Property Overview: 618 Castlebury Meadows Drive
Key Characteristics, Appeal & Ideal Buyer
This home stands out for its generous proportions and modern foundation. Built in 2017, it offers a substantial 2,277 sqft of living space on a large 7,144 sqft lot. The data clearly positions it as a top-tier property in its immediate area, ranking in the top 3-5% for both living area and assessed value ($634k) compared to nearby streets and the broader North Inkster Industrial neighbourhood. Its appeal lies in this combination of above-average size, a contemporary build that minimizes immediate repair concerns, and a lot size that offers considerable outdoor space and privacy relative to its direct peers.
A thoughtful perspective is that while the home is newer city-wide, it is actually around the average age for its specific street and area, suggesting a settled, established streetscape rather than a brand-new development. The property would best suit buyers looking for a move-in ready, spacious family home in a mature subsection of a newer neighbourhood. It’s ideal for those who value interior space and a sizable yard over being in the very newest construction, and for buyers who appreciate a home that holds significant equity and stature within its local market.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in November 2017 for an estimated $400k-$450k. Its current assessed value of $634k reflects market appreciation and the added value of the established property over the past several years.
2. Is the lot size typical for the area?
The lot is significantly larger than average for both the street and the North Inkster Industrial area, ranking in the top 10%. This is a key differentiator, offering more outdoor space than most neighbouring properties.
3. What does the "Elite" or "Top X%" ranking mean for living area?
It means this home’s interior square footage is larger than approximately 97% of comparable homes on its street, 97% in the local area, and 95% across the entire city. It is genuinely a spacious home by any measure.
4. Why is the year built considered "around average" for the area but "Elite" city-wide?
This highlights the character of the neighbourhood. North Inkster Industrial features many newer homes, so a 2017 build is typical there. Compared to Winnipeg's overall housing stock, which includes many older homes, it is indeed modern and in the top 5% by age.
5. How can I get the exact historical sold price data for this property?
The provided sold price is an estimated range from public records. For fully verified and exact transaction figures, you must request a manual lookup by email via the link on the property detail page, as this site does not display proprietary MLS sold data.