583 Castlebury Meadows Drive

Property Overview: 583 Castlebury Meadows Drive

Key Characteristics & Appeal

This home, built in 2017, offers modern living in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its strong, above-average positioning across key metrics when compared to both the immediate neighbourhood and the wider city. With 1,844 sqft of living space, it ranks within the top quarter of homes on its street and in its area, offering more room than most local and city-wide averages. The 2017 build date places it among the newer homes citywide, potentially reducing immediate renovation needs.

The assessed value of $559k sits above average for the area and notably higher than the city-wide benchmark, suggesting a perception of quality and desirability. The lot size of 4,725 sqft is generous for the immediate vicinity, offering good outdoor space for a newer subdivision home. A less obvious perspective is that this property represents a balanced choice: it's not the absolute largest or most expensive on the block, but it consistently performs well across the board, indicating a solid, middle-to-upper tier offering in a developing area. It would suit buyers looking for a modern, spacious home without venturing into the premium luxury market, possibly young families or professionals seeking a turn-key property with room to grow in a community of similar, relatively new homes.

Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
It sold in May 2023 for between $600,000 and $650,000. The current assessed value of $559k is below that recent sale price range.

2. Is the lot size typical for Winnipeg?
The lot is just under 4,800 sqft, which is above average for the North Inkster Industrial area but slightly below the city-wide average lot size. It’s a generous plot for a newer subdivision.

3. What does the "Elite" ranking for Year Built city-wide mean?
Compared to all homes in Winnipeg, which have an average build year of 1966, a 2017 construction date places this property in the top 5% for newness. This is a key advantage for maintenance and modern systems.

4. Are the sold prices shown exact figures?
No. The provided sale price is shown as a range. To obtain the exact historical sale price, you must request it directly via email from the site, as they manually verify this data.

5. How does this home rank for space within its own neighbourhood?
Its living area of 1,844 sqft ranks in the top 24% (154th out of 629) for the North Inkster Industrial area, where the average is 1,635 sqft. It offers significantly more interior space than most comparable local homes.