Property Overview: 467 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and relative value. Built in 2017, it is a notably newer construction compared to the average Winnipeg home, which likely means fewer immediate maintenance concerns and modern building standards. With 1,533 sqft of living space, it offers above-average roominess for the city, providing comfortable space for a small family or those who appreciate a bit of extra room.
The appeal here is nuanced. The home’s assessed value of $388k sits below the average for its immediate street and North Inkster Industrial area, yet is very close to the city-wide average. This suggests you may be getting a newer, reasonably spacious home at a value-oriented entry point within its own neighbourhood. The lot size is compact (2,951 sqft), which translates to less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle—but a trade-off for those wanting extensive outdoor space.
This property would suit first-time buyers or young families looking for a modern, move-in-ready home without a premium price tag in a developing area. It’s also a practical fit for value-conscious buyers who prioritize interior space and newer infrastructure over a large yard. A less obvious perspective is that its below-average assessment for the area could represent an opportunity if the neighbourhood continues to develop, though the compact lot may appreciate at a different rate than larger properties.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others nearby?
The data suggests it is. While offering similar living space and age to nearby homes, its assessed value is consistently lower than the averages on its street and in the North Inkster Industrial area.
2. What are the trade-offs for the lower assessed value?
The primary trade-off appears to be land size. The lot is smaller than most on the street and significantly smaller than the Winnipeg average, which affects outdoor space and potential for expansions like large decks or additions.
3. How does the home’s age compare broadly?
Built in 2017, it is significantly newer than the average Winnipeg home (built around 1966). In fact, it ranks in the top 5% city-wide for new construction, indicating a relatively modern property in the broader market context.
4. What is the recent sales history in the area?
Nearby, a very similar home at 368 Castlebury Meadows Drive (built 2017, 1,492 sqft) recently sold. The last recorded sale for this specific property was in April 2022, within the $450k-$500k range.
5. Where can I get verified, exact sale prices for this property?
The site provides sold price ranges publicly. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.