525 Dieppe Road

Property Overview & Key Characteristics

This is a well-maintained, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1972. Its primary appeal lies in its practicality and established setting. The home features 1,040 sqft of living space, a fully finished basement, and a split garage on a generous, nearly 6,000 sqft lot. While the interior space is modest, the large lot offers significant potential for gardening, expansion, or outdoor enjoyment.

The data reveals a nuanced position: the property's lot size and newer age (for its era) rank highly within its immediate area, suggesting a desirable footprint in a mature community. However, its living area and assessed value are more typical, positioning it as a comfortable, no-frills home rather than a standout luxury property. It would suit first-time buyers, downsizers, or practical investors seeking a solid, move-in-ready house with a large yard in a quiet neighbourhood, without the premium of a newly-built home.

Frequently Asked Questions

1. What is the neighbourhood like?
Eric Coy is a mature, established neighbourhood in Winnipeg. The high ranking for the home's lot size and age relative to the street suggests a consistent, well-kept area of similar vintage homes.

2. Is the basement included in the 1,040 sqft living area?
Typically, the listed "living area" refers to above-ground, finished space. The presence of a fully finished basement adds additional usable living area not reflected in that primary square footage figure.

3. How does the assessed value compare to the asking price?
The assessed value is $363,000 for municipal tax purposes. It's important to note that this is not a market valuation; the sale price will be determined by current market conditions, the home's condition, and buyer demand.

4. What does the ranking data actually mean?
The rankings show how this property compares to others in specific categories. For example, ranking in the "top 23%" for age on its street means it is newer than 77% of its immediate neighbours, which can be a positive indicator of relative condition and upkeep.

5. What are the long-term considerations?
Built in 1972, major components like the roof, windows, and mechanical systems may be at or approaching key replacement intervals. A thorough inspection is advised, but the high ranking for age in the area suggests the home has likely been maintained in line with community standards.