Property Overview: 777 Fairmont Road, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1961-built, single-storey home sits on a notably large, approximately 9,750 sqft lot in the Eric Coy neighbourhood. Its key features include 1,069 sqft of living space, a finished basement, and a detached garage. The property’s primary appeal lies in its exceptional land size, which places it in the top 7% of all Winnipeg properties, offering significant space for gardening, recreation, or future expansion. While the house itself is of average size for its area and era, the generous lot provides a rare sense of openness and potential in the city.
The home would suit a practical buyer who values space and privacy over a brand-new build. It’s ideal for someone looking for a solid, no-frills starter home with a massive yard, or for a downsizer seeking single-level living with ample outdoor space. The finished basement adds valuable flexible space for a family, hobbyist, or home office. The data suggests a property that is competitively priced within Winnipeg overall, offering a lot-size advantage that balances its older age and average interior square footage.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The assessment value ranks higher than 59% of all Winnipeg homes, indicating good city-wide value. However, within its immediate street and community, its value ranking is more average, suggesting the price reflects the desirable lot size rather than an over-improved house.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or if it includes legal egress. This is a key point for verification during a viewing to understand if it’s a casual rec room or a properly developed living space.
3. Is the large lot a maintenance burden or an opportunity?
This is a central consideration. The nearly 10,000 sqft lot offers great potential but also requires more upkeep. Buyers should assess their willingness for lawn care, gardening, or snow clearing, or factor in costs for professional maintenance.
4. Given the home's age (1961), what should I be prepared for?
While systems like roofing, plumbing, and electrical may have been updated, their age and condition should be a focus of a professional home inspection. The charm of an older home often comes with a maintenance schedule different from a new build.
5. How does the detached garage impact daily use?
A detached garage, especially in Winnipeg winters, means exposed travel between your vehicle and house. For some, this is a minor trade-off for additional workshop or storage space; for others, it’s a daily inconvenience to weigh.