Property Summary: 619 Fairmont Road, Winnipeg
Key Characteristics & Appeal
This is a character home on an exceptionally large, private lot in the Eric Coy neighborhood. Built in 1943, the one-and-a-half story house offers 1,206 sqft of living space with an unfinished basement and a detached garage. Its standout feature is the land—a 42,588 sqft lot that places it in the top 1% of properties in Winnipeg for size, offering immense privacy and potential.
The appeal lies in a rare combination of established neighborhood charm and extraordinary outdoor space. While the home itself is modest in size and era, the property is a blank canvas. It suits a buyer who values space over a turn-key modern home—ideal for someone with long-term renovation plans, a desire for extensive gardening, or a need for room for hobbies, pets, or future additions. It’s a property where the true value is in the land and the privacy it affords, appealing to those who see potential rather than requiring immediate perfection. The rankings suggest a solid, well-located home that is outperformed by very few in its community for lot size, but which offers a project for a buyer willing to update an older structure.
Frequently Asked Questions
1. What does the lot size actually look and feel like?
At nearly an acre, the lot is exceptionally large for a city property. It offers significant distance from neighbors and ample room for landscaping, outbuildings (subject to bylaws), or recreational space, providing a semi-rural feel within the city.
2. Given the age, what should I budget for immediate updates?
Built in 1943, prospective buyers should prioritize inspections for foundational integrity, roof condition, and updates to electrical, plumbing, and insulation systems. Budgeting for these core systems before cosmetic updates is essential.
3. Is the unfinished basement a drawback or an opportunity?
It’s a key opportunity. The basement provides ample space for future development, such as additional living areas, storage, or a workshop. However, it requires investment to be finished and made habitable.
4. How does the "one-and-a-half story" layout typically function?
This style often features main living areas on the ground floor, with the upper "half" story containing sloped-ceiling bedrooms or cozy spaces. It offers classic charm but may have less conventional room proportions than a modern two-story.
5. The assessed value is lower than many area homes. Is this a concern?
The assessment reflects the home's age, size, and unfinished state. The significant lot value is included in the total. This can represent an opportunity to add substantial value through strategic renovations, potentially increasing the future assessed value.