Property Overview & Key Characteristics
This two-storey home at 39 Castlebury Meadows Drive is a modern, low-maintenance property built in 2016. Its appeal lies in its balance of space and newer construction. With 1,779 sqft of living space, an attached garage, and a full (though unfinished) basement on a 4,473 sqft lot, it offers room to grow without the upkeep demands of an older home. The data suggests it sits in a solid middle range for its immediate area—ranking above average for both lot and living area size on its street, while its assessed value is comfortably in the middle tier for the neighbourhood.
This home would suit first-time buyers or young families looking for a move-in-ready property in a developing area, who prioritize a newer build to avoid major immediate repairs. It also appeals to practical buyers who value the potential of an unfinished basement for future customization, rather than paying a premium for someone else’s renovations.
Frequently Asked Questions
1. How does this property compare to others on the street?
It ranks in the top half for lot size and living area on Castlebury Meadows Drive, indicating it’s more spacious than many direct neighbours. Its 2016 build date is newer than about three-quarters of the homes on the street.
2. What does the “North Inkster Industrial” neighbourhood name imply?
The name reflects the area’s zoning history. The property itself is in a residential subdivision (Castlebury Meadows) within this broader district. Buyers should explore the immediate streets to gauge the mix of residential and light industrial/commercial influences.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is one data point. Notably, several nearby comparable homes have recently sold with assessed values both higher and lower than this property’s $53.20k, suggesting market conditions and specific home features will be the true price drivers.
4. What are the pros and cons of the basement being unfinished?
The main pro is cost savings upfront and the freedom to finish it to your own taste and needs later. The con is the immediate need for investment (time and money) to create additional livable space, as it currently offers only storage and utility potential.
5. How does the property rank for size and value across Winnipeg?
While its living area is above average (top 16%) for Winnipeg, its assessed value is also in a higher tier (top 13%). This suggests you are paying for that above-average space. Its true value will depend on how its condition, finishes, and specific location compare to the broader city market.