Property Overview: 435 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home at 435 Castlebury Meadows Drive presents a balanced, modern offering in Winnipeg's North Inkster Industrial area. Built in 2018, it is a notably newer construction compared to the city's housing stock, ranking in the top 4% city-wide for its age. This suggests a property likely requiring less immediate maintenance and featuring contemporary building standards.
With 1,527 sqft of living space, the home is above the city-wide average, offering comfortable room for daily life, yet it sits around the average size for its immediate street and neighborhood. The assessed value of $426k is positioned below the local area averages but sits above the city-wide benchmark, indicating a potentially more accessible entry point within its specific, newer community. The lot size of 4,715 sqft is generous for the neighborhood, providing good outdoor space.
The appeal here lies in this balance: a modern home with a practical layout on a decent lot, priced comparably within its newer subdivision. It suits buyers seeking a turn-key property from the last decade who want to avoid the premium for a brand-new build. It would also fit those who value a bit more yard space than typical for newer subdivisions, and first-time buyers or young families looking for a solid, contemporary home without venturing into the top-tier price brackets of its immediate area.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $426k is for municipal tax purposes. While it provides a benchmark, the selling price is determined by the current market. Historical data shows a home on this street sold between $350k-$400k in mid-2020, but market conditions have changed since then.
2. What does "North Inkster Industrial" mean for the neighborhood feel?
This designation indicates the broader planning area. The property itself is on a typical residential street (Castlebury Meadows Drive) with single-family homes. The "Industrial" part of the name may reflect proximity to business or light industrial zones, so checking the immediate surroundings is advisable.
3. The home is newer, but how does its size compare?
Built in 2018, the home is modern. However, at 1,527 sqft, it is slightly smaller than the average home on its own street (~1,661 sqft). This could mean a more efficient layout or fewer rooms than some neighbors, but it remains larger than the typical Winnipeg home.
4. Is the lot size a pro or a con?
At 4,715 sqft, the lot is above average for the North Inkster Industrial area, which is a positive for outdoor space. However, it is smaller than the city-wide average lot. This is characteristic of newer subdivisions where land use is more efficient.
5. Where can I get verified historical sale data for this property?
The platform notes that due to industry rules, exact MLS sold records are not displayed online. They offer a manual lookup service where you can request the full transaction history and exact figures via email, which they will provide without using your contact information for marketing.