295 Castlebury Meadows Drive

North Inkster Industrial, Winnipeg

Property score

79.7

Good

Overall 79.7 · Older than most nearby homes

1,533 sqft (bottom 43%) · Built in 2016 (2 yrs older than avg)

Located in a high-income area with median household income of ~121k

Transit 54.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

Punjabi · 33%English · 33%

Past 10 years North Inkster Industrial sales snapshot (~80% of all data)

Sold Count

469

Median price

475.8k

$/sqft

$297/sqft

Avg build year

2018

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Property score

79.7 is composed by the two sections below.

Property Score

75.3Good
Living Area79
1,533 sqftGood
Year Built97
2016Excellent
Lot Size28
2,787 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

86.3Excellent
Household Income91
Excellent
Education Level72
Good
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

North Inkster Industrial

How to read: Share of sales in each ~$50k price band for “north inkster industrial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111118

Community deep dive

$121K

Median household income

$133K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

5%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,533 sqft
0255075100
Same streetBottom 46%Same areaBottom 43%CitywideTop 29%
Same street · Castlebury Meadows Drive
#145 / 268
Bottom 46% · Avg 1,661 sqft
Same area · North Inkster Industrial
#358 / 629
Bottom 43% · Avg 1,635 sqft
Citywide · Winnipeg
#55,623 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
406k
0255075100
Same streetBottom 29%Same areaBottom 28%CitywideTop 37%
Same street · Castlebury Meadows Drive
#189 / 268
Bottom 29% · Avg 498.8k
Same area · North Inkster Industrial
#451 / 629
Bottom 28% · Avg 484.4k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 26%Same areaBottom 27%CitywideTop 6%

Lot Size

below average
2,787 sqft
0255075100
Same streetBottom 13%Same areaBottom 22%CitywideBottom 8%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

295 Castlebury Meadows Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 378 m).

Search radius
🌳Parks1

Crime & Safety

North Inkster Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 295 Castlebury Meadows Drive, Winnipeg

Property Summary: 295 Castlebury Meadows Drive

Section 1: Key Characteristics & Appeal

This home presents a practical value proposition in Winnipeg’s North Inkster Industrial area. Built in 2016, it’s a relatively modern property requiring less immediate upkeep than the typical, much older Winnipeg home. Its 1,533 sqft living space is comfortably above the city-wide average, offering ample room for a small family or couple.

The primary appeal lies in its balance of space, modernity, and assessed value. While its lot size is compact compared to many in the city, this often translates to lower maintenance. The assessed value of $406k sits notably below the averages for its immediate street and neighborhood, potentially indicating a more accessible entry point into a newer construction area. This combination suits first-time homebuyers or downsizers seeking a modern, low-maintenance home without a premium price tag. It may also attract value-conscious buyers who prioritize interior space and newer building systems over a large yard.

A less obvious perspective is its city-wide standing. While it ranks below average in its immediate vicinity for metrics like lot size and value, it ranks well above average compared to the entire Winnipeg market for living space and year built. This suggests you’re getting a newer, efficiently designed home that competes favorably on a broader scale, even if it’s a more standard offering on its own block.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($406k) is for municipal tax purposes. Notably, it’s below the average for both the street and neighborhood, which could be a point for buyer negotiation or may reflect specific attributes of the property. Market conditions and recent comparable sales are more direct indicators of current value.

2. How does the smaller lot size impact living here?
At 2,787 sqft, the lot is compact. This means lower yard maintenance, but also limited space for expansions, large gardens, or extensive outdoor recreation. It aligns with a low-maintenance lifestyle and is common for newer subdivisions.

3. The home sold in 2016. What does that history tell us?
It was last purchased when the home was new, meaning the current sale would be its first resale. This often provides a clearer maintenance history without the complexity of multiple prior owners.

4. How does this home compare to others on the same street?
The data shows it is a fairly typical home for Castlebury Meadows Drive in terms of living area. However, it is newer than most on the street and has a lower assessed value than the street average, which could represent a value opportunity.

5. What are the potential trade-offs of a home built in 2016?
While modern and likely energy-efficient, a home from this era is now approaching a decade old. Buyers should still budget for routine maintenance and the potential upcoming replacement of early-life components, such as appliances or HVAC systems, though major structural issues are less likely than with an older home.