Property Overview & Key Characteristics

This 2019-built home at 273 Fairmont Road offers a compelling mix of modern construction and strong value positioning. Its primary appeal lies in its relative newness and high assessed value compared to its peers. At 1,499 sqft, the living space is above average for the immediate street and aligns with typical city-wide sizes. The standout figures are its assessed value, which ranks in the top 8% on its street and an elite top 5% city-wide, and its lot size of over 11,000 sqft, which is exceptionally large (top 4%) compared to the Winnipeg average.

The property suits buyers seeking a nearly new home without a brand-new price tag, and who prioritize a substantial lot within the city. It’s particularly well-matched for those who value a home with a strong, above-average municipal assessment relative to its neighbourhood and the broader market, suggesting good potential for equity. The history shows a sale in the 2021-2022 period for an estimated $600k-$650k.

Frequently Asked Questions

1. Why is the assessed value so high compared to the city-wide average?
The home’s assessed value places it in an elite tier city-wide. This is likely due to the combination of its very recent build year (2019) and its significantly larger-than-average urban lot size, both of which are key factors in municipal valuation.

2. Is the lot size typical for the Marlton area?
At just over 11,000 sqft, the lot is around average for the Marlton neighbourhood and the immediate street, where lots tend to be generous. However, it is considered very large compared to the typical Winnipeg lot, which averages closer to 6,570 sqft.

3. What does the sold price history indicate?
The property sold for an estimated $600k-$650k around 2021. This past sale price aligns with its current high assessed value, indicating a history of strong market valuation.

4. Who would this home not be ideal for?
Buyers seeking a very large interior footprint may find the living area (1,499 sqft) comfortable but not expansive compared to some peers in Marlton. It may also not suit those who prefer a more established, mature neighbourhood with older homes and tree canopies.

5. How can I get the exact past sale price?
The exact sale price is not publicly listed in this data. You can request it by email from the source; they provide the precise figure manually without using your email for marketing.