Property Overview: 868 Fairmont Road
Section 1: Key Characteristics & Appeal
This is a distinctive, one-storey home in Winnipeg's Eric Coy neighbourhood, built in 1975. Its primary appeal lies in its exceptionally large, half-acre lot (21,810 sqft), which places it in the top 1% of all properties in Winnipeg for land size. This offers rare potential for expansion, gardening, or private outdoor space uncommon in the city. The home itself features a finished basement and an attached garage, with a living area of 1,328 sqft that provides comfortable, single-level living.
The property suits buyers prioritizing land over square footage. It’s ideal for those seeking a blank-canvas backyard for a future dream garden, workshop, or addition, or for families valuing extensive play space. The strong assessment value ranking suggests a solid, established investment in a mature community. It’s a match for a buyer who sees the existing house as a comfortable foundation, with the true value lying in the untapped potential of the grounds.
Section 2: Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 1%" for land size in Winnipeg means its lot is larger than 99% of other properties, highlighting its standout feature.
2. Is the lot size a benefit or a burden?
It's a significant benefit for privacy and potential use, but buyers should consider the maintenance requirements for a property of this scale, including lawn care, landscaping, and snow clearing.
3. Given the age, what should I be mindful of?
Built in 1975, major systems (roof, windows, plumbing, electrical) may be at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and plan for any updates or necessary replacements.
4. How does the finished basement add value?
It effectively increases the usable living space beyond the 1,328 sqft main floor, potentially for recreation, guests, or a home office, adding functional value to the property.
5. Who is the typical buyer for this home?
The most likely buyer values land and space above a modern or large house. This could include growing families wanting outdoor space, hobbyists needing room for projects, or long-term planners who may consider future expansions or even redevelopment of the sizable lot.