Property Overview: 589 Dieppe Road, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-story home built in 1972 on a spacious 6,301 sqft lot in the Eric Coy neighbourhood. Its key features include a fully finished basement and 1,008 sqft of living space. The appeal here is grounded in value and space. While the home itself is modest in size, the large lot presents a significant opportunity for gardening, expansion, or simply enjoying ample outdoor space—a feature that becomes harder to find in newer subdivisions. The fully finished basement effectively doubles the usable living area, offering flexibility for a family room, home office, or guest space.
Its competitive rankings reveal a nuanced position: it sits on a larger-than-average lot for its immediate area and is newer than most houses on its street, yet it’s priced below many homes in Winnipeg overall. This combination makes it particularly suited for first-time buyers seeking a move-in-ready home with room to grow, or for downsizers looking for single-level living without sacrificing yard space. It’s a practical choice for those who prioritize land size and functional living space over a premium location or brand-new construction.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is a mature, established neighbourhood in Winnipeg. It offers the stability and larger lot sizes typical of areas developed in the 1970s, with convenient access to local amenities and major routes.
2. Is there potential for future expansion or renovation?
The large lot size is a clear asset for potential expansion, subject to city zoning bylaws. The single-story design could also facilitate additions. The finished basement already adds significant living space.
3. How does the assessed value relate to the asking price?
The municipal assessment is $345,000. It’s important to discuss with your real estate agent how this assessment compares to current market conditions and the seller’s asking price, as the two figures can differ.
4. What are the utility and maintenance costs like for a home of this age?
As a home built in the 1970s, inquiring about the age and condition of major systems (like roof, windows, furnace, and plumbing) is advisable to anticipate maintenance and energy costs.
5. There’s no garage; what are the parking options?
The property does not include a garage. Buyers should assess the driveway and street parking situation to ensure it meets their needs for vehicles and storage.