603 Fairmont Road

Eric Coy, Winnipeg

Property score

67.0

Good

Overall 67.0 · Smaller and older than most nearby homes

1,113 sqft (bottom 23%) · Built in 1925 (46 yrs older than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

46 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

67.0 is composed by the two sections below.

Property Score

56.2Fair
Living Area1,113 sqft60Fair
Year Built192520Low
Lot Size21,293 sqft100Excellent
Neighbourhood Sales Activity24Low

Community Score

83.2Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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
1,113 sqft
0255075100
Same streetBottom 28%Same areaBottom 23%CitywideBottom 41%
Same street · Fairmont Road
#109 / 152
Bottom 28% · Avg 1,366 sqft
Same area · Eric Coy
#681 / 888
Bottom 23% · Avg 1,472 sqft
Citywide · Winnipeg
#115,207 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 4%Same areaBottom 4%CitywideBottom 33%
Same street · Fairmont Road
#146 / 152
Bottom 4% · Avg 459.9k
Same area · Eric Coy
#856 / 888
Bottom 4% · Avg 465k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

below average
1925
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 15%

Lot Size

Elite
21,293 sqft
0255075100
Same streetBottom 49%Same areaTop 21%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

603 Fairmont Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 431 m), 1 parks (nearest 308 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 10/2019CA$200k–250k
Sold price

Same street

Bottom 11%

Same area

Bottom 4%

City-wide

Bottom 20%
Sold 7/2016CA$200k–250k
Sold price

Same street

Bottom 9%

Same area

Bottom 3%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 603 Fairmont Road, Winnipeg

Property Summary: 603 Fairmont Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by a compelling contrast. Its key characteristic is an exceptionally large, half-acre lot (21,293 sqft), which ranks in the top 1% for size across Winnipeg. This offers rare potential for expansion, gardening, or outdoor recreation within the city. The home itself is a modest 1,113 sqft one-storey bungalow built in 1925, with no basement, garage, or pool. Its appeal lies in this blank-canvas opportunity: it is a land-value proposition with a liveable house. The lot provides a long-term asset, while the existing structure offers a straightforward starting point.

It would best suit a specific type of buyer: a visionary owner-occupier looking for a project, whether a gradual renovation, a future rebuild, or a focus on outdoor living. It also appeals to investors or builders who recognize the underlying value of the large parcel in a mature neighbourhood. The thoughtful perspective here is to see beyond the home's age and modest rankings for the structure itself; the true value driver is the land's scarcity and potential, making it a strategic purchase rather than a move-in-ready home.

Section 2: Frequently Asked Questions

1. What does "no basement" mean for this home?
It means the living space is all on the main floor, with a crawlspace or shallow foundation below. This affects mechanical system placement, storage options, and potential for below-ground expansion.

2. The house ranks low on "newness" and value metrics for its street. Is this a concern?
These rankings primarily reflect the age and assessed value of the existing structure. For this property, they highlight the disparity between the older home and the valuable lot, which is the central opportunity.

3. How can the large lot be utilized?
Possibilities are extensive: adding a large garage or workshop, creating extensive gardens or private outdoor living spaces, subdividing (subject to city zoning approval), or simply enjoying the rare amount of private green space.

4. The assessed value is significantly higher than the 2019 sale price. What does this indicate?
It suggests the municipal assessment reflects the property's current market value, including the land, which has likely appreciated. The 2019 price provides a historical benchmark, but the current value is driven by today's market conditions and the lot's premium.

5. What are the main considerations for a renovation or rebuild?
Key factors will be the home's heritage status (given its 1925 build date), current condition of major systems (roof, wiring, plumbing), and Winnipeg's zoning bylaws governing setbacks and floor area ratios, which will dictate what can be built on this large lot.

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