638 Fairmont Road

Eric Coy, Winnipeg

Property score

75.5

Good

Overall 75.5 · Compared with neighbourhood average

1,302 sqft (bottom 46%) · Built in 1972 (1 yr newer than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer 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

75.5 is composed by the two sections below.

Property Score

70.4Good
Living Area71
1,302 sqftGood
Year Built58
1972Fair
Lot Size100
23,582 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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
1,302 sqft
0255075100
Same streetTop 47%Same areaBottom 46%CitywideTop 41%
Same street · Fairmont Road
#71 / 152
Top 47% · Avg 1,366 sqft
Same area · Eric Coy
#477 / 888
Bottom 46% · Avg 1,472 sqft
Citywide · Winnipeg
#80,662 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 36%Same areaTop 35%CitywideTop 24%
Same street · Fairmont Road
#54 / 152
Top 36% · Avg 459.9k
Same area · Eric Coy
#311 / 888
Top 35% · Avg 465k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 30%Same areaTop 39%CitywideTop 45%

Lot Size

Elite
23,582 sqft
0255075100
Same streetTop 15%Same areaTop 9%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

638 Fairmont Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 486 m).

Search radius
🌳Parks1

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 7/2019CA$350k–400k
Sold price

Same street

Bottom 42%

Same area

Bottom 34%

City-wide

Top 41%

Related homes

Highlights & common questions: 638 Fairmont Road, Winnipeg

Property Overview

This 1972-built, one-storey home in Winnipeg's Eric Coy neighbourhood presents a unique proposition centered on its exceptional land. Sitting on over half an acre (23,582 sqft), the property ranks in the top 1% for lot size across the entire city, offering a rare level of space and privacy uncommon in an urban setting. The 1,302 sqft house features a finished basement and an attached garage. Its appeal lies not in being a modern showcase, but in providing a solid, blank-canvas opportunity on a truly premium parcel of land. The recent assessed value suggests significant appreciation since its 2019 sale.

This home would best suit a buyer who prioritizes outdoor space and long-term potential over immediate turn-key perfection. It’s ideal for someone with renovation or expansion plans, a growing family desiring room for play and gardens, or a buyer seeking an investment in land value. The rankings indicate it’s a larger, more valuable property than most in Winnipeg, yet the house itself is modest relative to its lot, highlighting where the true value lies.


Frequently Asked Questions

1. What does the "top 1% for lot size" ranking actually mean?
It means this property's land area is larger than 99% of all residential properties in Winnipeg. In practical terms, you are getting a uniquely large, private yard that is extremely difficult to find within the city.

2. The house was built in 1972. What should I be aware of?
While systems like roofing, windows, and plumbing may have been updated, a home of this age will likely require ongoing maintenance or modernizations. A thorough inspection is essential to understand the condition of major components and to inform any renovation plans.

3. Why is the assessed value so much higher than the 2019 sale price?
The increase reflects strong market appreciation over the past five years, particularly for properties with desirable characteristics like very large lots. The assessed value also indicates the city's view of its current market value relative to comparable properties.

4. Is the finished basement included in the 1,302 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional space such as a rec room or extra bedrooms, but it is not counted in the official square footage figure provided.

5. Who would this property NOT be suitable for?
It may not suit buyers seeking a low-maintenance, modern home ready for immediate move-in without any work. The appeal is heavily weighted toward the land, so those unwilling to consider future updates to the house itself or who don't value extensive outdoor space may not see its full potential.