Property Summary: 622 Castlebury Meadows Drive
Section 1: Key Characteristics & Appeal
This home is defined by its generous scale and modern foundation. Built in 2017, it offers 2,235 sqft of living space on a substantial 7,145 sqft lot, placing it consistently in the top 10% of comparable homes in its immediate area for both size and lot dimensions. Its assessed value of $617k further reflects its above-average standing locally and citywide.
The primary appeal lies in acquiring a relatively new, spacious property in a neighbourhood of similar-aged homes, offering a move-in-ready canvas without the concerns of an older build. The lot size is a significant advantage, providing ample outdoor space that is notably larger than most in the North Inkster Industrial area, ideal for gardening, recreation, or future expansion.
This property would best suit buyers looking for a modern family home with room to grow, who value space over an established, mature streetscape. It’s a practical choice for those seeking a strong value proposition—a newer, larger home for the price—rather than a historic or centrally located character property. A thoughtful perspective is that while the home ranks highly within its own developing area, its city-wide "elite" ranking for year built highlights the value of its modern construction compared to Winnipeg's overall older housing stock, potentially meaning lower near-term maintenance costs.
Section 2: Frequently Asked Questions
1. How has the property’s value changed over time?
The home sold for between $400k-$450k when new in 2017 and most recently sold for between $600k-$650k in early 2025. This indicates appreciation over an 8-year period, with the exact rate depending on the final sale prices.
2. How does this home compare to others on the street and in the area?
The data shows it is larger, on a bigger lot, and has a higher assessed value than the average home on Castlebury Meadows Drive and in the wider North Inkster Industrial area. It ranks in the top 10% or better for these metrics among its immediate peers.
3. Where can I see exact historical sale prices?
The site provides sold price ranges publicly. To obtain the exact sale figures, you must request them directly via email, as this platform does not display MLS data due to industry regulations.
4. Is the North Inkster Industrial area primarily residential?
While the neighbourhood name suggests an industrial component, the provided data focuses solely on residential comparisons. The immediate context shows a street and area with modern, single-family homes. Further research into the broader neighbourhood's zoning and amenities is recommended.
5. What does the “Elite” ranking for Year Built city-wide mean?
Compared to the entire city of Winnipeg, where the average comparable home was built around 1966, this 2017 build is in the top 5% for newness. This highlights a key advantage: a modern home likely built to recent codes with contemporary systems, which is less common in the overall market.