Property Overview: 849 Fairmont Road

Key Characteristics, Appeal & Target Buyer

This is a distinctive, single-storey home in Winnipeg's Eric Coy neighborhood, built in 1962. Its most commanding feature is the exceptionally large, half-acre lot (over 21,300 sq ft), which places it in the top 1% of properties in Winnipeg for land size. The home itself offers 1,040 sq ft of living space with a finished basement, an attached garage, and the unique addition of a swimming pool. While the house ranks as more modest in size and newer homes exist in the area, the property’s immense appeal lies in its land and established setting. It represents a prime opportunity for outdoor living, expansion, or long-term value in a mature community.

The home would perfectly suit buyers who prioritize private outdoor space over a large interior footprint. It’s ideal for those seeking a blank-canvas yard for gardening, recreation, or future projects like a workshop or addition. Families looking for a private, resort-like backyard with a pool will find a rare offering. Conversely, it also appeals to value-oriented buyers who understand that land of this scale in the city is a finite asset, offering potential that a newer home on a standard lot cannot.

Frequently Asked Questions

1. How does the home’s age impact this purchase?
Built in 1962, the home is part of a mature, established neighborhood. Buyers should budget for updates consistent with a home of this era, but this is balanced by the irreplaceable lot size and the character of a well-settled area.

2. The living space is noted as modest. Is there room to expand?
The half-acre lot is the key factor here. It provides exceptional potential for a significant addition, a separate structure, or simply vast outdoor living space, subject to local zoning and permits.

3. Who maintains the rankings shown, and what do they mean?
The rankings are generated from local property data. They are useful for quick comparison, showing, for instance, that this lot size is exceptionally rare (top 1% in Winnipeg), while the house itself is more typical for its area.

4. What should I consider with the swimming pool?
A pool is a major lifestyle feature but requires seasonal maintenance, safety considerations, and ongoing operating costs. It significantly enhances the private oasis feel of the large yard but is a factor in annual upkeep.

5. Does the high land value mean the property is overpriced?
Not necessarily. The assessment and price reflect a premium for land scarcity. You are purchasing a rare commodity—a very large urban lot—which holds intrinsic value and offers possibilities that standard properties do not.