Property Overview: 190 Castlebury Meadows Drive
Key Characteristics & Appeal
This home is a modern, low-maintenance property built in 2017, offering the advantages of a newer construction in a well-established Winnipeg neighbourhood. With 1,251 sqft of living space, it is notably compact compared to other homes on its street and in the immediate North Inkster Industrial area, but it is very close to the average size for the city overall. This positions it as an efficient, easier-to-maintain space rather than a sprawling one.
Its primary appeal lies in its balance of a contemporary build and a strong assessed value of $471,000. While this value is average for its immediate vicinity, it ranks within the top 25% citywide, suggesting a solid investment in a newer asset compared to Winnipeg's largely older housing stock. The lot size is standard for the neighbourhood, providing typical outdoor space without extensive yard work.
This property would best suit first-time buyers or downsizers seeking a modern home without the premium often attached to brand-new builds. It’s also a practical fit for investors or pragmatic buyers who prioritize newer systems (roof, furnace, windows) and a strong citywide value ranking over having the largest floor plan on the block. The data suggests you are paying for a newer, well-assessed home in a neighbourhood of similar properties, rather than for extra square footage.
Frequently Asked Questions
1. Is the living area sufficient for a family?
While the home is modern, at 1,251 sqft it is smaller than many neighbouring homes. It would comfortably suit a small family, couples, or individuals. Buyers with older children or who need multiple dedicated work-from-home spaces may find the layout compact.
2. How does the assessed value impact my property taxes?
The assessed value of $471k is used to calculate your share of municipal taxes. It's important to note that while this value is above the city average, it is on par with the neighbourhood average. Your taxes will likely be consistent with others in the immediate area but higher than in neighbourhoods with older, lower-valued homes.
3. What does the "Elite" citywide ranking for the year built mean?
This highlights that a home built in 2017 is newer than approximately 95% of all homes in Winnipeg. This is a significant advantage, typically implying fewer immediate repair costs for major components like roofing, siding, and mechanical systems compared to the city's median home age from 1966.
4. The home sold in 2023. Why is the exact price not shown?
Exact sold prices are not publicly available from MLS data on this site. The displayed range (CA$500k–550k) is based on aggregated public data. You can request the exact historical sold price via email from the site provider for verified figures.
5. How does this home compare to the ones next door?
The provided nearby comparisons (e.g., 158, 323, 368 Castlebury Meadows Drive) show that while all were built around the same time, this home has a higher assessed value than some with more square footage. This could be due to factors like interior finishes, layout, or specific upgrades, underscoring the importance of viewing the property in person to understand its specific condition and appeal.