Property Summary: 576 Fairmont Road
Key Characteristics & Appeal
This is a distinctive, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1971. Its primary appeal lies in the exceptional combination of generous space and a commanding lot size. The nearly half-acre (21,758 sqft) property is a rare find, placing it in the top 1% for land size in Winnipeg, offering immense privacy and potential for gardens, recreation, or expansion. The home itself provides a comfortable 1,915 sqft of living space, which is well above average for its area, and includes a finished basement.
The property suits two main types of buyers: those seeking a private, ground-oriented lifestyle with room to breathe within the city, and value-driven buyers who recognize the long-term asset of owning such a large parcel of land. Its rankings reveal a thoughtful perspective: while the home is middle-aged, its space and lot size are elite for the city, suggesting a property where the land itself is a significant component of its value. It’s ideal for someone who prioritizes outdoor space over a brand-new build, and for whom a quiet, established neighbourhood is a key attraction.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement, but specifics on the rooms, ceiling height, and finish quality are not provided. This would be a key point for a viewing or follow-up inquiry to understand the full usable living area.
2. How does the 1971 build year affect the home?
While the home is over 50 years old, its rankings show it is newer than many in its immediate area. Buyers should be prepared for potential updates to major systems (like roof, windows, plumbing, or electrical) that align with its age, balanced against the character and established lot that come with an older home.
3. What is the neighbourhood of Eric Coy like?
The home ranks highly within the Eric Coy community for size and value, indicating it is a well-regarded property in the area. Prospective buyers should explore the neighbourhood to assess its fit for their lifestyle, considering factors like schools, amenities, and traffic patterns.
4. Why is the lot size so significant?
At nearly half an acre, this lot is exceptionally large for Winnipeg. This isn't just about a big yard; it offers unparalleled privacy, space for additions like a workshop or large deck, and represents a type of land holding that is increasingly scarce in the city, contributing strongly to its valuation and future resale potential.
5. What might explain the strong value ranking?
The assessment value ranks in the top 16% city-wide. This strong position likely reflects the combined value of the above-average living space and, most importantly, the premium lot size. It suggests the property is assessed favorably compared to many others, which can be an attractive data point for buyers.