633 Castlebury Meadows Drive

Property Overview: 633 Castlebury Meadows Drive

This home presents a balanced, modern offering in Winnipeg's North Inkster Industrial area. Built in 2017, it is a relatively newer home that requires less immediate upkeep than the city's older housing stock. With 1,684 sqft of living space, it provides ample room for a growing family or those who appreciate dedicated space for work or hobbies. The assessed value of $509k positions it as an above-average property citywide, but one that is very much in line with its immediate neighbourhood and street, suggesting a fair market price without a significant premium for the location.

The appeal lies in its modern foundations and sensible proportions. It’s a home that offers the benefits of a newer build—like contemporary electrical systems, plumbing, and insulation—within a established community framework. The lot size, while smaller than the Winnipeg average, is typical for the area and translates to less yard maintenance. This property would suit practical buyers who prioritize a move-in ready, low-maintenance home without needing a sprawling yard. It’s particularly well-suited for first-time move-up buyers leaving an older starter home, or professionals seeking a modern, efficient space that holds its value competitively within the broader city market.

Frequently Asked Questions

1. How does this home's value compare to others in Winnipeg?
Citywide, this home's assessed value is in the top 18%, meaning it is valued higher than most homes in Winnipeg. However, within its own neighbourhood and street, it is very close to the average, indicating the price reflects local norms rather than an outlier premium.

2. Is the lot size a concern?
The land area is smaller than the city average but is typical for the North Inkster Industrial area. This is a trade-off: it means less outdoor maintenance but also less private outdoor space. For buyers who prioritize a low-maintenance yard, this is a benefit.

3. What does the "Elite" city-wide ranking for the year built mean?
With a 2017 build date, this home is newer than approximately 95% of all homes in Winnipeg. This "Elite" ranking highlights a key advantage: it is a modern property likely requiring fewer near-term repairs or updates compared to the city's predominantly older housing stock.

4. What can the 2017 sale price tell me?
The home sold for between $300k-$350k in 2017. This historical data is useful to understand the base value when new, but it does not reflect current market conditions, upgrades made since then, or today's assessed value of $509k.

5. How accurate is this data, and where can I get verified sale prices?
The data is compiled from public sources and is considered reasonably reliable for comparison. However, exact, verified sale prices are not published here due to industry rules. You can request the full transaction history directly via the email link provided on the detail page.