Property Overview: 878 Fairmont Road
Key Characteristics & Appeal
This property is defined by its exceptionally large, half-acre lot (21,811 sqft), which places it in the top 1% of all Winnipeg properties for land size. The home itself is a 1,451 sqft, one-storey bungalow built in 1985, featuring a finished basement and an attached garage. Its appeal lies not in opulence, but in substantial space and established stability. The rankings indicate a home that consistently outperforms most peers in its immediate area and across the city for key metrics like lot size and building age.
It would perfectly suit buyers prioritizing generous outdoor space for gardening, recreation, or future expansion over a brand-new build. It’s a home for those who value established, tree-lined neighborhoods and see the inherent value in land—a asset that cannot be replicated in newer, denser subdivisions. The finished basement and single-level layout also make it a practical candidate for multi-generational living or those seeking ease of access.
Frequently Asked Questions
Q: How significant is the lot size, really?
A: A half-acre lot in the city is increasingly rare. It offers unparalleled privacy, space for additions like a large workshop or garden, and a sense of openness typically found only in rural settings, all while being within city limits.
Q: The home was built in 1985. What should I consider?
A: This places it in an era of modern construction standards, but key components like the roof, major systems (HVAC, water heater), and windows may be nearing or due for updates. A thorough inspection is advised to budget for future maintenance.
Q: What do the ranking percentages mean?
A: They show how this property compares to others. For example, “top 1% in Winnipeg for land size” means 99% of city properties have less land. It’s a quick way to gauge competitive standing on specific features.
Q: Is the finished basement included in the 1,451 sqft living area?
A: Typically, living area (sqft) refers to above-grade space. The finished basement is additional living space, which adds significant functional square footage to the property’s overall utility.
Q: Who would this property not suit?
A: Buyers seeking a modern, open-concept “turn-key” home or those unwilling to potentially update 40-year-old elements may find it less suitable. The value here is anchored in the land and the home’s solid foundation, not in contemporary finishes.