785 Fairmont Road

Eric Coy, Winnipeg

Property score

64.7

Fair

Overall 64.7 · Smaller and older than most nearby homes

992 sqft (bottom 9%) · Built in 1958 (13 yrs older than avg)

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

Transit 40.0 · 6-min walk to transit with 1 nearby route

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Below average

13 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

64.7 is composed by the two sections below.

Property Score

50.0Fair
Living Area992 sqft42Low
Year Built195843Low
Lot Size22,014 sqft100Excellent
Neighbourhood Sales Activity24Low

Community Score

86.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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

below average
992 sqft
0255075100
Same streetBottom 13%Same areaBottom 9%CitywideBottom 25%
Same street · Fairmont Road
#132 / 152
Bottom 13% · Avg 1,366 sqft
Same area · Eric Coy
#807 / 888
Bottom 9% · Avg 1,472 sqft
Citywide · Winnipeg
#145,246 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
380k
0255075100
Same streetBottom 24%Same areaBottom 20%CitywideTop 44%
Same street · Fairmont Road
#116 / 152
Bottom 24% · Avg 459.9k
Same area · Eric Coy
#708 / 888
Bottom 20% · Avg 465k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 26%Same areaBottom 15%CitywideBottom 39%

Lot Size

Elite
22,014 sqft
0255075100
Same streetTop 21%Same areaTop 12%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

785 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: 785 Fairmont Road, Winnipeg

Property Summary: 785 Fairmont Road

Section 1: Overview & Appeal

This property is defined by its exceptionally large, private lot of over half an acre (22,014 sqft), a rare find within Winnipeg that places it in the top 1% of properties citywide for land size. The home itself is a modest, updated 1958 bungalow with 992 sqft of living space and a finished basement, offering functional living on a grand canvas. Its core appeal lies in the unparalleled potential of its land—for expansive gardens, recreation, future additions, or simply enjoying immense privacy in the city. While the house ranks average to below average for its size and age within the immediate area, the lot is its outstanding asset.

This home would perfectly suit a buyer whose priority is outdoor space over interior square footage. It’s ideal for gardeners, families seeking a safe, sprawling play area, or visionaries who see the long-term potential to customize or expand. It also represents a solid entry into the Eric Coy neighborhood with a manageable footprint and a municipal assessment that suggests room for value growth.

Section 2: Key Considerations & FAQs

  1. Given the home's smaller size and older age, what is the property's true value driver?
    The value is overwhelmingly in the land. You are purchasing a premium lot; the house provides functional living quarters. Future market appreciation will likely be tied more to the scarcity of such large parcels than to the specifics of the existing structure.

  2. What does the "finished basement" entail?
    The listing notes a finished basement, which adds usable living space to the 992 sqft main floor. Prospective buyers should verify the quality, ceiling height, and legal compliance of this finish during a viewing.

  3. Are there any concerns with a 1958 build?
    As with any home of this age, the mechanical systems (plumbing, electrical, heating), roof, and insulation should be carefully inspected. Its older age is reflected in its neighborhood ranking (top 86%), so updates may be needed.

  4. How does the $380K assessment compare to the likely asking price?
    The assessment is a municipal valuation for tax purposes, often below market value. Its ranking (top 40% in Winnipeg) suggests it's a moderately assessed property. The sale price will be determined by current market demand for such a unique lot.

  5. Is the property suitable for a future tear-down and rebuild?
    While the large lot certainly has the space for it, any buyer considering this must first verify zoning bylaws with the city to understand permissible building size, setbacks, and any heritage or development restrictions that may apply.

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