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599 Fairmont Road

BasementYes, renovatedPoolNoGarageDetachedBuilding TypeOne Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
21,293 sqft
Top 51%78/152
Top 21%185/888
Top 1%2483/194458

599 Fairmont Road: For Land Area. On Fairmont Road, around averageTop 51%, rank 78 of 152, and comparable homes in that group average about 21,844 sqft. in Eric Coy, above averageTop 21%, rank 185 of 888, and comparable homes in that group average about 14,658 sqft. citywide, EliteTop 1%, rank 2483 of 194458, and comparable homes in that group average about 6,570 sqft.

Year Built
1956 70 years ago
Top 77%117/152
Top 88%781/888
Top 64%124253/194458

599 Fairmont Road: For Year Built. On Fairmont Road, below averageTop 77%, rank 117 of 152, and comparable homes in that group average about 1967. in Eric Coy, below averageTop 88%, rank 781 of 888, and comparable homes in that group average about 1971. citywide, around averageTop 64%, rank 124253 of 194458, and comparable homes in that group average about 1966.

Living Area
845 sqft
Top 93%142/152
Top 98%867/888
Top 88%170419/194458

599 Fairmont Road: For Living Area. On Fairmont Road, below averageTop 93%, rank 142 of 152, and comparable homes in that group average about 1,366 sqft. in Eric Coy, below averageTop 98%, rank 867 of 888, and comparable homes in that group average about 1,472 sqft. citywide, below averageTop 88%, rank 170419 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
350k
Top 88%133/152
Top 91%805/888
Top 54%104540/194458

599 Fairmont Road: For Assessed Value. On Fairmont Road, below averageTop 88%, rank 133 of 152, and comparable homes in that group average about 460k. in Eric Coy, below averageTop 91%, rank 805 of 888, and comparable homes in that group average about 46.50k. citywide, around averageTop 54%, rank 104540 of 194458, and comparable homes in that group average about 390k.

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Sales History

Sold 3/201725.30k
MetricSame streetSame areaCity-wide
Sale price
25.30k
Top 99%151/152

Below average

same street Top 99%

Top 99%882/888

Below average

neighbourhood Top 99%

Top 82%160206/194458

Below average

Winnipeg Top 82%

Highlights & common questions: 599 Fairmont Road, Winnipeg

Property Overview

This 1956-built bungalow at 599 Fairmont Road presents a unique proposition. Its primary appeal lies in the exceptional 21,293 sqft lot, a rare find that places it in the top 1% of properties in Winnipeg for land size. The home itself is a modest 845 sqft one-storey with a finished basement and a detached garage. While the interior living space is compact, the property's value is fundamentally anchored in its expansive, private outdoor canvas. It suits a buyer with vision—someone who values long-term land potential over immediate square footage, whether for gardening, future expansion, or simply enjoying unparalleled space in the city.

The property's rankings reveal its character: it competes on land, not on the age or size of the dwelling. It ranks highly within its community for lot size but falls in the lower percentiles for living area and recent sale price. This disconnect highlights its nature as a land-value play. It would perfectly suit a hands-on buyer looking for a starter home with unmatched outdoor potential, an investor seeing long-term redevelopment value, or anyone seeking a tranquil, spacious retreat without leaving city limits.


Key Questions for Buyers

1. What does the "top 1% in Winnipeg for land size" actually mean for me?
It means you are getting a property lot that is significantly larger than almost all others in the city. This offers exceptional privacy, space for extensive gardens, recreational areas, or future projects like a workshop or addition, which are simply not possible on standard lots.

2. The house is smaller and older. What are the main considerations?
The 845 sqft living space is cozy and will require efficient use of rooms and storage. A home from 1956 will likely need updates to mechanical systems, windows, or insulation to improve comfort and energy efficiency. View the house as a solid foundation, with the lot being the key asset.

3. How should I interpret the mixed rankings (e.g., high for land, low for living area)?
This is the essential profile of the property. The rankings confirm you are purchasing for the land, not for a large or modern dwelling. Its value is not in competing with newly-renovated homes, but in offering an opportunity that is increasingly rare: vast, usable space.

4. Is the finished basement a major plus?
Yes, it effectively doubles the usable living space, which is crucial in a home of this size. It provides essential room for a family room, additional bedrooms, or a dedicated workspace, making the overall living experience much more functional.

5. The 2017 sale price seems low compared to the current assessment. What does this indicate?
The 2017 price is a historical data point and reflects the market conditions and property state at that time. The current assessment suggests market recognition of the underlying land value. The true market price will be determined by what buyers are willing to pay today for this unique combination of a modest home on a premier lot.

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