Property Overview: 655 Dieppe Road, Winnipeg
Key Characteristics & Appeal
This is a unique, one-storey home built in 1965, sitting on an exceptionally large, flat lot of over 36,500 square feet—a rarity within the city. Its land size ranks in the top 1% of all properties in Winnipeg, offering immense space and privacy. The 1,166 sqft house features a finished basement and a simple, functional layout. While the home itself is modest in size and era, its extraordinary appeal lies almost entirely in the land. It represents a classic "value in the dirt" proposition, where the primary asset is the development potential and sheer scope of the property.
This home would perfectly suit a buyer with a vision for the land, such as someone looking for a multi-generational compound, space for extensive gardens or hobbies, or a future building project. It also suits a pragmatic buyer who prioritizes private outdoor space over a large or modern house. The rankings indicate it offers more space than 99% of Winnipeg homes, yet the structure itself is older and more basic, appealing to those comfortable with a property where the real value is long-term potential rather than immediate turn-key finishes.
Frequently Asked Questions
1. What can I do with a lot this size?
The lot's size offers rare possibilities within city limits, from adding substantial additions, outbuildings (subject to bylaws), or creating extensive landscaped gardens to simply enjoying unparalleled private space. It’s a blank canvas for outdoor living or future development.
2. How does the age and condition of the home affect its value?
The 1965 build means systems and components will likely require updates. The value is heavily weighted toward the land; the house is a functional dwelling on a premium lot. Buyers should budget for maintenance and modernizations.
3. There's no garage. Can one be built?
Given the vast lot size, adding a garage or workshop is a highly feasible and logical improvement, subject to standard municipal permitting and setback requirements.
4. The home's interior is smaller than the lot size suggests. Is it expandable?
Absolutely. The single-storey design and enormous lot provide clear potential for horizontal additions or a significant renovation to increase living space, making it a strong candidate for customization.
5. How do the property rankings work?
They show how this property compares to others in its immediate street, neighborhood (Eric Coy), and all of Winnipeg. Key takeaways: its land area is in the 99th percentile city-wide, while the house size and age are more average, visually highlighting its land-value proposition.