% of Winnipeg properties have a smaller lot. It's a quick way to see where this home excels or is more average in direct comparison.

2. Is the large lot a maintenance burden?
It can be, but it also offers flexibility. While a standard-sized lawn requires regular mowing, the significant extra space could be managed creatively—through naturalization of certain areas, creating low-maintenance garden beds, or even subdivision potential in the long term, subject to zoning.

3. Who is the typical buyer in this area?
Eric Coy attracts a mix of long-time residents and families drawn to its mature community feel. Given this property's profile, it would likely appeal to those prioritizing outdoor space and established neighbourhoods over a brand-new home.

4. What are the implications of the "bi-level" design?
Bi-levels typically feature split entryways with living areas on one level and sleeping areas on another. This offers good separation of space. Buyers should note that the listed living area includes the finished basement, which is common for this style.

5. How does the assessment value relate to the asking price?
The assessed value ($479,000) is for municipal tax purposes and is based on mass appraisal techniques from a prior date. It's a useful benchmark for understanding the city's valuation relative to others, but the final sale price is determined by the current market.