Property Overview
755 Fairmont Road is a well-established bi-level home in Winnipeg's Eric Coy neighbourhood, built in 1962. Its primary appeal lies in its generous 8,419 sqft lot, which is significantly larger than most properties in the city, placing it in the top 10% for lot size across Winnipeg. The home features a finished basement and a split garage. With 912 sqft of living space, it is a more compact dwelling, but this is balanced by its substantial outdoor space. The property suits buyers looking for a large yard for gardening, recreation, or future expansion in a mature community, and who prefer a manageable, single-level living layout. Its city-wide assessment ranking suggests it offers good value relative to many other Winnipeg homes. A thoughtful perspective is that this property represents a trade-off: you are investing primarily in land potential and outdoor privacy within the city, rather than in extensive interior square footage.
Key Details & FAQs
Key Characteristics:
- Property Type: Bi-level with a finished basement and split garage.
- Lot Size: A standout feature at 8,419 sqft, offering ample outdoor space.
- Living Space: 912 sqft of main living area.
- Neighbourhood: Eric Coy, a mature community.
- Value Position: The assessed value ranks favourably compared to 55% of Winnipeg homes, suggesting a solid value proposition for the lot size and location.
Who It's For:
This home is ideal for buyers who prioritize a large, private yard over a large house. It would suit first-time buyers or downsizers looking for a manageable layout without sacrificing outdoor space, or investors/visionaries who see the long-term potential of a sizable lot in a established area.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg. For example, its lot size ranks in the top 10% city-wide, meaning it's larger than 90% of Winnipeg lots. Conversely, its living space is more compact than most homes in its direct community.
2. Is the living space too small?
At 912 sqft for the main living area (plus a finished basement), the home is cozy. Its appeal is for those who value efficient, low-maintenance interiors and spend more time outdoors or in the finished basement space.
3. What are the implications of a 1962 build year?
Homes from this era often feature solid construction but will likely have older major systems (like plumbing, electrical, roof). A pre-purchase inspection is essential to understand the condition and any upcoming updates needed.
4. What can you do with such a large lot?
The lot size is the prime asset. It offers exceptional privacy, room for extensive gardens, play areas, or adding a large deck or shed. It also presents future potential, subject to zoning, for additions or redevelopment.
5. How does the split garage differ from an attached one?
A split garage is typically a detached or semi-detached structure with two separate single-door openings. It offers flexibility but means you walk outdoors to enter the house, a consideration for Winnipeg winters.