Property Overview: 529 Dieppe Road, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1972, situated on a generous, nearly 6,000 sqft lot in the Eric Coy neighbourhood. Its key features include a fully finished basement and 1,123 sqft of living space. The appeal here is grounded in space and value. The large lot is a significant asset, offering ample room for gardening, play, or future expansion in a city where such sized parcels are becoming less common. While the home ranks in the middle of the pack for size and value within Winnipeg overall, its standout characteristic is the land itself.
This property would suit a first-time buyer or a downsizer looking for a manageable, single-level layout without sacrificing outdoor space. It’s a practical home for someone who values a quiet, established neighbourhood and sees potential in the existing structure and the substantial yard. The finished basement adds flexible living or storage space, enhancing its utility. A buyer with a vision for gradual updates or an addition would find a solid foundation here, both literally and figuratively.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is a mature, established community in Winnipeg. The property rankings indicate it's a neighbourhood of mostly older homes, offering a quiet, residential feel.
2. Is there room to expand or build a garage?
The 5,999 sqft lot provides a notable amount of land for the area. Subject to city zoning bylaws and permits, there appears to be good potential for adding a detached garage or even a home addition.
3. How does the assessed value compare to the asking price?
The municipal assessment is $365,000. It is important to discuss with your real estate agent how this assessment compares to the current list price and recent sales of similar homes in the area to understand market value.
4. What does the "ranking" data mean?
The rankings compare this home against others on its street, in Eric Coy, and across all of Winnipeg for metrics like lot size, age, and living area. For example, its lot size is larger than 68% of all Winnipeg properties, which is a relative strength, while its living area is fairly typical for the city.
5. What are the main considerations for a home of this age?
As a home built in 1972, a thorough inspection is essential. While updates and maintenance history are key, the fully finished basement should be checked for proper moisture protection and insulation. The major systems (roof, plumbing, electrical, heating) should be evaluated for their age and condition.