Property Overview: 83 Castlebury Meadows Drive
Key Characteristics & Appeal
This home at 83 Castlebury Meadows Drive presents a compelling, balanced profile in Winnipeg’s North Inkster Industrial area. Built in 2016, it is a relatively modern property that requires less immediate attention than much of the city’s older housing stock. With 1,750 sqft of living space, it offers above-average roominess for both its immediate neighbourhood and the city overall, suited for a growing family or those who appreciate spacious layouts.
The assessed value of $561,000 positions it above average for Winnipeg, suggesting a perception of solid quality and desirability. Notably, its lot size of 4,237 sqft is fairly typical for the street but smaller than the Winnipeg city average, indicating a lower-maintenance yard—an appeal for those seeking outdoor space without extensive upkeep.
The home’s core appeal lies in its modern age and generous interior space within a established community. It would suit buyers looking for a move-in ready, contemporary home built within the last decade, who prioritize interior square footage over a large lot. Its value ranking also suggests it attracts those seeking a sound investment in a property that stands above the median in the broader market.
Frequently Asked Questions
1. How does this home’s value hold up compared to its neighbours?
The home’s assessed value ranks in the top 31% on its own street and the top 28% in the North Inkster Industrial area, indicating it is valued higher than many nearby properties. This could reflect its size, condition, or specific features.
2. Is the lot size a constraint?
At 4,237 sqft, the lot is average for the area but below the city-wide average. It provides adequate private outdoor space but may not suit those dreaming of extensive gardens, large-scale additions, or pool installation.
3. What do past sale prices indicate?
Public records show it sold in the $650k-$700k range in 2022 and the $450k-$500k range in 2020. This history shows significant appreciation over that period, though market conditions have evolved since the last sale.
4. How does the home’s age compare locally?
Built in 2016, it is actually slightly older than the average home on its street (avg. 2017) and in the immediate area (avg. 2018). However, compared to Winnipeg’s city-wide average home age of 1966, it is a very modern property, likely meaning newer building materials, systems, and efficiency standards.
5. Who are the closest comparable properties?
Nearby homes on Castlebury Meadows Drive, such as 39 Castlebury Meadows (built 2016, 1,779 sqft, $532k assessed), offer a direct comparison for size and value, helping to gauge the street’s market.