Property Overview
This home at 127 Castlebury Meadows Drive presents a compelling opportunity in Winnipeg's North Inkster Industrial area. Built in 2017, it is a relatively modern property that stands out for its generous proportions. With 2,191 sqft of living space, it ranks within the top 8% of homes on its own street and the top 7% city-wide for size, offering significantly more room than the average Winnipeg home. The assessed value of $590,000 is consistently above average across all comparison levels, indicating a perceived premium. The nearly 5,000 sqft lot provides ample outdoor space relative to the immediate neighbourhood.
The appeal lies in securing a spacious, contemporary home without the maintenance concerns of an older property. A thoughtful perspective is that while the lot is sizable for the area, it is closer to the city-wide average, suggesting the value is driven more by the home's modern build and interior volume than by land alone. This property would ideally suit growing families or professionals seeking move-in-ready space, or value-conscious buyers who prioritize a newer build with above-average square footage over a historic or character home.
Frequently Asked Questions
How does this home’s value compare to its neighbours?
The home’s $590,000 assessed value is above average for Castlebury Meadows Drive and the broader North Inkster Industrial area, placing it in the top 15-16%. This suggests it is a higher-tier property within its local market, likely due to its combination of size, modern age, and lot.
Is the home’s size unusual for Winnipeg?
Yes. With 2,191 sqft, it ranks in the top 7% of all homes in Winnipeg by living area. It offers approximately 850 more sqft than the city-wide average, making it a notably spacious property.
What are the implications of the 2017 build year?
A 2017 build means the home is only 9 years old, placing it in the top 5% of homes city-wide by age. This typically translates to modern building standards, newer major systems (like HVAC and plumbing), and potentially lower immediate maintenance costs compared to the city's average home built in 1966.
Why is the lot size described differently at various comparison levels?
The 4,988 sqft lot is above average for both the street and the local area. However, compared to the entire city, it ranks near the middle (top 57%). This highlights that lot sizes in this specific neighbourhood are more compact than in some other parts of Winnipeg, though this property has one of the larger lots within its immediate context.
How can I verify the exact sales history for this property?
The provided data does not include MLS sales records. To obtain the full transaction history and exact sold prices, you must request a manual lookup via email from the site provider, who will send the verified figures directly.