572 Fairmont Road

Property Overview & Key Characteristics

This property is defined by its exceptional land size and its position within a well-established, mature neighborhood. The primary appeal lies in the rare 32,636 sqft lot, which places it in the top 1% of all properties in Winnipeg for land area. This offers immense potential for privacy, gardening, expansion, or simply enjoying expansive outdoor space. The home itself is a modestly sized, one-storey bungalow (1,216 sqft) built in 2000, featuring a finished basement and an attached garage.

Its value proposition is unique: it pairs a modern, low-maintenance home with the kind of generous, almost rural-sized lot rarely found in the city. The high assessment value ranking indicates it is viewed as a premium property within its market. It would perfectly suit buyers who prioritize land and long-term potential over a large existing footprint—think families seeking room for children and pets to play, hobbyists or gardeners, or those planning a future custom build or significant addition. It’s a property for a buyer whose vision starts with the land itself.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 1%" for land area city-wide means its lot is larger than 99% of other Winnipeg properties, highlighting its standout feature.

2. Is the house too small for the large lot?
The living space is average for the area, but the lot is extraordinary. This creates a specific dynamic: the home provides comfortable, modern living, while the land offers immediate outdoor utility and future possibilities that most city lots cannot.

3. What are the less obvious benefits of such a large lot?
Beyond space, it provides significant privacy and buffer from neighbors, potential for subdivision (subject to city approval), excellent stormwater management (less runoff issue), and could be a long-term hedge against increasing land density and values in the city.

4. Why is the assessment value high relative to the home's size?
Municipal assessments heavily factor in land value. The high assessment (top 14% in Winnipeg) is primarily a reflection of the premium, development-ready land, not just the built structure on it.

5. What should I consider regarding maintenance?
While the home is modern, a lot of this size requires consideration for landscaping, snow clearing, and general yard upkeep. The opportunity for creative outdoor use comes with the responsibility of managing a substantial piece of land.