Property Overview: 556 Castlebury Meadows Drive
Key Characteristics & Appeal
This home presents a compelling blend of modern build quality and above-average space. Built in 2018, it is a notably newer property compared to the Winnipeg average, ranking in the top 1% for its age on its own street. With over 2,050 square feet of living area, it offers substantial interior space, placing it comfortably within the top 10-15% of homes in its immediate area and city-wide. The assessed value of $581,000 reflects this premium, ranking in the top 9% city-wide and suggesting a well-appointed property.
The appeal lies in securing a contemporary home that requires less immediate upkeep, paired with generous living space that outperforms most local and city comparables. The lot size is consistent with the neighbourhood standard, offering typical outdoor space without excessive maintenance demands.
This property would best suit buyers prioritizing move-in readiness and modern construction, who want more interior square footage than is typical for the area. It’s a strong fit for growing families or professionals seeking a home that balances space, newer amenities, and a established community feel. A thoughtful perspective is that while the home is newer, it’s not the newest on the block, potentially offering a sweet spot where initial builder kinks are worked out but the home is still far from major age-related renovations.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in October 2022 for an estimated $600,000-$650,000. Its current assessed value of $581,000 provides a benchmark, but market conditions and property updates will influence the actual listing and sale prices.
2. Is the lot size a pro or a con?
The land area is typical for the North Inkster Industrial neighbourhood, making it average for the area but smaller than the wider city average. This is ideal for those who prefer a lower-maintenance yard while still having private outdoor space.
3. What does the "Elite" ranking for year built mean?
With a build year of 2018, this home is in the top 1% of newest homes on its street and the top 4% city-wide. This indicates significantly newer construction compared to Winnipeg's overall housing stock, which has a city-wide average build year of 1966.
4. Who are the typical neighbours?
The street and area consist of a mix of home ages, but this property is among the newest. Nearby homes have similar assessed values, suggesting a neighbourhood of comparable financial investment and likely similar household profiles.
5. Where can I see verified historical sale data?
The provided sold price is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.