Property Overview: 79 Castlebury Meadows Drive
Key Characteristics, Appeal & Ideal Buyer
This home at 79 Castlebury Meadows Drive is a well-positioned property in Winnipeg's North Inkster Industrial area, built in 2016. Its primary appeal lies in its strong city-wide standing relative to its age and value, offering modern construction in a context of mostly older housing stock. With 1,501 sqft of living space and a 4,237 sqft lot, its size is typical for its immediate street and neighbourhood but ranks above average compared to homes across the entire city. The assessed value of $505k follows a similar pattern—positioned around the middle of its local market, yet within the top 19% city-wide, suggesting a perceived premium for its modern build in a broader market.
The home suits buyers looking for a turnkey, relatively new property without a premium price tag compared to its direct neighbours. It’s a practical choice for those who value modern building standards and systems, potentially offering lower immediate maintenance than the city's older average home. A thoughtful perspective is that while it may not stand out on its own street, it represents a slice of newer housing in a city with a median home age decades older, which could be a stabilizing factor for long-term value. It would likely appeal to young families or professionals seeking a balance of contemporary living and space, within a community of similar, recently built homes.
Frequently Asked Questions
1. How does this home truly compare to others in Winnipeg?
While it ranks around average in its own neighbourhood for size and value, it stands out significantly city-wide. It is newer than approximately 94% of Winnipeg homes and has a higher assessed value than about 81% of them, highlighting its modern character in the broader market.
2. What does the sale history indicate about the property's market performance?
The home has sold three times since 2016 (2016, 2021, 2023), with each sale price ranking in a higher tier than the last compared to local and city averages. This trajectory suggests it has appreciated well, consistently performing above average in resale value over time.
3. Is the lot size a constraint?
The land area is slightly below the street and neighbourhood average but is very typical city-wide. It provides a standard suburban yard space. For buyers prioritizing extensive outdoor space, it's average; for those focused more on the interior living space of a newer home, it is perfectly adequate.
4. How reliable are the sold price figures shown?
The site provides sold price ranges based on publicly available data, not MLS records. For exact, verified sale amounts, you must request a manual lookup via email from the service, which they provide without using your email for marketing.
5. Where can I see more detailed context about the immediate area?
You can open the provided neighbourhood analysis page to view this property on a map alongside nearby houses, allowing for a detailed visual comparison of year built, living area, assessed value, and lot size with its closest neighbours.