Property Overview: 677 Castlebury Meadows Drive
Key Characteristics & Appeal
This home presents a compelling blend of modern build quality and above-average space. Built in 2018, it is notably newer than most homes in Winnipeg, ranking in the top 4% city-wide for its year of construction. With 2,113 sqft of living area, it offers significantly more interior space than the typical Winnipeg home, placing it comfortably within the top 10% of the market. The lot size of 4,725 sqft is generous for its immediate area, providing ample outdoor space in a neighbourhood context.
The appeal lies in its strong, balanced positioning across all metrics. It’s not just a new house on a small lot, nor a large house that’s decades old. It offers a modern package with spacious interiors and a respectable yard. The assessed value of $583k reflects this premium, sitting well above averages for the street, area, and city. A thoughtful perspective is that this property avoids the common trade-offs buyers often face, providing a "middle-to-upper" benchmark in multiple categories without a significant weak point.
This home would suit buyers looking for a move-in-ready, modern property who prioritize interior square footage and contemporary builds over owning the largest lot on the block. It’s ideal for families or professionals seeking space and newer construction without venturing into the luxury market’s highest tiers.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in August 2020 for between $450,000 and $500,000. Its current assessed value of $583k is above that range, reflecting market changes and the value of its newer construction and above-average living space.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is larger than most in the North Inkster Industrial area, offering good private outdoor space for the neighbourhood. However, it is around average (top 62%) compared to lots across the entire city, where larger, older lots are more common.
3. What does the "Elite" ranking for Year Built mean?
An "Elite" ranking means the property is in the top ~1-5% of its comparison group for that feature. On its street, it’s in the top 1% (ranked 2nd newest out of 268 homes). City-wide, it’s in the top 4%, meaning it is significantly newer than the vast majority of Winnipeg’s housing stock.
4. Are the sold prices shown here from the MLS?
No. The sold price data is gathered from public sources, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. Who are the most direct comparable neighbours?
The most immediate comparisons are the other homes on Castlebury Meadows Drive. The data shows homes on this street have an average living area of 1,661 sqft and an average assessed value of about $498,800. This property exceeds both of those street averages, positioning it as one of the larger and more valuable homes on the block.