Property Overview: 63 Castlebury Meadows Drive
This home presents a solid, modern offering in Winnipeg's North Inkster Industrial area. Built in 2016, it is a relatively new construction in a city where the average home is significantly older. With 1,501 sqft of living space and a 4,238 sqft lot, its size is very typical for its immediate street and neighborhood, but ranks above average when compared to the entire city. The assessed value of $494K follows a similar pattern—positioned in the middle of the pack locally but within the top 21% citywide, indicating a perceived value that outpaces many older Winnipeg homes. Its last recorded sale was in early 2016, in the $300K-$350K range.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern age and its strong value position within the broader Winnipeg market. It is a home that offers contemporary building standards (like newer electrical, plumbing, and insulation) without the premium often attached to brand-new builds. It suits practical buyers looking for a move-in-ready, low-maintenance home in a developing area, who prioritize modern infrastructure over a historically established neighborhood character. A thoughtful perspective is that while it may not stand out on its own street, it represents a step up in quality and space for a buyer moving from an older, central Winnipeg neighborhood, offering more modern comforts for a comparable price.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is very close to the average for both Castlebury Meadows Drive and the wider North Inkster Industrial area, suggesting it is priced consistently with similar local properties.
2. Is the lot size typical for the area?
Yes. The land area of 4,238 sqft is slightly below the street average but aligns closely with the neighborhood average, representing a standard suburban lot for this specific community.
3. What does the "above average" city-wide ranking mean?
While the home is average in its immediate context, it ranks in the top 30% for size and top 21% for assessed value compared to all Winnipeg homes. This highlights that it offers more space and a higher valuation than the city's older housing stock, which pulls the overall averages down.
4. Can I get the exact historical sold price?
The site provides a sold price range from 2016. To obtain the exact figure, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What are the implications of the home being built in 2016?
A 2016 build date means the home is relatively new, likely requiring minimal major repairs in the near term. However, it is slightly older than the average home on its street and in the neighborhood, so it may lack some of the very latest finishes or design trends found in homes built just a few years later.