Property Overview: 174 Castlebury Meadows Drive

Key Characteristics & Appeal

This home at 174 Castlebury Meadows Drive is a modern, well-sized property built in 2016. Its primary appeal lies in its generous living space. At 2,001 square feet, the home is notably larger than most, ranking in the top 18% on its own street and the top 11% city-wide when compared to similar properties. This makes it an excellent choice for buyers seeking ample room without venturing into an oversized, high-maintenance footprint.

The assessed value of $552,000 sits around the average for the immediate area but is well above the Winnipeg average, suggesting you are paying a premium for the desirable North Inkster Industrial neighbourhood and the home's modern age. The lot size is standard for the community, offering typical outdoor space without extensive yard work.

This property would best suit practical buyers who prioritize move-in-ready, modern construction and spacious interiors over a historic character or a massive lot. It’s a strong fit for growing families or professionals who want more home for their money compared to older city neighbourhoods, and who value being part of a relatively new, consistent community where the home’s age is actually older than many on the street.

Frequently Asked Questions

1. How does this home’s value compare to its last sale price?
The home sold in 2016 for between $350,000 and $400,000. Its current assessed value of $552,000 reflects market appreciation over the last decade.

2. Is the lot size a pro or a con?
The 4,410 sqft lot is very standard for this specific neighbourhood, so it’s neither a standout feature nor a drawback. It provides a manageable yard typical for the area, but isn’t suited for someone seeking extensive land.

3. What does it mean that the home is "older" than others on the street?
With a 2016 build, it ranks in the bottom 30% for year built on Castlebury Meadows Drive. This isn't a negative; it simply means the street continued to develop after this home was built. It indicates a stable, newer community and suggests the home may have more mature landscaping than newer lots.

4. How reliable are the sold price and comparison data shown?
The sold price data is based on publicly available records, not the MLS, and is presented as a range. For fully verified, exact historical transaction figures, you must request a manual lookup from the site via email.

5. What are the trade-offs of the above-average living space?
While you get significantly more interior space than the city average, the assessed value is also higher than the city average. You are effectively trading a higher budget for more square footage in this neighbourhood, rather than, for example, paying a similar price for a smaller home in a more central or established area.