Property Overview: 631 Fairmont Road

Key Characteristics & Appeal

This property is defined by its exceptionally large, half-acre lot (21,294 sqft), which places it in the top 1% of all properties in Winnipeg for land size. The single-storey home, built in 1989, offers 1,718 sqft of living space and includes an unfinished basement and an attached garage. Its appeal is rooted in rarity and space. While the house itself is comfortable and well-sized, the true value lies in the expansive, blank-canvas yard, offering unparalleled privacy and potential for gardens, recreation, or future expansion in a well-established neighborhood.

The home suits two primary types of buyers: those seeking a peaceful, private oasis within the city where the land itself is the main feature, and practical visionaries who see the potential in the unfinished basement and large lot for customization. It’s a property for someone who values outdoor space over a brand-new build, offering a balance of a solid, modern-enough home on a parcel of land that is increasingly hard to find.

Frequently Asked Questions

1. What is the true standout feature of this property?
Beyond the house itself, the half-acre lot is the defining asset. It provides a level of privacy and space that is rare in the city, making it ideal for those who prioritize outdoor living, gardening, or simply want room to breathe.

2. What does the "unfinished basement" entail?
The basement is a blank slate with the core structure in place. It presents a clear opportunity to add significant living space, storage, or specialized rooms (like a workshop or home gym) tailored to a new owner's needs, but requires a planned investment to finish.

3. How does the 1989 build year affect the home?
A home of this age is likely past its major initial systems warranties but is also from an era of modern building standards. Prospective buyers should budget for the eventual updating of items like the roof, windows, or HVAC systems, while appreciating the established neighborhood and mature landscaping.

4. Who would this property not suit as well?
It may not suit buyers seeking a pristine, move-in-ready home where every detail is complete, or those who prefer a low-maintenance, small-yard lifestyle. The value here is in the space and potential, which requires some vision or appreciation for land over turn-key perfection.

5. What do the high ranking percentages actually mean?
They indicate this property outperforms a large majority of comparable listings in its immediate area and across Winnipeg on key metrics like lot size, living area, and assessed value. For example, being in the top 1% for lot size city-wide underscores its unique offering.