Property Overview: 579 Castlebury Meadows Drive
Key Characteristics & Appeal
This home at 579 Castlebury Meadows Drive is a modern, well-positioned property built in 2017. Its primary appeal lies in its balance of contemporary age and solid value within its broader city context. With 1,501 sqft of living space and a 4,252 sqft lot, it offers practical, family-friendly dimensions. The assessed value of $496,000 is notably above the Winnipeg city-wide average, yet it sits comfortably within the mid-range for its immediate neighborhood and the North Inkster Industrial area. This suggests you are paying for a relatively newer home in a developed area without a severe premium.
A thoughtful perspective is its "city-wide standout" status. While the home is average in many metrics for its own street, it ranks in the top 30% for living space and the top 20% for assessed value compared to the entire city, highlighting that it offers more modern space than most Winnipeg homes. Its age is a significant asset city-wide, ranking in the elite top 5%. This home would suit buyers seeking a turn-key, modern property without venturing into the luxury market, particularly those who value a home that requires less immediate upkeep than the city's typically older housing stock. It’s also a sensible fit for buyers who prioritize a stable investment in an established area over buying in a brand-new, potentially pricier subdivision.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is very aligned with its immediate area. It ranks near the middle (top 45-59%) on its own street and in the North Inkster Industrial neighborhood, with average values within a few thousand dollars. This indicates it is priced consistently with the local market.
2. Is the living space considered large for Winnipeg?
Yes, from a city-wide perspective. At 1,501 sqft, it is above the Winnipeg average and ranks in the top 30% of homes, offering more space than most. On its specific street and in its neighborhood, however, it is slightly below the group average, meaning there are larger homes nearby.
3. What does the "Elite — Top 5%" ranking for Year Built mean?
This means that, compared to all homes in Winnipeg, this 2017-built home is newer than approximately 95% of the housing stock. The city-wide average year built is 1966, so this property offers significantly newer construction, which often translates to modern building standards, systems, and less deferred maintenance.
4. How reliable is the sold price data shown?
The listed sold price from 2017 is based on publicly available internet data, not the MLS. The site notes the data has had limited verification. For fully verified, exact transaction history, you must request a manual lookup from the site via email.
5. The lot size seems smaller than the city average. Is that a concern?
The lot is smaller than the city-wide average lot size, but that average is skewed by older neighborhoods with larger plots. More importantly, within its own neighborhood and street, the lot size is very typical (ranking in the 36-53% range). It is a standard, manageable size for the area.