666 Fairmont Road

Property Overview: 666 Fairmont Road, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-established, single-storey home in the Eric Coy neighbourhood, built in 1970. Its most defining feature is the exceptionally large, private lot of nearly 11,000 square feet—a rarity that places it in the top 5% of all properties in Winnipeg for land size. The home itself offers 1,218 sqft of living space with a finished basement and a detached garage.

The primary appeal lies in its balance of space, value, and potential. The vast yard is a blank canvas for gardening, recreation, or future expansion, offering a level of privacy uncommon in the city. While the house ranks moderately within its immediate area for size and assessed value, its land asset is outstanding. It suits buyers looking for a solid, no-frills home where the true investment is the land itself—perfect for families seeking room to play, DIY enthusiasts with a vision for the home, or long-term holders who understand the intrinsic value of a large lot in a mature community.

Section 2: Frequently Asked Questions

1. How does the large lot impact property taxes?
While the lot size is a significant asset, the assessed value—and thus the taxes—are based on the overall property, including the building. The current assessment of $414,000 suggests taxes are calibrated more towards the home's modest size and age than the land alone, which can be an advantage.

2. Is the finished basement included in the listed living area?
No. The 1,218 sqft figure refers to the above-ground living area. The finished basement provides additional, flexible space that is not counted in that official square footage.

3. What does the "超越95%...前5%" ranking for land actually mean?
This statistical ranking indicates that this property's lot is larger than 95% of all residential lots in Winnipeg. It’s a quantifiable way to understand just how rare a parcel of this size is within the city limits.

4. The home was last sold in 2016. What does the price history suggest?
The 2016 sale price of $337,000 compared to the current $414,000 assessment shows a reasonable increase in line with market trends over eight years. It indicates stable, organic growth without the volatility of a rapid, speculative flip.

5. Who would this property NOT be ideal for?
It may not suit buyers seeking a modern, turn-key home or those unwilling to consider updates over time. The appeal is grounded in the land and the solid foundation of the house, not in high-end finishes or new construction.