Property Summary: 537 Dieppe Road, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1972, situated on a spacious, nearly 6,000 sqft lot in the Eric Coy neighbourhood. Its key features include a fully finished basement and a practical 1,112 sqft layout. The appeal here is grounded in space, value, and stability. While its interior size and assessed value rank it in the middle of the pack for Winnipeg overall, the property stands out for its generous lot size—a significant asset for gardening, recreation, or future expansion. The home’s age suggests established infrastructure and mature landscaping, offering a settled feel.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout without sacrificing outdoor space. It’s also a practical choice for value-oriented buyers who see potential in the large lot and the already-finished basement, which provides immediate extra living space. The rankings indicate it’s a solid, average home in the broader market but represents a more spacious land holding within its immediate area, which is a less obvious but important point of value.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
It shows how this property compares to others in specific areas. For example, its lot size ranks very high (top 1%) in the Eric Coy community, meaning it's larger than nearly all nearby properties, while its interior size is more average.
2. Is the finished basement included in the 1,112 sqft living area?
No, the 1,112 sqft refers to the above-ground living space. The finished basement provides additional, separate square footage.
3. What are the implications of a 1972 build date?
Homes from this era often have good-sized rooms and reliable construction. Buyers should ensure standard updates for a house of this age, such as the roof, windows, and major mechanical systems, have been addressed.
4. There's no garage; is there other parking?
The listing does not specify, but the large lot typically allows for driveway parking. Verifying the parking setup and potential for adding a garage or carport would be a key due diligence step.
5. How does the assessment value relate to the likely selling price?
The municipal assessment of $353,000 is for tax purposes and provides a baseline. The final sale price is determined by the current market, the property's condition, and buyer demand, and can be higher or lower than this figure.