Property Overview: 19 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home presents a compelling profile defined by space and value. Its primary strengths are a generous 2,129 sqft of living area and a notably large 7,626 sqft lot, which ranks in the top 3% for land size within its immediate neighborhood and area. Built in 2016, it offers modern construction while being slightly older than some immediate neighbors, a point reflected in its local "year built" ranking. The assessed value of $586k sits comfortably above local and city-wide averages, indicating a perceived premium.
The appeal lies in the rare combination of a sizable, modern home on an exceptionally large parcel for the area. This suits buyers looking for ample indoor and outdoor space without moving to a purely rural setting. It would particularly suit growing families seeking room for expansion, play, or gardening, or value-driven purchasers who recognize that the lot size offers a long-term advantage often unavailable in newer subdivisions. A thoughtful perspective is that while the home is modern, its slightly older age within this specific street could mean more established landscaping and settled infrastructure compared to the newest builds nearby.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $586k is for municipal tax purposes and is above area averages. It provides a benchmark, but the final sale price will be determined by current market conditions, the home's specific features, and buyer demand.
2. The lot size is listed as "Elite" for the area. What does this mean practically?
Ranking in the top 3% for lot size locally means you are getting significantly more land than most properties in North Inkster Industrial. This allows for greater privacy, potential additions like a shed or deck, and more recreational space compared to neighboring homes.
3. The home was last sold in 2016. What can that tell us?
It sold for an estimated $400k-$450k when new. This establishes the original purchase price, and the current assessed value suggests significant equity growth over the past decade, reflecting market trends and the property's desirability.
4. Why is the "Year Built" ranking lower on the street but high city-wide?
This highlights the context of the immediate neighborhood. On Castlebury Meadows Drive, many homes were built around or after 2016, making this one of the earlier builds on the street. City-wide, however, it is much newer than Winnipeg's average home (built circa 1966), placing it in the top 6%.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for reference. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.