Property Overview: 495 Castlebury Meadows Drive
Key Characteristics & Appeal
This home is a well-positioned, modern property built in 2017, offering a balanced profile in its North Inkster Industrial neighbourhood. Its primary appeal lies in its relative newness and above-average space compared to the wider Winnipeg market. With 1,703 sqft of living area, it provides more interior room than about 80% of city homes. The assessed value of $559k sits comfortably above averages for both the city and the immediate area, suggesting a perception of solid quality and desirability.
The data reveals a nuanced story: while the lot size is modest by typical Winnipeg standards, the home itself is modern and spacious. This creates a low-maintenance exterior without sacrificing interior living space—a specific trade-off that defines its character. Its strongest city-wide ranking is for its year of construction, placing it in the top 5%, which translates to fewer immediate repair concerns and modern building standards.
This property would suit buyers seeking a move-in-ready, contemporary home who prioritize interior space and modern amenities over a large yard. It’s a strong fit for professionals or small families looking for a balance of comfort and convenience in a developing area, and for those who see value in a home that is significantly newer than the vast majority of the city's housing stock.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for both the North Inkster Industrial area and the city overall. On its own street, it ranks in the top third, indicating it is valued higher than many of its direct neighbours.
2. Is the lot size a concern?
The land area is approximately 4,016 sqft, which is smaller than the typical Winnipeg lot. This means less yard maintenance but also less private outdoor space. It is fairly standard for newer developments in this area.
3. What does the sale history tell us?
The home sold previously in 2017 and again in early 2022. The price increase between those sales aligns with broader market trends of the time. Specific, verified sale prices can be requested by email from the site.
4. How does the living space compare to other homes?
The living area is above the city average. It is very close to the average size for both the immediate street and the broader neighbourhood, meaning it offers typical space for this specific community but more space than you’d find in many older Winnipeg homes.
5. Why is the year built highlighted as a key feature?
Built in 2017, the home is in the top 5% newest homes city-wide, where the average comparison home was built in 1966. This suggests potentially lower costs for updates and repairs, newer building materials, and modern layouts compared to much of the existing housing stock.