Property Overview: 27 Castlebury Meadows Drive
Key Characteristics & Appeal
This home is defined by its generous space and premium positioning within the Winnipeg market. Built in 2016, it offers modern construction with a substantial 2,286 sqft of living area and a notably large lot of nearly 9,000 sqft. The data reveals its standout nature: its living area and assessed value rank in the top 1-2% of its immediate street and neighborhood, placing it among the largest and most valuable homes in the North Inkster Industrial area. City-wide, it remains in the elite top 5% for size and value.
The primary appeal lies in this combination of ample interior space and expansive outdoor land for a relatively new build, a rare find compared to the city's older average housing stock. It suits buyers looking for a move-in ready, modern home who prioritize room to grow, entertain, or enjoy private outdoor space without moving to an older, more established neighborhood. A thoughtful perspective is that while the home is newer than most in the city, it is slightly older than the average on its own street, suggesting a well-established streetscape without the uncertainties of a brand-new development. Its consistent high rankings across metrics indicate a property that is not only desirable but also a historically strong performer in its category.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is $659k. Recent sold prices for the home (between $550k-$650k in 2020-2021) provide historical context, but the current market will determine the final sale price. The assessment confirms it is a high-value property relative to its peers.
2. Is the lot size a major advantage?
Yes. At 8,995 sqft, the lot is more than double the average size for the street and neighborhood. This offers significant potential for gardening, recreation, expansions, or future additions, providing a level of privacy and space uncommon in newer subdivisions.
3. The home is noted as being slightly older than others on the street. Should I be concerned?
Not necessarily. With an average build year of 2017 on the street, this 2016 home is part of a uniformly modern block. The minor difference suggests the neighborhood developed quickly, and the home has had time for landscaping to mature and any initial "newness" issues to have been resolved.
4. What does the "Elite" ranking actually mean?
It means that for key metrics like living area and assessed value, this property outperforms 95-99% of comparable homes in its local area. It is a statistical indicator of its premium standing within the local market.
5. Where can I get verified sale history and exact past sold prices?
The site notes that due to industry rules, exact MLS records are not displayed publicly. You can request the full transaction history and exact figures by emailing their team, who will provide the information manually.