Property Overview: 697 Castlebury Meadows Drive
This home presents a compelling mix of modern construction and above-average space, positioned in Winnipeg's North Inkster Industrial area. Built in 2017, it stands out primarily for its generous lot size and spacious interior compared to its immediate surroundings.
Key Characteristics & Appeal
The home’s primary appeal lies in its balance of a newer build and substantial land. With 1,864 sqft of living space, it sits comfortably above the average for its street, area, and the wider city. Its most distinctive feature is the 7,292 sqft lot, which ranks in the top 5% within the neighbourhood, offering significant outdoor space that is uncommon for a home of this age.
The assessed value of $571,000 is consistently above average across all comparison levels, particularly city-wide where it places in the top 10%. This suggests a perception of solid value and desirability in the broader market. The modern build year means major systems are likely still within their expected lifespan, potentially reducing near-term repair costs.
This property would suit buyers looking for a relatively new home without sacrificing yard space—a combination often hard to find. It’s ideal for a growing family that values room for outdoor activities, or for someone interested in the potential for future additions or landscaping projects. The above-average metrics indicate it’s a strong contender within its category, appealing to those seeking a property that outperforms typical benchmarks.
Frequently Asked Questions
1. How does the lot size compare to typical city lots?
While the lot is elite for the North Inkster Industrial area, it's important to note the city-wide average lot size is 6,570 sqft. This property’s lot is larger, but the "elite" ranking specifically highlights how uncommon such a large parcel is for a newer home in this specific neighbourhood.
2. What does the "above average" assessed value indicate?
An assessed value in the top 10% city-wide generally reflects a property that has been appraised higher than most homes in Winnipeg. This can be influenced by the newer construction, larger living area, and lot size. It is a key metric for municipal tax calculations and can be an indicator of market position.
3. The home sold in 2017. Is price history available?
The sold price from October 2017 is listed in a range (CA$400k–450k). For verified, exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules.
4. Is the neighbourhood primarily industrial?
The area is named "North Inkster Industrial," but the presence of a residential street like Castlebury Meadows Drive with modern homes suggests a mixed-use or adjacent residential community. Prospective buyers should research the specific surroundings to understand the full context.
5. How meaningful is the "Year Built" ranking?
City-wide, a 2017 build date places the home in the top 5%, as Winnipeg has many older homes (city-wide average year built is 1966). In its immediate area, however, it's around average, indicating this is a newer subdivision where many homes were constructed around the same time.