Property Overview: 560 Castlebury Meadows Drive
Key Characteristics & Appeal
This home is defined by its generous interior space, modern age, and strong assessed value. With 2,285 sqft of living area, it ranks in the top 2-5% compared to homes on its street, in the North Inkster Industrial area, and across Winnipeg. This significant size advantage is the property's most standout feature. Built in 2017, it is a relatively modern home, ranking as "Elite" city-wide where the average home is much older. The assessed value of $593k sits consistently above average across all comparison levels, indicating a premium valuation.
The appeal lies in acquiring a spacious, contemporary home without the premium often associated with newer, large properties in older, established neighbourhoods. It suits buyers prioritizing move-in readiness and modern building standards, who want more square footage than is typical for the area. A thoughtful perspective is that while the lot size is average for the immediate vicinity, it is smaller than the city-wide average, suggesting the value is driven more by the home's structure than by extensive outdoor space. This is ideal for those who prefer low-maintenance yards while enjoying ample indoor living area.
Frequently Asked Questions
1. How does this home's size truly compare to others?
It is exceptionally spacious for Winnipeg. With 2,285 sqft, it significantly exceeds the city-wide average (1,342 sqft) and is over 600 sqft larger than the average on its own street.
2. The assessed value is above average. What does that indicate?
The $593k assessment is above average for the street, area, and city, reflecting its larger size and newer construction. It suggests the property is viewed as a premium offering in its market tier, which can be positive for equity but may also mean property taxes are higher than for a comparable-sized older home.
3. Is the 2017 build date a significant advantage?
Yes, particularly on a city-wide scale. Compared to Winnipeg's average home built in 1966, this property offers modern construction standards, likely greater energy efficiency, and less immediate need for major system updates.
4. What is the lot size like?
At 4,722 sqft, the lot is fairly typical for the North Inkster Industrial area but is below the city-wide average. This points to a home designed for indoor living and manageable outdoor maintenance rather than extensive landscaping.
5. Where can I find more detailed historical data, like the exact past sale price?
The provided data shows the home sold in late 2017 for an estimated range. For fully verified figures and a complete transaction history, you must request a manual lookup via email from the site, as they do not display MLS sold records.