563 Fairmont Road

Eric Coy, Winnipeg

Property score

79.7

Good

Overall 79.7 · Larger but older than most nearby homes

2,010 sqft (top 14%) · Built in 1940 (31 yrs older 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

Above average

37% larger than neighborhood avg.

Year Built

Below average

31 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

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Property score

79.7 is composed by the two sections below.

Property Score

77.4Good
Living Area94
2,010 sqftExcellent
Year Built24
1940Low
Lot Size100
20,582 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

above average
2,010 sqft
0255075100
Same streetTop 9%Same areaTop 14%CitywideTop 11%
Same street · Fairmont Road
#13 / 152
Top 9% · Avg 1,366 sqft
Same area · Eric Coy
#122 / 888
Top 14% · Avg 1,472 sqft
Citywide · Winnipeg
#20,611 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetBottom 19%Same areaBottom 17%CitywideTop 46%
Same street · Fairmont Road
#123 / 152
Bottom 19% · Avg 459.9k
Same area · Eric Coy
#737 / 888
Bottom 17% · Avg 465k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

below average
1940
0255075100
Same streetBottom 10%Same areaBottom 3%CitywideBottom 19%

Lot Size

Elite
20,582 sqft
0255075100
Same streetBottom 42%Same areaTop 22%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

563 Fairmont Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 315 m), 1 parks (nearest 273 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

Sold 1/2021CA$350k–400k
Sold price

Same street

Bottom 39%

Same area

Bottom 30%

City-wide

Top 42%
Sold 8/2017CA$300k–350k
Sold price

Same street

Bottom 35%

Same area

Bottom 21%

City-wide

Top 49%

Related homes

Highlights & common questions: 563 Fairmont Road, Winnipeg

Property Overview: 563 Fairmont Road

Key Characteristics & Appeal

This is a substantial, classic home on an exceptionally large lot in Winnipeg's Eric Coy neighborhood. Built in 1940, the two-storey house offers over 2,000 sqft of living space, placing it in the top tier for size both locally and city-wide. Its most defining feature is the land—a 20,582 sqft lot that ranks in the top 1% of all properties in Winnipeg for sheer size. This presents a rare opportunity for expansive gardens, recreational space, or future expansion.

The appeal lies in its potential and privacy. The home has an unfinished basement, offering a blank canvas for customization, and while it lacks a garage, the vast property provides ample room to add one. It suits buyers looking for a project or a long-term family home where outdoor space is a priority over turn-key finishes. The strong rankings for living area and lot size, contrasted with more modest rankings for assessed value, suggest you are paying primarily for the land and space, with room to increase the home's value through updates. It’s ideal for a hands-on buyer, a growing family needing room to play, or someone valuing a semi-rural feel within the city.


Frequently Asked Questions

1. What does the ranking data actually tell me?
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 lot size city-wide highlights its extraordinary land holding, while lower rankings for its build year confirm it's an older home that may require updates.

2. Is the unfinished basement a drawback or an opportunity?
It's a significant opportunity. While it requires investment to finish, it allows a new owner to customize the space to their exact needs—whether for a suite, recreation room, or additional bedrooms—without needing to undo previous work.

3. The assessed value is close to the 2021 sale price. What does that indicate?
This suggests the property's official valuation has remained relatively stable, which can be typical for unique properties where direct comparables are scarce. The market value will ultimately be determined by what a buyer is willing to pay for the rare combination of large home and massive lot.

4. With no garage, where is parking, and can one be built?
Parking would be via a driveway. Given the enormous lot size, adding a garage or substantial outbuilding is likely very feasible, subject to local zoning and permit approvals. This is a key project for a potential buyer to investigate.

5. Who would this property NOT suit?
It may not suit those seeking a modern, low-maintenance home ready for immediate move-in. The unfinished basement, older age (likely requiring some upkeep), and lack of a garage mean it demands a buyer with a vision, some DIY spirit, or a budget for renovations.