627 Dieppe Road

Property Summary: 627 Dieppe Road, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, single-storey home in the Eric Coy neighbourhood, built in 1954. Its primary appeal lies in its generous, mature lot of nearly 11,000 sqft—a rarity that places it in the top 5% of all properties in Winnipeg for land size. The home features a finished basement and a detached garage. With 888 sqft of living space above grade, it is a compact and manageable bungalow.

The property’s standout strength is the significant disconnect between its modest house size and its expansive, private yard. This creates a unique value proposition: the opportunity to own a large, green space in the city without the maintenance of a large house. It ranks highly for land size but lower for the age and size of the dwelling itself, indicating it is a prime candidate for those valuing outdoor space over a modern or spacious interior.

This home would best suit a first-time buyer, downsizer, or investor looking for a solid footprint in a established neighbourhood. It’s ideal for someone comfortable with a home of vintage character who prioritizes a huge yard for gardening, pets, or future expansion over turn-key, modern finishes. The large lot also offers long-term potential for redevelopment or addition, subject to municipal approvals.

Section 2: Frequently Asked Questions

1. Is the large lot size typical for the area?
No, it is exceptional. This property’s lot is larger than 95% of all homes in Winnipeg, making it a standout feature in Eric Coy.

2. What does the home’s lower ranking for age and size mean for a buyer?
It confirms the house itself is older and more compact than most. Buyers should budget for updates consistent with a 1954 build and appreciate the layout for its efficiency rather than spaciousness.

3. How does the finished basement affect the living space?
While the main floor is 888 sqft, the finished basement adds additional, flexible living area. The total usable space is therefore greater than the listed living area suggests.

4. Who might the property not suit?
It may not suit those seeking a modern, open-concept layout without renovation work, or buyers who prefer a low-maintenance, small yard.

5. The assessment value seems modest relative to the lot size. Why?
Municipal assessments typically reflect the current state and size of the dwelling as much as the land. The older, smaller home on this large lot can result in an assessment that highlights the land’s potential value rather than the structure’s.