diff --git a/dvc/command/version.py b/dvc/command/version.py
index 91fa69fbdf..9aff698cc0 100644
--- a/dvc/command/version.py
+++ b/dvc/command/version.py
@@ -45,10 +45,16 @@ def run(self):
             package=PKG,
         )
 
+        is_repo = False
+
         try:
             repo = Repo()
             root_directory = repo.root_dir
+            is_repo = True
+        except NotDvcRepoError:
+            root_directory = os.getcwd()
 
+        if is_repo:
             # cache_dir might not exist yet (e.g. after `dvc init`), and we
             # can't auto-create it, as it might cause issues if the user
             # later decides to enable shared cache mode with
@@ -70,8 +76,6 @@ def run(self):
                 info += (
                     "Filesystem type (cache directory): {fs_cache}\n"
                 ).format(fs_cache=self.get_fs_type(repo.cache.local.cache_dir))
-        except NotDvcRepoError:
-            root_directory = os.getcwd()
 
         if psutil:
             info += ("Filesystem type (workspace): {fs_root}").format(