704 Fairmont Road

Eric Coy, Winnipeg

Property score

72.6

Good

Overall 72.6 · Compared with neighbourhood average

1,243 sqft (bottom 38%) · Built in 1970 (1 yr 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

16% smaller than neighborhood avg.

Year Built

Near average

1 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

72.6 is composed by the two sections below.

Property Score

66.2Good
Living Area1,243 sqft66Good
Year Built197052Fair
Lot Size16,309 sqft100Excellent
Neighbourhood Sales Activity24Low

Community Score

82.3Excellent
Household Income91Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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
1,243 sqft
0255075100
Same streetBottom 45%Same areaBottom 38%CitywideTop 46%
Same street · Fairmont Road
#84 / 152
Bottom 45% · Avg 1,366 sqft
Same area · Eric Coy
#553 / 888
Bottom 38% · Avg 1,472 sqft
Citywide · Winnipeg
#89,935 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
496k
0255075100
Same streetTop 27%Same areaTop 30%CitywideTop 20%
Same street · Fairmont Road
#41 / 152
Top 27% · Avg 459.9k
Same area · Eric Coy
#269 / 888
Top 30% · Avg 465k
Citywide · Winnipeg
#39,699 / 194,458
Top 20% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 37%Same areaBottom 49%CitywideTop 48%

Lot Size

Elite
16,309 sqft
0255075100
Same streetBottom 37%Same areaTop 41%CitywideTop 2%

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

704 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: 704 Fairmont Road, Winnipeg

Property Overview

This one-storey home on Fairmont Road presents a unique blend of space, privacy, and established charm. Its primary appeal lies in its exceptionally large, 16,309 sqft lot within the Eric Coy neighbourhood, offering a rare level of outdoor space for the area. The property features a finished basement, an in-ground pool, and an attached garage. Built in 1970, the 1,243 sqft home sits on a quiet street but ranks highly city-wide for lot size and assessed value, indicating a solid and desirable property foundation.

It particularly suits buyers prioritizing private outdoor living over a large interior footprint. Families or entertainers who value a sprawling yard for recreation, gardening, or future expansion will find its potential compelling. It’s also a fit for those seeking a move-in-ready home with recreational amenities like a pool, without the need for a major renovation. A thoughtful perspective is that this property offers a "land bank" opportunity in a mature neighbourhood, where the value is significantly anchored in the land itself—a long-term asset in a city where such large lots are increasingly scarce.


Frequently Asked Questions

1. How does the age of the home affect its condition and costs?
Built in 1970, major systems like the roof, plumbing, or electrical may be original or nearing the end of their service life. While the home is livable, a prudent buyer should budget for updates and consider a thorough inspection to anticipate future maintenance investments.

2. What are the annual costs associated with the pool?
Beyond initial seasonal opening/closing, factor in ongoing costs for chemicals, increased water and electricity usage for pumping/filtration, insurance implications, and periodic maintenance or resurfacing. These are significant recurring expenses.

3. Why is the assessed value notably higher than the city average?
The assessment reflects the property's overall market value, which is heavily influenced by its very large lot size. In established neighbourhoods, land value often constitutes a larger portion of the total property value than the building itself.

4. Who is responsible for maintaining the extensive yard and trees?
The homeowner is fully responsible for the upkeep of the entire 16,309 sqft lot. This includes lawn care, landscaping, and any mature trees, which can be a considerable commitment of time or expense for professional services.

5. Is the finished basement a legal secondary suite?
The listing notes a finished basement but does not specify it as a legal suite. It is crucial to verify with the city if any portion is permitted as a separate rental unit, as an unauthorized suite can affect insurance and compliance.

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