Property Overview: 107 Castlebury Meadows Drive
Key Characteristics & Appeal
This home at 107 Castlebury Meadows Drive is a modern, above-average property in Winnipeg's North Inkster Industrial area. Built in 2017, it stands out primarily for its generous living space. With 2,234 square feet, it ranks in the top 6% of homes city-wide for size, offering significantly more room than the typical Winnipeg house. The lot size of 4,988 sqft is also notably larger than most in its immediate area and on its street, providing ample outdoor space for a newer build.
The home’s assessed value of $587,000 consistently places it above average across all comparison levels—street, neighbourhood, and city—indicating a premium positioning. Its appeal lies in this combination of a contemporary build (avoiding the maintenance concerns of much older city housing), spacious interior, and a substantial lot. It suits buyers looking for a move-in ready, modern home without sacrificing room to grow, and who value a property that metrics show is a standout in its category. A thoughtful perspective is that while the lot is large for the neighbourhood, it is closer to the city-wide average, suggesting a balanced offering of a newer, large house on a manageable yard rather than an expansive rural-style parcel.
Frequently Asked Questions
1. How has the property’s value changed?
The home last sold in June 2022 for an estimated $650,000-$700,000, which was in the top 1% of sale prices for the area at that time. This represents a significant increase from its previous sale in 2017 for $400,000-$450,000.
2. How does it compare to the neighbours?
It is larger and has a higher assessed value than most nearby homes. For example, direct neighbours on the same street have smaller living areas (between 1,330 and 1,779 sqft) and lower assessed values.
3. Is the price based on an actual assessment?
Yes, the $587,000 figure is the property’s official assessed value, not a listing price. It is used for municipal tax purposes and serves as a key benchmark for comparison.
4. Where can I see verified past sale prices?
The site provides sold price ranges. For exact, verified historical sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS database.
5. What does the "Elite" or "Top X%" ranking mean?
These rankings show how this property compares to a group of "comparable homes." For instance, its living area is in the top 5% of similar homes in the North Inkster Industrial area, meaning it is larger than 95% of them. This contextual data helps gauge its relative market position.