Property Overview: 311 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home at 311 Castlebury Meadows Drive is a modern, low-maintenance property built in 2016. With 1,423 sqft of living space, it offers a comfortable size for a smaller household or couple. Its primary appeal lies in its balance of a recent build year and a relatively accessible price point, as reflected in its $380k assessed value, which is notably below the averages for its immediate street and neighborhood.
The home suits first-time buyers or downsizers seeking a newer construction that minimizes concerns about major aging components like roofs or furnaces. It also appeals to value-conscious buyers who prioritize a modern interior over a larger lot, as the property sits on a compact 2,787 sqft parcel. A thoughtful perspective is that while the lot is smaller compared to neighbors, it translates to less yard work and lower exterior maintenance costs. The data shows that city-wide, the home's size and value are much more aligned with averages, suggesting it represents a typical Winnipeg offering, whereas in its specific newer subdivision, it is a more affordable entry point.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($380k) is for municipal tax purposes and is a starting point. Notably, it's significantly lower than recent averages on the same street (~$498k), which could indicate potential value, but the final sale price will depend on current market conditions, the home's interior condition, and buyer demand.
2. How does the smaller lot size impact living here?
The land area (2,787 sqft) is smaller than most in the area. This means less private outdoor space and potentially closer proximity to neighboring homes. The upside is reduced maintenance time and cost, which can be a benefit for those seeking a lock-and-leave lifestyle.
3. The home sold in 2016. What can that history tell me?
It was last sold when new, likely from the builder. This means the current sale would be its first resale, so the maintenance history and any upgrades are tied to just one owner, which can simplify understanding the home's background.
4. The living area is described as "below average" for the street. How significant is this?
The home is about 238 sqft smaller than the street average. This is the difference of a medium-sized room. Buyers should consider if the efficient use of the 1,423 sqft floor plan meets their needs, as a newer home can sometimes offer better layout efficiency than an older, larger one.
5. Where can I get verified information on past sale prices for this home or comparable ones?
The site notes that exact sold price data is not displayed publicly due to industry rules. They offer a manual lookup service where you can request exact figures via email, which they will provide without using your contact for marketing.