Property Overview
239 Castlebury Meadows Drive is a well-maintained, modern home built in 2016, offering a practical footprint in a developing Winnipeg neighbourhood. Its appeal is rooted in being a relatively new, low-maintenance property that presents a value-oriented entry point into the market. The home sits on a manageable lot, making it ideal for those seeking a modern build without the upkeep of a larger yard.
Key Characteristics, Appeal & Ideal Buyer
This 1,373 sqft home is defined by its contemporary age and its position as a value proposition. While its living space and lot size (3,115 sqft) are modest compared to immediate neighbours, the home is newer than the vast majority of properties across Winnipeg. Its assessed value of $381k is notably below the averages for its street and area, yet aligns closely with the city-wide average, suggesting it is priced accessibly within the broader market.
The primary appeal lies in acquiring a home that’s only a decade old, likely requiring fewer immediate repairs or updates than older stock. It suits first-time buyers or downsizers looking for a modern, manageable property without a premium price tag. A thoughtful perspective is that while it ranks below average in its immediate micro-market, it represents an "above-average" find for buyers prioritizing home age across the entire city, offering a balance between modernity and affordability.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data indicates it is a value-oriented option on Castlebury Meadows Drive. Its assessed value is in the bottom 12% for the street, with average values on the street being nearly $120k higher. This suggests a potentially lower purchase price point compared to neighbouring homes.
2. What are the trade-offs for the lower assessed value?
The value is reflected in the home’s specifications. The living area is smaller than most on the street and in the North Inkster Industrial area, and the lot is more compact. You are trading space for a newer home at an accessible price point.
3. How does the home’s age compare to Winnipeg overall?
This is a key strength. Built in 2016, it is newer than approximately 94% of all comparable homes city-wide. This is a significant advantage for buyers wanting modern construction and systems, especially when compared to the city-wide average build year of 1966.
4. What is the price trend based on previous sales?
The home sold in 2016 for an estimated $250k-$300k and again in 2021 for an estimated $350k-$400k. This indicates historical appreciation. For precise sold figures, you must request the manually verified data via email from the site.
5. Is the lot size a limitation?
At 3,115 sqft, the lot is smaller than most in the city and on its street. This means less outdoor maintenance but also less private outdoor space. It is around average for the immediate area, however, so it is consistent with the local neighbourhood pattern.