Property Overview: 652 Castlebury Meadows Drive
Key Characteristics & Appeal
This home stands out for its above-average scale and premium positioning within its market. Built in 2017, it is a modern property featuring 2,075 sqft of living space—significantly larger than most comparable homes on its street, in the North Inkster Industrial area, and across Winnipeg. Its most notable characteristic is the generous 7,146 sqft lot, which places it in the top 10% of its immediate neighborhood for land area, offering substantial outdoor space that is increasingly rare in newer subdivisions.
The primary appeal lies in its combination of space, modernity, and established value. With an assessed value of $632,000, it ranks in the elite top 5% of its street and neighborhood, indicating it is perceived as a higher-caliber home in its community. This isn't just a newer house; it's a larger, more valuable property on a bigger lot than most of its peers. It would perfectly suit buyers looking for a move-in ready, modern home who prioritize both indoor square footage and generous outdoor space for gardening, recreation, or future expansion. It also appeals to those seeking a property with a strong, above-average assessed value foundation in a well-established, newer development.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold for between $450,000 and $500,000 in 2017. The current $632,000 assessment reflects significant appreciation and the property's premium standing in the area.
2. Is the lot size typical for the area?
No. The lot of over 7,000 sqft is substantially larger than the neighborhood average (approx. 4,400-4,500 sqft), placing it in the top 10% locally. This is a key differentiator.
3. What does the "Elite" ranking for assessed value mean?
It means this home's official assessed value is higher than 95% of comparable properties on its street and in the North Inkster Industrial area, confirming its premium market position.
4. The home is newer, but how does it compare to other houses built around the same time?
While the 2017 build year is around average for this specific neighborhood, this property is larger and on a bigger lot than most homes built in that period locally. City-wide, a 2017 build is considered "Elite" as most Winnipeg homes are much older.
5. Where can I see verified historical sale data?
The site notes that exact sold prices require a manual lookup due to industry rules. You can request the exact sale history directly via email from the provider for fully verified figures.