Property Overview: 744 Fairmont Road, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Eric Coy presents a compelling blend of modern convenience and generous outdoor space. Its key characteristic is the substantial, city-elite land parcel of over 21,000 sqft, offering rare potential for gardening, expansion, or simply enjoying private outdoor living within the city. The home itself is relatively modern, built in 2012, which means fewer concerns about major system replacements and likely contemporary building standards. It features a renovated basement and versatile garage options with both attached and detached spaces, appealing for workshop, hobby, or vehicle storage needs.
The appeal lies in this balance: a newer, low-maintenance home on a mature, expansive lot that feels more established than typical new subdivisions. With an assessed value significantly above local and city averages, it is positioned as a premium property in the area. This home would suit buyers looking for a move-in-ready, single-level layout who prioritize land size over sheer interior square footage. It’s ideal for someone wanting space for hobbies, a growing family needing room to play, or those planning future additions like a large deck or garden suite, all while benefiting from a newer build’s efficiency.
Section 2: Frequently Asked Questions
1. Is the high assessed value reflective of the market price?
While the assessed value of $600k is notably above area averages, it reflects the combination of a newer home on a very large lot. Market price will be influenced by current conditions, but this assessment indicates a strong municipal valuation of the property's components.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, legal egress, ceiling height, and whether it includes a secondary suite or is finished as recreational/living space.
3. How does the living area compare to the neighborhood?
At 1,326 sqft, the living area is around the average for both the street and the wider city. The value of this home is driven more by its newness, lot size, and condition rather than expansive interior square footage.
4. What are the implications of having two garages?
The attached garage offers direct access, while a detached garage provides excellent flexible space. This is ideal for vehicle storage, a workshop, or separating noisy hobbies from the main house. Verify the size, condition, and electrical service of each.
5. The lot is exceptionally large for the city. Are there any restrictions on its use?
A lot of this size (over 21,000 sqft) is rare. Buyers should confirm with the city if there are any easements, environmental protections (e.g., for trees or drainage), or specific zoning bylaws that could affect future plans like adding an accessory building, pool, or subdividing.