686 Fairmont Road

Property Overview & Key Characteristics

This 1987-built, single-storey home in Eric Coy offers a practical and spacious layout on a large, 7,278 sqft lot. Its key appeal lies in its well-established neighbourhood setting and its above-average rankings in several key metrics for the area. The 1,466 sqft home features a finished basement and an attached garage. The data suggests it is a competitively sized and valued property within Winnipeg, ranking within the top 30% city-wide for living area and top 24% for assessed value. Its lot size is a particular standout locally. The home suits buyers looking for a move-in-ready, single-level living option with ample outdoor space in a mature community, offering a balance of space and value without being a brand-new build.

Frequently Asked Questions

1. How does this home's age affect its value?
Built in 1987, it is newer than roughly 72% of Winnipeg homes. This means major components like the roof, windows, and HVAC system are likely not original, but prospective buyers should still verify the age and condition of these updates.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and city-wide. For example, ranking in the "top 15%" for lot size in Winnipeg means 85% of city homes have a smaller lot, highlighting a key asset.

3. Is the finished basement included in the 1,466 sqft living area?
Typically, municipal living area (sqft) calculations do not include below-grade space. The 1,466 sqft refers to above-ground living space, with the finished basement providing additional usable rooms.

4. Who would this property best suit?
It's ideal for those seeking single-level living (or minimal stairs) with a large yard, possibly families, downsizers, or first-time buyers needing space. Its strong city-wide value ranking suggests it appeals to the value-conscious buyer.

5. Are there any obvious drawbacks from this data?
The data shows it ranks lower (top 80%) for lot size within its own Eric Coy community, meaning while the lot is large city-wide, there are larger lots nearby. This indicates a neighbourhood of generous properties, which is positive, but it may not be the largest on the block.