731 Fairmont Road

Eric Coy, Winnipeg

Property score

72.5

Good

Overall 72.5 · Smaller than most nearby homes

1,144 sqft (bottom 27%) · Built in 1973 (2 yrs newer than avg)

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

Transit 50.0 · 3-min walk to transit with 1 nearby route

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

2 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

72.5 is composed by the two sections below.

Property Score

63.1Fair
Living Area60
1,144 sqftFair
Year Built58
1973Fair
Lot Size95
9,892 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

around average
1,144 sqft
0255075100
Same streetBottom 34%Same areaBottom 27%CitywideBottom 44%
Same street · Fairmont Road
#101 / 152
Bottom 34% · Avg 1,366 sqft
Same area · Eric Coy
#646 / 888
Bottom 27% · Avg 1,472 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetBottom 35%Same areaBottom 30%CitywideTop 38%
Same street · Fairmont Road
#99 / 152
Bottom 35% · Avg 459.9k
Same area · Eric Coy
#619 / 888
Bottom 30% · Avg 465k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 28%Same areaTop 37%CitywideTop 43%

Lot Size

above average
9,892 sqft
0255075100
Same streetBottom 22%Same areaBottom 41%CitywideTop 6%

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 8/2019CA$250k–300k
Sold price

Same street

Bottom 16%

Same area

Bottom 7%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 731 Fairmont Road, Winnipeg

Property Summary: 731 Fairmont Road

Section 1: Key Characteristics & Appeal

This well-situated bi-level home in Eric Coy offers a compelling blend of space, value, and established community living. Its primary appeal lies in its exceptionally large, nearly 10,000 sqft lot, which places it in the top 6% of all properties in Winnipeg for land size. This provides rare potential for gardening, recreation, or future expansion. The home itself features a practical layout with 1,144 sqft of living space and a finished basement, offering good functional space for a family.

The property’s standout characteristic is its strong value proposition. With a current assessed value significantly higher than its 2019 sale price, it suggests substantial equity growth. Its assessment ranks higher city-wide than its physical characteristics alone might indicate, pointing to the premium placed on its generous lot. This home would suit first-time buyers or growing families looking for an affordable entry into a mature neighborhood with room to grow outdoors. It’s also a smart option for value-focused buyers who prioritize land size over a newer build, understanding the long-term asset value of a large parcel in the city.

Section 2: Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, ranking in the "top 6%" for lot size in Winnipeg means 94% of city properties have a smaller lot, highlighting a key advantage.

2. The house was built in 1973. What should I consider?
While the structure is over 50 years old, its rankings show it is newer than over half the homes in Winnipeg. Buyers should budget for expected maintenance and updates common to homes of this era, but also appreciate the established neighborhood and mature landscaping that comes with it.

3. Why is there no garage?
The absence of a garage is a trade-off for the vast lot size. The property offers ample space for adding a detached garage or workshop, subject to city bylaws, which is a significant opportunity not always available on standard lots.

4. How significant is the increase from the 2019 sale price to the current assessment?
The assessed value has risen considerably, reflecting market trends and the inherent value of the land. It’s important to note that assessed value is for taxation purposes; a professional market evaluation will determine its current sale value.

5. Who would this property NOT suit?
It may not suit buyers seeking a modern, turn-key home without projects, or those who prioritize a large, recently renovated interior square footage over expansive outdoor space. The bi-level design and era of the home also mean the layout and style are specific.