315 Castlebury Meadows Drive

North Inkster Industrial, Winnipeg

Property score

76.8

Good

Overall 76.8 · Smaller and older than most nearby homes

1,386 sqft (bottom 17%) · Built in 2016 (2 yrs older than avg)

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

Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

15% 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

76.8 is composed by the two sections below.

Property Score

70.5Good
Living Area71
1,386 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

around average
1,386 sqft
0255075100
Same streetBottom 17%Same areaBottom 17%CitywideTop 36%
Same street · Castlebury Meadows Drive
#223 / 268
Bottom 17% · Avg 1,661 sqft
Same area · North Inkster Industrial
#522 / 629
Bottom 17% · Avg 1,635 sqft
Citywide · Winnipeg
#70,676 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
366k
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideTop 48%
Same street · Castlebury Meadows Drive
#263 / 268
Bottom 2% · Avg 498.8k
Same area · North Inkster Industrial
#618 / 629
Bottom 2% · Avg 484.4k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · 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

315 Castlebury Meadows Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 361 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 6/2016CA$250k–300k
Sold price

Same street

Bottom 2%

Same area

Bottom 1%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 315 Castlebury Meadows Drive, Winnipeg

Property Summary: 315 Castlebury Meadows Drive

Key Characteristics & Appeal

This home is a study in contrasts, defined largely by its context. Built in 2016, it is a modern property in a city where the average home is significantly older, offering the appeal of contemporary construction and systems. With 1,386 sqft of living space, it provides a comfortable, average-sized layout for the wider Winnipeg market, though it is notably more compact than most homes on its own street and in the North Inkster Industrial area.

The primary appeal lies in its value proposition. With an assessed value of $366k, it sits well below the average for its immediate neighborhood and street, where comparable homes are assessed nearly $120k higher. This presents a potential entry point into a modern, developed area at a relatively accessible price. However, the lot size is compact at 2,787 sqft, which is smaller than most local and city-wide averages, suggesting minimal outdoor maintenance but limited private yard space.

This property would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a modern, low-maintenance home in an established area over expansive square footage or a large yard. It’s a practical choice for someone seeking contemporary comforts without the premium price tag often found in newer subdivisions, accepting the trade-off of a more modest footprint.

Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
The assessed value is based on the property's specific attributes, primarily its smaller living area and lot size compared to nearby homes. It reflects the home's physical characteristics rather than the area's overall desirability, creating a value opportunity.

2. What does the "Top 98%" ranking for assessed value on the street mean?
It means this home's assessed value is higher than only 2% of comparable homes on Castlebury Meadows Drive (rank 263 out of 268). In simpler terms, it is one of the lowest-valued properties on the street, which is the key driver of its relative affordability.

3. Is a 2016 build considered old for this area?
No, quite the opposite. While it ranks slightly below the street's average build year (2017), it is significantly newer than the Winnipeg city-wide average home (built in 1966). You are buying a modern home in a mature area.

4. How reliable is the sold price data from 2016?
The data is from public records and is reasonably reliable for trend analysis. However, for exact, verified historical transaction figures, you must request a manual lookup from the site, as they do not have access to MLS sales records.

5. The home seems smaller than others nearby. Is the space efficient?
While the living area is below the local average, it is close to the city-wide average. The efficiency is best judged by a viewing. The modern build year suggests a contemporary floor plan, which often utilizes space effectively, but the actual flow and room sizes should be personally evaluated.