771 Fairmont Road

Eric Coy, Winnipeg

Property score

64.9

Fair

Overall 64.9 · Smaller and older than most nearby homes

1,067 sqft (bottom 17%) · Built in 1921 (50 yrs older than avg)

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

Transit 50.0 · 4-min walk to transit with 1 nearby route

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

50 yrs older 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

64.9 is composed by the two sections below.

Property Score

50.4Fair
Living Area52
1,067 sqftFair
Year Built20
1921Low
Lot Size93
8,548 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
1,067 sqft
0255075100
Same streetBottom 22%Same areaBottom 17%CitywideBottom 35%
Same street · Fairmont Road
#119 / 152
Bottom 22% · Avg 1,366 sqft
Same area · Eric Coy
#735 / 888
Bottom 17% · Avg 1,472 sqft
Citywide · Winnipeg
#125,744 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

below average
279k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 24%
Same street · Fairmont Road
#150 / 152
Bottom 1% · Avg 459.9k
Same area · Eric Coy
#876 / 888
Bottom 1% · Avg 465k
Citywide · Winnipeg
#148,065 / 194,458
Bottom 24% · Avg 390.1k

Year Built

below average
1921
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 13%

Lot Size

above average
8,548 sqft
0255075100
Same streetBottom 9%Same areaBottom 29%CitywideTop 10%

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 9/2019CA$200k–250k
Sold price

Same street

Bottom 7%

Same area

Bottom 3%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 771 Fairmont Road, Winnipeg

Property Overview & Appeal

This 1921 one-storey home on a large 8,548 sqft lot in Eric Coy presents a distinct opportunity. Its key characteristic is the generous, mature lot, which is significantly larger than most in Winnipeg, ranking in the top 10% for land size city-wide. The home itself is a modest 1,067 sqft bungalow with a finished basement and a detached garage. Its appeal lies in its potential; it's a classic "land value" proposition where the lot is the primary asset. The house, while livable, is over a century old and ranks in the bottom tier for age and assessed value within its immediate area, suggesting it's ripe for updates or redevelopment.

This property would suit a specific type of buyer: a handy homeowner looking for a project on a spacious, private lot, or an investor/developer who sees the underlying value in the land itself. It's not a move-in-ready showpiece but a canvas. A thoughtful perspective is that while the home ranks low on its street for metrics like value and newness, its lot size is a powerful, less common asset that offers long-term privacy and flexibility that newer subdivisions often lack.


Frequently Asked Questions

1. Is this a good value based on the assessment?
The assessed value of $279,000 is notably low for the area, ranking in the bottom 6% of the community. This typically reflects the age and condition of the home rather than the land. The 2019 sale price of $235,000 suggests the market price may be closer to that range, making it an accessible entry point for the lot size.

2. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Eric Coy, and across all Winnipeg. They highlight a clear story: the lot size is a major strength (top 10% in Winnipeg), while the building itself is aged and modestly valued relative to its surroundings. This data underscores the property's character as a land play with a vintage home.

3. What are the main considerations with a 105-year-old house?
While it has a finished basement, a home from 1921 will likely require ongoing maintenance and updates to major systems like wiring, plumbing, and insulation. Budgeting for these potential costs is essential. The upside is the potential for character and the established, mature neighborhood setting.

4. Who is the typical buyer for this kind of property?
It's best suited for buyers who prioritize outdoor space and future potential over immediate modern finishes. This includes DIY enthusiasts, those planning a long-term renovation, or investors considering the lot's future development potential, subject to zoning.

5. How does the detached garage impact usability?
A detached garage offers flexibility for use as a workshop or storage space separate from the house. However, it is less convenient for daily vehicle access in Winnipeg winters compared to an attached garage, a trade-off common with homes of this era.