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613 Fairmont Road

BasementYes, renovatedPoolNoGarageDetachedBuilding TypeOne Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
21,294 sqft
Top 49%75/152
Top 20%182/888
Top 1%2480/194458

613 Fairmont Road: For Land Area. On Fairmont Road, around averageTop 49%, rank 75 of 152, and comparable homes in that group average about 21,844 sqft. in Eric Coy, above averageTop 20%, rank 182 of 888, and comparable homes in that group average about 14,658 sqft. citywide, EliteTop 1%, rank 2480 of 194458, and comparable homes in that group average about 6,570 sqft.

Year Built
1961 65 years ago
Top 64%98/152
Top 76%673/888
Top 57%110781/194458

613 Fairmont Road: For Year Built. On Fairmont Road, around averageTop 64%, rank 98 of 152, and comparable homes in that group average about 1967. in Eric Coy, below averageTop 76%, rank 673 of 888, and comparable homes in that group average about 1971. citywide, around averageTop 57%, rank 110781 of 194458, and comparable homes in that group average about 1966.

Living Area
1,045 sqft
Top 82%124/152
Top 86%760/888
Top 68%131292/194458

613 Fairmont Road: For Living Area. On Fairmont Road, below averageTop 82%, rank 124 of 152, and comparable homes in that group average about 1,366 sqft. in Eric Coy, below averageTop 86%, rank 760 of 888, and comparable homes in that group average about 1,472 sqft. citywide, around averageTop 68%, rank 131292 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
38.50k
Top 72%110/152
Top 78%690/888
Top 42%82459/194458

613 Fairmont Road: For Assessed Value. On Fairmont Road, below averageTop 72%, rank 110 of 152, and comparable homes in that group average about 460k. in Eric Coy, below averageTop 78%, rank 690 of 888, and comparable homes in that group average about 46.50k. citywide, around averageTop 42%, rank 82459 of 194458, and comparable homes in that group average about 390k.

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Highlights & common questions: 613 Fairmont Road, Winnipeg

Property Overview: 613 Fairmont Road

This well-established bungalow in Eric Coy presents a unique opportunity defined by its exceptional lot and solid foundation. Built in 1961, the home offers 1,045 sqft of living space with a finished basement and sits on a remarkably large, approximately half-acre (21,294 sqft) parcel. Its appeal lies not in modern luxury, but in space, privacy, and long-term potential. The property ranks in the top 1% in Winnipeg for lot size, offering a rare suburban feel within the city. It would particularly suit buyers looking for a spacious family home with room to grow, garden, or play; value-oriented purchasers comfortable with a home of this vintage that may require updates; and visionaries who see the underlying value in the land itself for future expansion or redevelopment.

Key Questions for Consideration

1. What is the true value proposition here?
The primary asset is the land. The lot size is exceptionally rare for Winnipeg, offering privacy and possibilities that are increasingly difficult to find. The house itself provides a liveable foundation, but the property's standout characteristic is its expansive outdoor space.

2. What should I expect from a 1961-built home?
While it has a finished basement, buyers should anticipate systems (like plumbing, electrical, and the roof) that are likely original or older, and layouts that reflect mid-century design. A thorough inspection is essential to understand the condition and any needed updates or maintenance.

3. Who is this home not ideally suited for?
It may not suit those seeking a modern, turn-key property without projects, or buyers who prioritize a home with recent high-end finishes. Its value is more in its space and potential than in contemporary convenience.

4. How do the rankings translate to real-world context?
The rankings show a compelling contrast: the property is in the 99th percentile for lot size city-wide, but the house itself is average or below average in size and assessed value for its immediate area. This underscores that you are primarily investing in the land within a mature, established neighbourhood.

5. What are the less obvious considerations?
The sheer size of the lot comes with responsibilities: higher maintenance (lawn care, landscaping) and potentially higher utility costs for a larger property. However, it also offers unique benefits like immense privacy, noise buffering from neighbours, and the potential for additions, a workshop, or extensive gardening that smaller lots cannot accommodate.

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