721 Fairmont Road

Eric Coy, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Larger than most nearby homes

1,840 sqft (top 20%) · Built in 1972 (1 yr newer than avg)

Located in a high-income area with median household income of ~131k

Transit 50.0 · 2-min walk to transit with 1 nearby route

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

83.0 is composed by the two sections below.

Property Score

80.5Excellent
Living Area89
1,840 sqftExcellent
Year Built58
1972Fair
Lot Size95
9,593 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

86.7Excellent
Household Income92
Excellent
Education Level82
Excellent
Housing Stress83
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: #46111063

Community deep dive

$131K

Median household income

$127K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

15%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)499
Labour force participation rate63%
Median age47.6
Avg household size2.6
Unemployment rate12%
Population density437 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households15%
Couple families with children38%
Median household income (2020)$131K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority4%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,840 sqft
0255075100
Same streetTop 13%Same areaTop 20%CitywideTop 16%
Same street · Fairmont Road
#20 / 152
Top 13% · Avg 1,366 sqft
Same area · Eric Coy
#181 / 888
Top 20% · Avg 1,472 sqft
Citywide · Winnipeg
#30,478 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetTop 38%Same areaTop 39%CitywideTop 25%
Same street · Fairmont Road
#57 / 152
Top 38% · Avg 459.9k
Same area · Eric Coy
#347 / 888
Top 39% · Avg 465k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 30%Same areaTop 39%CitywideTop 45%

Lot Size

above average
9,593 sqft
0255075100
Same streetBottom 19%Same areaBottom 38%CitywideTop 7%

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 10/2019CA$400k–450k
Sold price

Same street

Top 40%

Same area

Top 50%

City-wide

Top 31%

Related homes

Highlights & common questions: 721 Fairmont Road, Winnipeg

Property Overview: 721 Fairmont Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home in Eric Coy sits on a large, approximately 9,600 sqft lot, offering a notable sense of space and privacy for the area. Built in 1972, the 1,840 sqft residence features a finished basement and an attached garage. Its standout characteristic is its strong relative performance in key metrics: it ranks within the top 14% of Winnipeg homes for living space and sits on a lot size that surpasses 93% of city properties. This combination of a spacious interior on a very generous parcel is its core appeal.

The home suits buyers looking for a solid, roomy property in a mature neighbourhood without the premium of a brand-new build. It’s ideal for those who value a large yard for family, gardening, or future expansion over a recently constructed home. A thoughtful perspective is that while the house itself is from the early 70s, its above-average rankings for size and lot suggest it was a premium offering in its time and continues to offer a footprint that is increasingly rare. The 2019 sale price provides a clear, recent benchmark for value assessment, showing steady market recognition.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
The home is in the Eric Coy area of Winnipeg. The provided rankings show it performs well within its specific community for lot and living space, suggesting it's among the larger properties in the area.

2. How updated is the home?
The listing confirms a finished basement but does not specify recent renovations to kitchens, bathrooms, or systems. The build year is 1972, so prospective buyers should inquire about the age of major components like the roof, windows, and HVAC.

3. Is the price fair based on its value?
The municipal assessment is $468,000. With a last sale at $410,000 in late 2019, the assessment reflects current municipal valuation, but the market price will be determined by present conditions, recent comparable sales, and the home's interior condition.

4. What are the property taxes?
Property taxes are not listed here. They can be estimated using the City of Winnipeg's tax rate and the assessed value of $468,000, but the exact annual amount should be verified.

5. How does this lot size compare practically?
At nearly 9,600 sqft, the lot is significantly larger than average for Winnipeg. This offers ample backyard space, potential for landscaping projects, room for a shed or play structure, and possibly even future additions, subject to zoning bylaws.