873 Fairmont Road

Eric Coy, Winnipeg

Property score

68.6

Good

Overall 68.6 · Smaller and older than most nearby homes

1,054 sqft (bottom 16%) · Built in 1961 (10 yrs older than avg)

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

Transit 30.0 · 9-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 3 sports facilitys nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

10 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

68.6 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,054 sqft52Fair
Year Built196146Low
Lot Size22,012 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

around average
1,054 sqft
0255075100
Same streetBottom 21%Same areaBottom 16%CitywideBottom 34%
Same street · Fairmont Road
#120 / 152
Bottom 21% · Avg 1,366 sqft
Same area · Eric Coy
#745 / 888
Bottom 16% · Avg 1,472 sqft
Citywide · Winnipeg
#128,529 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
391k
0255075100
Same streetBottom 31%Same areaBottom 26%CitywideTop 41%
Same street · Fairmont Road
#105 / 152
Bottom 31% · Avg 459.9k
Same area · Eric Coy
#657 / 888
Bottom 26% · Avg 465k
Citywide · Winnipeg
#79,099 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 36%Same areaBottom 24%CitywideBottom 43%

Lot Size

Elite
22,012 sqft
0255075100
Same streetTop 22%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

873 Fairmont Road — 5 amenities found within 500 m, across 2 categories, including 2 parks (nearest 378 m).

Search radius
🌳Parks2
💪Sports3

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 8/2024CA$400k–450k
Sold price

Same street

Top 46%

Same area

Bottom 47%

City-wide

Top 33%

Related homes

Highlights & common questions: 873 Fairmont Road, Winnipeg

Property Overview: 873 Fairmont Road

Section 1: Key Characteristics & Appeal

This property is defined by its exceptional land and solid, no-frills construction. Its primary appeal lies in the rare, half-acre lot (22,012 sqft), which places it in the top 1% of properties in Winnipeg for lot size. The home itself is a modest 1,054 sqft, one-storey bungalow from 1961 with a finished basement and a detached garage. Recent data shows it sold for $401,000 in August 2024, closely aligning with its municipal assessment.

The appeal is for a specific buyer: someone who values expansive outdoor space and long-term potential over immediate turn-key luxury. It perfectly suits a hands-on buyer looking for a private, generous yard for gardening, recreation, or future expansion in the established Eric Coy neighborhood. It’s also a pragmatic choice for those comfortable with a home of vintage character, where investment can be directed over time into modernizing the interior while already owning a truly competitive and sizable piece of land. The rankings highlight a key, less obvious perspective: while the house is average in size and age for the area, the lot is an outstanding outlier, offering a unique opportunity to own a property that is more land-rich than most of the city.

Section 2: Frequently Asked Questions

1. What does the ranking data actually tell me?
It shows how this property compares to others. Crucially, its lot size ranks in the 99th percentile city-wide, meaning it's larger than 99% of Winnipeg properties. This is its standout competitive feature, while the home's size and age are more typical for the area.

2. Is the house in move-in condition?
The listing notes a finished basement, but the home is a 1961 bungalow. Buyers should budget for updates consistent with a home of this era, such as potential cosmetic refreshes or system upgrades, to align with modern expectations.

3. Who is the ideal buyer for this property?
It's ideal for a buyer whose priority is land. This includes families wanting extensive play space, hobbyists or gardeners craving room for projects, or long-term thinkers who see the value in a large, established lot where the home itself can be improved over time.

4. Why did it sell for slightly above the assessed value?
The recent sale price of $401,000 versus the $391,000 assessment likely reflects strong market demand for properties with unique, desirable features—in this case, the exceptionally large lot—which can command a premium over standard municipal valuations.

5. What are the considerations with a detached garage?
A detached garage offers flexibility for use as a workshop or separate storage space. However, it means accessing your vehicle from the house requires going outside, which is a factor to consider during Winnipeg's winter months.

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