848 Fairmont Road

Eric Coy, Winnipeg

Property score

71.2

Good

Overall 71.2 · Smaller than most nearby homes

1,173 sqft (bottom 30%) · Built in 1972 (1 yr newer than avg)

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

Transit 40.0 · 8-min walk to transit with 1 nearby route

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer 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

71.2 is composed by the two sections below.

Property Score

63.8Fair
Living Area1,173 sqft60Fair
Year Built197258Fair
Lot Size19,263 sqft100Excellent
Neighbourhood Sales Activity24Low

Community Score

82.3Excellent
Household Income91Excellent
Education Level54Fair
Housing Stress100Excellent
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: #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

around average
1,173 sqft
0255075100
Same streetBottom 38%Same areaBottom 30%CitywideBottom 47%
Same street · Fairmont Road
#94 / 152
Bottom 38% · Avg 1,366 sqft
Same area · Eric Coy
#618 / 888
Bottom 30% · Avg 1,472 sqft
Citywide · Winnipeg
#102,733 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
489k
0255075100
Same streetTop 30%Same areaTop 32%CitywideTop 22%
Same street · Fairmont Road
#46 / 152
Top 30% · Avg 459.9k
Same area · Eric Coy
#284 / 888
Top 32% · Avg 465k
Citywide · Winnipeg
#41,968 / 194,458
Top 22% · Avg 390.1k

Year Built

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

Lot Size

Elite
19,263 sqft
0255075100
Same streetBottom 39%Same areaTop 30%CitywideTop 2%

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 8/2021CA$450k–500k
Sold price

Same street

Top 23%

Same area

Top 33%

City-wide

Top 22%

Related homes

Highlights & common questions: 848 Fairmont Road, Winnipeg

Property Overview: 848 Fairmont Road

This well-situated Eric Coy bungalow presents a compelling opportunity, particularly for its generous lot size and established neighbourhood feel. Built in 1972, the 1,173 sqft home sits on an exceptionally large, approximately 19,263 sqft lot—a standout feature that places it in the top 2% of all Winnipeg properties for land size. The home includes a finished basement and a split garage. Its appeal lies in the rare combination of a manageable single-storey footprint with vast outdoor space, offering immediate livability with significant long-term potential. The property’s assessed value has risen steadily, indicating a solid investment in a mature area.

This home would suit buyers looking for a quiet retreat within the city, such as downsizers seeking single-level living with room for gardens or workshops, or families with vision who prioritize private outdoor space over a large interior. It’s ideal for someone who sees value in land as a long-term asset and is comfortable with a home that may require updates over time.


Key Questions for Consideration

1. What is the true value of such a large lot?
Beyond the obvious space for recreation or gardening, a lot of this size (nearly half an acre) is increasingly rare in the city. It offers exceptional privacy, potential for expansion (subject to zoning), and represents a land asset that typically appreciates independently of the dwelling.

2. How does the home's condition compare to its rankings?
While the property ranks highly for lot size and value, its living area is average for the market. This suggests the premium is in the land. Buyers should be prepared for a home that is functional and livable but may need modernization to match the caliber of the lot.

3. What does the neighbourhood ranking indicate?
Ranking in the top 30% of its community for value suggests it's in a desirable pocket of Eric Coy. The established, quiet streets are likely a key contributor, appealing to those seeking stability over trend-driven amenities.

4. Are there any concerns with a 54-year-old bungalow?
As with any home of this age, the roof, windows, and major systems (heating, plumbing) should be carefully inspected. The finished basement should also be checked for signs of moisture, as proper drainage on a large lot is crucial.

5. Why did the assessed value increase since the 2021 sale?
The jump from the 2021 sale price to the current assessment likely reflects strong market appreciation for well-located properties, particularly those with large lots, in recent years. It also indicates the city’s recognition of the parcel’s underlying land value.

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