Property Overview: 515 Castlebury Meadows Drive
Key Characteristics & Appeal
This home at 515 Castlebury Meadows Drive presents a balanced, modern offering in Winnipeg's North Inkster Industrial area. Built in 2017, it is a relatively new property, ranking in the top 5% city-wide for its age. With 1,639 sqft of living space, it provides above-average roominess compared to the typical Winnipeg home. The assessed value of $538,000 positions it well above the city-wide average, suggesting a quality build and desirable features for its tier.
The appeal lies in its strong, middle-ground positioning. It isn't an outlier in any single metric for its immediate neighborhood, but it consistently performs better than average when viewed in the broader city context. This indicates a solid, modern home in a developing area that offers more contemporary comforts than much of Winnipeg's older housing stock. The lot size of 4,488 sqft is standard for the street but smaller than the city median, pointing to a lower-maintenance yard.
This property would suit buyers looking for a turn-key, modern home without venturing into the premium luxury market. It's ideal for professionals or small families who value newer construction (and thus potentially lower immediate maintenance costs) and above-average interior space, but who may not prioritize a large lot. The data suggests it offers a "city-smart" purchase: more modern and spacious than the Winnipeg norm, while being competitively priced within its own evolving community.
Frequently Asked Questions
1. How does this home's value compare to others on the same street?
Its assessed value of $538,000 ranks in the top 44% on Castlebury Meadows Drive, slightly above the street's average of approximately $498,800. This indicates it is a above-average offering on its own block.
2. Is the property considered new?
Built in 2017, it is relatively new. It ranks in the top 16% for age on its street and, more notably, in the elite top 5% compared to all homes across Winnipeg, where the average benchmark year built is 1966.
3. What is the likely maintenance requirement given its age?
As a home only 9 years old, it should be within the window where major structural components (roof, siding, HVAC, major appliances) are still under or just approaching their typical lifespan, suggesting predictable and potentially lower near-term maintenance costs compared to an older home.
4. How does the lot size impact its potential?
At 4,488 sqft, the lot is consistent with others in the North Inkster Industrial area but is about 32% smaller than the city-wide average lot. This means a more manageable yard for upkeep but may limit possibilities for large expansions, pools, or extensive landscaping compared to properties on larger lots.
5. Where can I get verified historical sale price data for this home?
The site notes that exact sold price data is not displayed publicly due to industry rules. They offer a manual lookup service; you can request the exact sale history by email, and they will provide the verified figures directly to you at no cost.