685 Fairmont Road

Eric Coy, Winnipeg

Property score

54.3

Fair

Overall 54.3 · Smaller and older than most nearby homes

780 sqft (bottom 1%) · Built in 1951 (20 yrs older than avg)

Located in a high-income area with median household income of ~120k

Transit 58.0 · 1-min walk to transit with 1 nearby route

Living Area

Below average

47% smaller than neighborhood avg.

Year Built

Below average

20 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 1%

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

54.3 is composed by the two sections below.

Property Score

35.6Low
Living Area22
780 sqftLow
Year Built36
1951Low
Lot Size93
8,997 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

82.3Excellent
Household Income91
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
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: #46111064

Community deep dive

$120K

Median household income

$129K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

19%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)549
Labour force participation rate55%
Median age47.6
Avg household size2.6
Unemployment rate4%
Population density1444 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children38%
Median household income (2020)$120K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
780 sqft
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 8%
Same street · Fairmont Road
#148 / 152
Bottom 3% · Avg 1,366 sqft
Same area · Eric Coy
#882 / 888
Bottom 1% · Avg 1,472 sqft
Citywide · Winnipeg
#179,126 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
374k
0255075100
Same streetBottom 20%Same areaBottom 17%CitywideTop 46%
Same street · Fairmont Road
#122 / 152
Bottom 20% · Avg 459.9k
Same area · Eric Coy
#734 / 888
Bottom 17% · Avg 465k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

below average
1951
0255075100
Same streetBottom 18%Same areaBottom 8%CitywideBottom 29%

Lot Size

above average
8,997 sqft
0255075100
Same streetBottom 14%Same areaBottom 34%CitywideTop 8%

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

Search radius
No data within 500 m.

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 10/2020CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 15%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 685 Fairmont Road, Winnipeg

Property Overview: 685 Fairmont Road, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, classic 1951 bungalow in the Eric Coy neighbourhood, offering a rare combination of a very large, nearly 9,000 sqft lot and a fully finished basement. Its key appeal lies in its land value and potential. The 780 sqft main floor provides a manageable footprint for easy living or a foundation to build upon, while the expansive yard presents significant opportunity for gardening, expansion, or future development, subject to zoning.

The home’s standout characteristic is its competitive positioning within Winnipeg. It ranks in the top 8% of the city for lot size, meaning it offers more land than 92% of other properties—a considerable asset in today’s market. The 2020 sale price of $325,000 sits well below the current assessed value of $374,000, suggesting recognized growth potential.

This property would suit a practical buyer who values land over lavish square footage. It’s ideal for a first-time buyer looking for a solid starter home with a huge yard, an investor seeing long-term land value, or a hands-on owner willing to live in it while gradually updating the interior. Its one-storey layout also makes it a candidate for those considering future accessibility.

Section 2: Frequently Asked Questions

1. Is the house too small at 780 sqft?
While the main floor is compact, the fully finished basement effectively doubles the liveable space, making the home more practical than the square footage alone suggests. The trade-off is the exceptional outdoor space.

2. What does the lot size ranking really mean?
Being in the top 8% city-wide for lot size is a major advantage. It not only provides private outdoor space but can also be a key driver of future property value, often appreciating faster than the building itself.

3. Should the 75-year age be a concern?
The age is typical for the area and is reflected in the price. A thorough inspection is essential, but a home of this vintage often features solid construction and mature landscaping that newer homes lack.

4. Why is the assessed value higher than the last sale price?
The 2020 sale was three years ago. The higher current assessment likely reflects strong market appreciation in the area, particularly for properties with large lots, validating the investment made by the previous owners.

5. Who is the typical buyer in this neighbourhood?
Eric Coy attracts a mix of long-time residents, young families drawn by the lot sizes and quieter streets, and value-conscious buyers seeking entry into established communities without the premium of brand-new builds.