Property Overview
This home at 665 Castlebury Meadows Drive presents a well-proportioned, modern property in Winnipeg's North Inkster Industrial area. Built in 2017, it offers 1,842 sqft of living space on a 4,725 sqft lot, with a current assessed value of $590,000. The key appeal lies in its strong, above-average positioning across nearly all metrics when compared to its immediate neighbours and the wider city. It’s a property that has consistently performed well in the market, evidenced by its sold prices ranking in the top 4% city-wide during its last transaction.
Key Characteristics & Ideal Buyer
The home’s primary characteristics are its modern age, efficient use of space, and solid valuation. It ranks in the top 16-28% for living area, assessed value, and year built on its own street, indicating it's a standout property in its direct neighbourhood. City-wide, its modern build date (2017) places it in an elite tier (top 5%) compared to Winnipeg's much older average housing stock.
Its appeal is grounded in offering a turn-key, contemporary home without the premium often attached to brand-new construction. It suits buyers looking for a move-in-ready property in a developing area, who value modern building standards and efficient floor plans over sprawling, older lots. It would particularly suit a young family or professional couple seeking space and modern amenities, and an investor or buyer who appreciates a property with a demonstrated history of strong value retention and growth, as seen in its past sale performance.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s $590k assessed value is notably above the average for both its street ($498k) and the North Inkster Industrial area ($484k), placing it in the top 15-16% locally. This suggests it is a higher-value home in its immediate context.
2. Is the lot size typical for Winnipeg?
The 4,725 sqft lot is above average for the local area but is around the city-wide median. Buyers accustomed to larger, older suburban lots might find it compact, while those familiar with newer developments will find it standard.
3. What does the sale history indicate?
The property sold in September 2022 for a price that ranked in the top 4% city-wide at the time, indicating it commanded a strong premium. This history points to a property that has been perceived as desirable and valuable in the recent market.
4. How modern is this home compared to the rest of Winnipeg?
Very modern. With a 2017 build date, it is newer than approximately 95% of homes in Winnipeg, where the average comparable home was built in 1966. This means likely fewer immediate repair concerns and more contemporary layouts and materials.
5. Where can I get verified, exact sold price data for this property?
The provided sold prices are estimated ranges from public data. To obtain the exact historical sale figures, you must request a manual lookup via email through the SaveOnHouse website, as they do not display MLS sold records.