724 Fairmont Road

Eric Coy, Winnipeg

Property score

75.2

Good

Overall 75.2 · Larger but older than most nearby homes

1,680 sqft (top 28%) · Built in 1930 (41 yrs older than avg)

Located in a high-income area with median household income of ~120k

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

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Below average

41 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

75.2 is composed by the two sections below.

Property Score

70.4Good
Living Area83
1,680 sqftExcellent
Year Built22
1930Low
Lot Size100
21,795 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

above average
1,680 sqft
0255075100
Same streetTop 22%Same areaTop 28%CitywideTop 22%
Same street · Fairmont Road
#33 / 152
Top 22% · Avg 1,366 sqft
Same area · Eric Coy
#248 / 888
Top 28% · Avg 1,472 sqft
Citywide · Winnipeg
#42,188 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
334k
0255075100
Same streetBottom 10%Same areaBottom 6%CitywideBottom 40%
Same street · Fairmont Road
#137 / 152
Bottom 10% · Avg 459.9k
Same area · Eric Coy
#831 / 888
Bottom 6% · Avg 465k
Citywide · Winnipeg
#115,799 / 194,458
Bottom 40% · Avg 390.1k

Year Built

below average
1930
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 18%

Lot Size

Elite
21,795 sqft
0255075100
Same streetTop 34%Same areaTop 15%CitywideTop 1%

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

724 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: 724 Fairmont Road, Winnipeg

Property Overview: 724 Fairmont Road, Winnipeg

Key Characteristics & Appeal

This is a classic, two-storey home built in 1930, situated on an exceptionally large, half-acre lot (21,795 sqft) in the Eric Coy neighbourhood. Its primary appeal lies in the rare combination of a character home and vast, private outdoor space within the city. With 1,680 sqft of living space, an unfinished basement, and a detached garage, it offers solid fundamentals. The home’s standout feature is its land: the property ranks in the top 1% in Winnipeg for lot size, offering immense potential for gardening, recreation, or future expansion.

Its appeal is dual in nature. For a buyer seeking a project, it presents a chance to customize a home with great bones on a truly generational lot. For those valuing space and privacy above modern finishes, it offers immediate livability with unmatched outdoor room. It would particularly suit buyers looking for a long-term family home where the yard is as important as the house itself, or visionaries who see the potential in the blank canvas of the unfinished basement and expansive grounds. A thoughtful perspective is that while the home itself ranks average in size and below average in assessed value for its immediate area, the land it sits on is an increasingly scarce commodity, suggesting the property’s long-term value is anchored more in its parcel than its current structure.

Frequently Asked Questions

1. What does the assessment ranking mean?
The assessment value ranks in the lower half for the city, which often reflects the home’s older age and unfinished state rather than the land value. This can indicate a potential property tax advantage relative to the lot size.

2. Is the lot subdividable?
This is a key question given the lot size. Any subdivision would require investigation with the City of Winnipeg’s planning department, as zoning bylaws and easements will determine feasibility.

3. What are the implications of a 1930s build?
Buyers should budget for and inspect era-specific features. This includes the potential for original wiring or plumbing, older windows, and the need for insulation upgrades, balanced by the character and solid construction of the time.

4. Why is the garage noted as "分体车库" (detached garage)?
This confirms the garage is a separate structure. This offers flexibility (e.g., for a workshop) but means dealing with a separate roof, foundation, and access during winter.

5. How significant is the "unfinished basement"?
It provides valuable storage and mechanical space, and offers the opportunity to add living area tailored to a new owner’s needs. However, any development would be a project to budget for, and its condition should be checked for moisture or foundation concerns common to homes of this vintage.