694 Fairmont Road

Eric Coy, Winnipeg

Property score

69.8

Good

Overall 69.8 · Older than most nearby homes

1,288 sqft (bottom 43%) · Built in 1948 (23 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

Near average

12% smaller than neighborhood avg.

Year Built

Below average

23 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

69.8 is composed by the two sections below.

Property Score

61.5Fair
Living Area66
1,288 sqftGood
Year Built30
1948Low
Lot Size98
12,636 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

around average
1,288 sqft
0255075100
Same streetTop 50%Same areaBottom 43%CitywideTop 42%
Same street · Fairmont Road
#76 / 152
Top 50% · Avg 1,366 sqft
Same area · Eric Coy
#505 / 888
Bottom 43% · Avg 1,472 sqft
Citywide · Winnipeg
#82,476 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
331k
0255075100
Same streetBottom 9%Same areaBottom 6%CitywideBottom 39%
Same street · Fairmont Road
#138 / 152
Bottom 9% · Avg 459.9k
Same area · Eric Coy
#835 / 888
Bottom 6% · Avg 465k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

below average
1948
0255075100
Same streetBottom 18%Same areaBottom 6%CitywideBottom 26%

Lot Size

Elite
12,636 sqft
0255075100
Same streetBottom 34%Same areaTop 49%CitywideTop 3%

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

694 Fairmont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 694 Fairmont Road, Winnipeg

Property Overview & Appeal

This 1.5-storey home on a large, 12,636 sqft lot in Eric Coy offers a distinct value proposition centered on land and potential. Its key characteristic is the exceptionally large lot size, which ranks in the top 3% of all properties in Winnipeg, providing rare space for gardening, expansion, or future development in the city. The house itself is a 1,288 sqft post-war character home with an unfinished basement, presenting a classic floor plan. Its appeal lies in this blank-canvas opportunity: it’s a property for buyers who see value in the land itself and are willing to invest in updates or a renovation over time. It would suit a handy buyer, an investor looking for a lot with an existing income-producing structure, or a family planning a multi-phase home project who prioritizes outdoor space over immediate move-in perfection. A less obvious perspective is that homes of this era on large lots often have simpler, more robust structures that can be easier and more cost-effective to renovate than they initially appear.

Frequently Asked Questions

1. What does the "top 3% in Winnipeg" ranking for lot size actually mean?
It means this property's lot is larger than 97% of all residential lots in the city, making it a truly rare find for a standard city lot and a primary driver of the property's long-term value.

2. The house is from 1948. What should I be prepared for?
While systems like plumbing and electrical may have been updated, you should budget for potential updates to older components. The unfinished basement allows for easy inspection of the foundation and mechanical systems.

3. Is the unfinished basement a drawback or an opportunity?
It's a key opportunity. It provides ample storage and flexible space that can be finished to your specific needs, adding significant living area without the premium cost of a pre-finished basement.

4. Who is this property not well-suited for?
It may not suit buyers seeking a completely modern, turn-key home without any projects. The value here is in the land and the potential of the structure, requiring a vision and likely some investment.

5. How should I interpret the varying assessment rank comparisons?
The rankings show different strengths: the lot size is exceptional city-wide, while the assessed value is relatively modest for the neighborhood. This can indicate an opportunity where the market value may be driven more by the land's potential than the current state of the home.