Property Overview: 685 Castlebury Meadows Drive
Key Characteristics & Appeal
This home is defined by its generous scale and modern age within a newer Winnipeg neighbourhood. Built in 2017, it offers 2,211 sqft of living space, which places it comfortably in the top 7% of homes on its own street and the top 6% within the broader North Inkster Industrial area. The lot size of 4,725 sqft is also above average for the immediate locale. With an assessed value of $573,000, the property sits in a higher tier compared to city-wide averages, suggesting premium finishes or desirable features for its model and year.
Its primary appeal lies in offering substantial, contemporary living space without the maintenance concerns of an older home. A thoughtful perspective is its "city-wide elite" ranking for year built—being newer than roughly 95% of Winnipeg homes—which can translate to modern building standards, energy efficiency, and less immediate need for major updates. This property would best suit buyers looking for a move-in ready, spacious family home in a developing area, who prioritize interior square footage over a larger, sprawling yard typically found in older city neighbourhoods.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $573,000 is for municipal tax purposes and is a historical estimate. It indicates the home is valued well above the city-wide average. The actual market price will be influenced by current conditions, recent comparable sales, and the home's specific condition.
2. Is the lot size typical for a home of this size?
The lot is above average for the street and neighbourhood. However, compared to the Winnipeg city-wide average lot, it is about 28% smaller. This reflects the more efficient land use common in newer subdivisions, prioritizing interior space.
3. What does the "Top 5%" ranking for year built city-wide mean?
This statistic highlights that only about 5% of homes in Winnipeg are newer than this one. For a buyer, this strongly suggests modern construction materials, current floorplans, and potentially lower costs for utilities and routine maintenance compared to the city's predominantly older housing stock.
4. The home sold in 2017. Is more recent sales history available?
The provided data shows a sale from when the home was new. For fully verified, exact sales history and prices, you must request a manual lookup from the site via email, as they do not display MLS sales records.
5. How does this home compare to its direct neighbours?
The data shows it ranks highly for living area among 268 homes on Castlebury Meadows Drive. This means it is objectively one of the larger models on the street, offering more interior space than most comparable nearby properties.