Property Overview: 479 Castlebury Meadows Drive
This home presents a practical value proposition in Winnipeg's North Inkster Industrial area. Built in 2017, it offers modern construction with less maintenance concern compared to much of the city's older housing stock. Its 1,523 sqft living space is efficiently sized—slightly below average for its immediate street and neighborhood, but notably above the Winnipeg city-wide average, suggesting a comfortable layout without excessive upkeep. The assessed value of $388K sits below local area averages, indicating a potentially lower property tax burden and an entry point into a newer home. The lot size is compact at 2,955 sqft, which translates to less yard maintenance.
The appeal lies in this balance: a relatively new, move-in-ready home at a value-conscious price point for its modernity. It suits first-time buyers seeking a contemporary build without a premium price, or downsizers who want single-level living (assuming bungalow layout from comparable nearby homes) and minimal exterior maintenance. A thoughtful perspective is that while the lot is smaller locally, it is a modern, efficient use of space, and the home's "elite" ranking for age city-wide (top 5%) is a significant, often overlooked advantage for long-term durability and systems.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Assessed value is for municipal taxation, not market value. However, this home's assessment is below neighborhood averages, which can be attractive. Its last recorded sale was between $400K-$450K in mid-2021.
2. How does the smaller lot size impact living here?
The 2,955 sqft lot is below average for the street and city. This means smaller private outdoor space and potentially closer proximity to neighbors, but also significantly less yard work and lower landscaping costs.
3. The home is "above average" for size city-wide but "below average" on its street. What does this mean?
It highlights the character of the neighborhood. Castlebury Meadows Drive features larger-than-city-average homes. This property is a slightly more compact option within that desirable, newer streetscape, offering the neighborhood appeal with a potentially more efficient and affordable footprint.
4. What are the implications of a 2017 build year?
A 9-year-old home is modern, likely meeting current building codes and with major components (roof, HVAC, appliances) still in good condition. This can mean fewer immediate repair costs compared to the city's median home age, which is decades older.
5. Where can I get verified historical sale data for this property?
The site's data is compiled from public sources, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup via email from the service provider, as detailed in the data notes.