Property Overview: 363 Castlebury Meadows Drive
Key Characteristics & Appeal
This 1,533 sqft home, built in 2017, presents a practical value proposition in Winnipeg’s North Inkster Industrial area. Its primary appeal lies in its modern age and efficient use of space. While the lot size (2,787 sqft) is notably smaller than most in the city, the living area is above the citywide average, suggesting a well-utilized floor plan without excessive maintenance. The assessed value of $383k sits below the local area average but aligns closely with the citywide median, indicating a potentially more accessible entry point into a newer home.
The property suits first-time buyers or downsizers seeking a modern build with lower upkeep, given the smaller yard. It also appeals to value-conscious buyers who prioritize the condition and efficiency of the home itself over a large lot. A less obvious perspective is its relative newness citywide—ranking in the top 5% for year built—which often correlates with updated building codes, materials, and systems, potentially reducing near-term repair costs compared to the typical Winnipeg home built in 1966.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($383k) is for municipal tax purposes. While it provides a benchmark, market conditions ultimately determine sale price. Notably, this assessment is below the current averages for both the immediate street and the North Inkster Industrial area.
2. How does the smaller lot size impact living here?
The yard requires less maintenance, which can be a benefit. However, it may limit expansion possibilities, privacy, or extensive outdoor recreation space compared to homes on larger lots in the area.
3. What does the "Elite" ranking for year built mean?
This indicates the home is newer than approximately 95% of all homes in Winnipeg. For a buyer, this generally suggests modern construction standards, newer major components (like roof, HVAC), and potentially better energy efficiency.
4. Are sold prices available for this specific home?
According to the data, the home was previously sold in August 2017. For fully verified sale history and exact figures, you must request a manual lookup from the service, as they do not display MLS records directly on the site.
5. How does the living space compare to nearby homes?
At 1,533 sqft, it is slightly below the average for both Castlebury Meadows Drive and the North Inkster area, but it remains larger than the average Winnipeg home. This positions it as a comfortably sized, space-efficient option within its immediate neighbourhood.