Property Overview: 162 Castlebury Meadows Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 2017-built home in North Inkster Industrial offers a modern, low-maintenance foundation in a neighbourhood of newer properties. Its primary appeal lies in its above-average size and value metrics. With 1,871 sqft of living space, it ranks in the top 22% locally and top 15% city-wide for area, offering more room than most Winnipeg homes. The $579k assessed value also places it well above average (top 10% city-wide), suggesting quality finishes and a desirable location within its micro-market.
The home suits buyers seeking a relatively modern property (built within the last decade) without the premium often attached to brand-new construction. It’s a practical choice for those who want space but not the upkeep of an older, larger lot, as the 4,410 sqft land area is standard for the street. A thoughtful perspective is that this property represents a "sweet spot" in its immediate area: it's newer than most on its street (top 16%) and holds a value rank that outpaces its neighbourhood average, indicating it may be a standout property on Castlebury Meadows Drive itself.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
It was sold in May 2017, within the $350k-$400k range. The current $579k assessment reflects market appreciation over nine years. Exact historical sale prices are available upon request.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is average for the street and area, meaning lower outdoor maintenance. However, it’s smaller than the city-wide average lot. It suits those who prefer a manageable yard but may not appeal to those wanting extensive outdoor space.
3. What does its "elite" city-wide ranking for year built mean?
While it's a 2017 build, it ranks in the top 5% city-wide because Winnipeg has a large stock of older homes (city-wide average build year is 1966). This highlights the advantage of owning a newer structure with likely modern systems and building codes, a significant factor when compared to the broader market.
4. Are the nearby properties similar?
Yes. The immediate neighbours on Castlebury Meadows Drive were built around the same time (2016-2017) and have similar assessed values, indicating a consistent, modern streetscape. This can contribute to stable property values.
5. How reliable are the sold price and assessment figures?
The assessed value is an official municipal figure for taxation. The historical sold price range is based on publicly available data. For fully verified, exact transaction history, a manual lookup through the site is required, as MLS data is not displayed.