Property Overview: 71 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home at 71 Castlebury Meadows Drive is a modern, low-maintenance property built in 2016. With 1,492 sqft of living space on a 4,238 sqft lot, it offers a practical footprint for everyday living. Its core appeal lies in its balance of contemporary age and established value within a newer suburban neighbourhood.
The data reveals a thoughtful perspective: while the home’s size is slightly below average for its immediate street, it is competitively sized for the wider North Inkster Industrial area and actually above the city-wide average for living space. More notably, its assessed value of $496k ranks significantly above the Winnipeg average, suggesting a strong perceived value in a city-wide context. This indicates a property that has likely kept pace with or exceeded broader market appreciation.
This home would best suit first-time buyers or downsizers seeking a modern build that eliminates concerns over major aging infrastructure. It’s also a sensible match for value-conscious buyers who appreciate a home that holds a strong position in the wider city market, not just its immediate block. The modest lot size points to a buyer who prefers easier yard upkeep over extensive outdoor space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The assessed value of $496k places this property in the top 20% city-wide, meaning it is valued higher than roughly 80% of comparable homes across Winnipeg. This is a strong indicator of its relative market position.
2. Is the living space considered small?
It depends on the comparison. At 1,492 sqft, it is slightly smaller than the average on its own street. However, it is very close to the average for the larger North Inkster Industrial area and is actually larger than the average Winnipeg home, which sits around 1,342 sqft.
3. What is the neighbourhood like for similar homes?
Castlebury Meadows Drive is part of the North Inkster Industrial area, characterized by homes primarily built in the late 2010s. The property is among the newer homes on the street and in the area, which generally consist of modern, low-maintenance builds with similar lot sizes.
4. What is the history of sold prices for this home?
Public records show the home sold previously in 2016 for between $350k-$400k, and again in late 2024 for between $500k-$550k. For verified, exact sale figures, you can request a manual lookup via email on the property detail page.
5. How does the lot size impact the property?
At 4,238 sqft, the lot is fairly standard for its area and street. It provides adequate outdoor space for a patio, garden, or play area without the demanding upkeep of a much larger yard, aligning with the home’s modern, manageable appeal.