Property Summary: 567 Dieppe Road, Winnipeg
Key Characteristics & Buyer Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready experience in Winnipeg's Eric Coy neighbourhood. Its key appeal lies in its combination of new construction benefits and a generous land size. With 2,156 sqft of living space and a large 6,776 sqft lot, it provides ample room both indoors and out. The home features an attached garage and an unfinished basement, offering potential for future customization.
The property’s standout feature is its strong performance in market rankings. It consistently places in the top tiers for a new build, large lot size, and above-average living area compared to most homes in Winnipeg, its community, and even its immediate street. This suggests a property that is both desirable and competitively positioned. It would perfectly suit buyers looking for a modern home without the wait of building, who value spacious lots for privacy or future projects, and who appreciate a home with strong foundational value in a well-established area.
A less obvious perspective is the value of the unfinished basement. While some may see it as a project, it represents a significant opportunity to add personalized living space and increase the home's value without the premium typically paid for a fully finished, brand-new home. Additionally, its rankings indicate it's a newer, larger home on a street with mostly older properties, offering a unique blend of modern living in a mature setting.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this home against others in three areas: its immediate street, the wider Eric Coy community, and all of Winnipeg. For example, being newer than 97% of homes on its street means it's one of the newest properties in the area, which is a key differentiator.
2. What does an "unfinished basement" mean for me?
It means the basement has been constructed to a rough-in stage (with plumbing, electrical, and foundation complete) but the interior walls, flooring, and ceilings are not finished. This allows a new owner to customize the space to their needs—such as adding a rec room, home gym, or extra bedroom—on their own timeline and budget.
3. The assessed value is lower than the 2022 sale price. Is that typical?
Yes, it can be. Municipal property assessments for tax purposes often lag behind current market values and may use different valuation models. The 2022 sale price reflects the actual market value at the time of purchase as a new build.
4. Is the large lot a maintenance burden or an asset?
This depends on the buyer's lifestyle. For some, the 6,776 sqft lot is a premium asset offering more privacy, space for gardening, play, or future additions like a deck or shed. For others, it means more yard work. The value is in having the space, which is a scarce commodity in newer subdivisions.
5. Who is the typical buyer for this home?
This home is ideal for growing families or professionals seeking a modern, low-maintenance structure without sacrificing outdoor space. It also appeals to value-conscious buyers who see the unfinished basement not as a drawback, but as a strategic opportunity to build equity through a personalized renovation.