705 Fairmont Road

Eric Coy, Winnipeg

Property score

63.6

Fair

Overall 63.6 · Smaller and older than most nearby homes

1,074 sqft (bottom 18%) · Built in 1940 (31 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

27% smaller than neighborhood avg.

Year Built

Below average

31 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

63.6 is composed by the two sections below.

Property Score

51.2Fair
Living Area52
1,074 sqftFair
Year Built24
1940Low
Lot Size93
8,993 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
1,074 sqft
0255075100
Same streetBottom 24%Same areaBottom 18%CitywideBottom 36%
Same street · Fairmont Road
#116 / 152
Bottom 24% · Avg 1,366 sqft
Same area · Eric Coy
#729 / 888
Bottom 18% · Avg 1,472 sqft
Citywide · Winnipeg
#124,271 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
319k
0255075100
Same streetBottom 7%Same areaBottom 5%CitywideBottom 35%
Same street · Fairmont Road
#141 / 152
Bottom 7% · Avg 459.9k
Same area · Eric Coy
#846 / 888
Bottom 5% · Avg 465k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Year Built

below average
1940
0255075100
Same streetBottom 10%Same areaBottom 3%CitywideBottom 19%

Lot Size

above average
8,993 sqft
0255075100
Same streetBottom 12%Same areaBottom 33%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

705 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: 705 Fairmont Road, Winnipeg

Property Overview & Appeal

This 1940s one-and-a-half storey home in Eric Coy sits on a notably large, nearly 9,000 sqft lot, offering a rare blend of vintage character and significant outdoor space within the city. Its key appeal lies in this substantial land size, which ranks within the top 8% of all Winnipeg properties, presenting a major opportunity for gardening, expansion, or future redevelopment. The home itself is modestly sized at 1,074 sqft and features a finished basement, catering to essential living needs. While the house shows its age in competitive rankings for modernity and assessed value within its immediate area, its standout asset is the land. This property would perfectly suit a buyer with a vision—whether that’s a DIY enthusiast looking to gradually update a character home with a huge yard, an investor considering the long-term land value, or someone seeking an affordable entry into a mature neighbourhood with ample room to grow.

Frequently Asked Questions

1. How does the large lot impact property taxes?
While the lot size is a valuable asset, the current property taxes are based on the relatively low total assessed value of $319,000. This suggests taxes may be more manageable than for a newer home on a standard lot, but any future significant improvements would likely increase the assessment.

2. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer interested in rental income would need to investigate the current layout and permits with the city to determine if it could be legalized.

3. What does the "one-and-a-half storey" design mean?
This typically describes a home with a main floor and a second floor under sloping rooflines, often creating cozy bedrooms with character. It’s a classic Winnipeg design, but ceiling heights and room layouts on the upper level can vary.

4. The rankings show mixed results; how should I interpret them?
The rankings are relative comparisons. They confirm this is not a new or recently renovated property, as it ranks low for "newness" in its community. However, its exceptional ranking for lot size city-wide highlights its unique, underlying value proposition.

5. What are the implications of having no garage?
The lack of a garage means parking and storage will require creative solutions. The large lot does provide potential space to add a garage or shed in the future, subject to local zoning bylaws and permitting.