858 Fairmont Road

Property Overview: 858 Fairmont Road

This well-established bi-level home in Eric Coy offers a blend of space, location, and value. Its key appeal lies in its generous 10,197 sqft lot—a rarity that provides ample outdoor potential—combined with a practical and finished layout. The home’s rankings reveal a compelling picture: it stands out in Winnipeg for its above-average living space and lot size, placing it in the top tiers city-wide. While the 1974 build means some systems may need attention, its overall assessed value and footprint offer solid fundamentals. This property would suit a buyer looking for a spacious yard for family or gardening, who appreciates a home with room to grow or customize over time, and values a position that outperforms most of the city on key metrics without a premium price tag. It’s a grounded choice for a practical upgrade.

Key Details & Questions

• What are the home’s standout features? The nearly quarter-acre lot is its most distinctive asset, offering exceptional outdoor space for a city property. The finished basement adds functional living area, and the home ranks highly city-wide for both its lot size and living space.
• What should I consider about its age? Built in 1974, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is advised to budget for potential updates, which is balanced by the value offered by the land and square footage.
• How does its value compare? With an assessed value of $465,000, it ranks higher than over three-quarters of Winnipeg homes, suggesting good underlying value for its offerings. The price likely reflects the desirable lot and the home’s condition as a solid, older property.
• What is a bi-level layout? A bi-level features two distinct levels separated by a short staircase from the main entrance. This often creates a clear separation between living spaces (typically upstairs) and bedroom or recreational spaces (downstairs), which some find efficient and others find less open than a true bungalow or two-storey.
• Who is the typical buyer here? It’s ideal for a buyer prioritizing land and space over a turn-key modern interior. It fits a family wanting a large yard, a value-oriented buyer willing to take on gradual updates, or someone looking for a property whose core assets—land and size—are difficult to replicate in newer subdivisions.