495 Castlebury Meadows Drive

North Inkster Industrial, Winnipeg

84.5

Excellent

Overall 84.5

Compared with neighbourhood average

1,703 sqft (top 35%)

Built in 2017 (1 yr older than avg)

Located in a high-income area

with median household income of ~121k

Transit 60.0

9-min walk to transit with 3 nearby routes

Within 500m: 1 park nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Near average

1 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

84.5 is composed by the two sections below.

Property Score

83.3Excellent
Living Area1,703 sqft86Excellent
Year Built201797Excellent
Lot Size4,016 sqft53Fair
Neighbourhood Sales Activity86Excellent

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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
1,703 sqft
0255075100
Same streetTop 42%Same areaTop 35%CitywideTop 21%
Same street · Castlebury Meadows Drive
#113 / 268
Top 42% · Avg 1,661 sqft
Same area · North Inkster Industrial
#222 / 629
Top 35% · Avg 1,635 sqft
Citywide · Winnipeg
#40,494 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
559k
0255075100
Same streetTop 32%Same areaTop 29%CitywideTop 12%
Same street · Castlebury Meadows Drive
#87 / 268
Top 32% · Avg 498.8k
Same area · North Inkster Industrial
#183 / 629
Top 29% · Avg 484.4k
Citywide · Winnipeg
#22,621 / 194,458
Top 12% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 16%Same areaTop 43%CitywideTop 5%

Lot Size

around average
4,016 sqft
0255075100
Same streetBottom 37%Same areaTop 47%CitywideBottom 26%

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

495 Castlebury Meadows Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 201 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 1/2022CA$550k–600k
Sold price

Same street

Top 13%

Same area

Top 16%

City-wide

Top 10%
Sold 7/2017CA$350k–400k
Sold price

Same street

Bottom 32%

Same area

Bottom 21%

City-wide

Top 44%

Related homes

Highlights & common questions: 495 Castlebury Meadows Drive, Winnipeg

Property Overview: 495 Castlebury Meadows Drive

Key Characteristics & Appeal

This home is a well-positioned, modern property built in 2017, offering a balanced profile in its North Inkster Industrial neighbourhood. Its primary appeal lies in its relative newness and above-average space compared to the wider Winnipeg market. With 1,703 sqft of living area, it provides more interior room than about 80% of city homes. The assessed value of $559k sits comfortably above averages for both the city and the immediate area, suggesting a perception of solid quality and desirability.

The data reveals a nuanced story: while the lot size is modest by typical Winnipeg standards, the home itself is modern and spacious. This creates a low-maintenance exterior without sacrificing interior living space—a specific trade-off that defines its character. Its strongest city-wide ranking is for its year of construction, placing it in the top 5%, which translates to fewer immediate repair concerns and modern building standards.

This property would suit buyers seeking a move-in-ready, contemporary home who prioritize interior space and modern amenities over a large yard. It’s a strong fit for professionals or small families looking for a balance of comfort and convenience in a developing area, and for those who see value in a home that is significantly newer than the vast majority of the city's housing stock.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for both the North Inkster Industrial area and the city overall. On its own street, it ranks in the top third, indicating it is valued higher than many of its direct neighbours.

2. Is the lot size a concern?
The land area is approximately 4,016 sqft, which is smaller than the typical Winnipeg lot. This means less yard maintenance but also less private outdoor space. It is fairly standard for newer developments in this area.

3. What does the sale history tell us?
The home sold previously in 2017 and again in early 2022. The price increase between those sales aligns with broader market trends of the time. Specific, verified sale prices can be requested by email from the site.

4. How does the living space compare to other homes?
The living area is above the city average. It is very close to the average size for both the immediate street and the broader neighbourhood, meaning it offers typical space for this specific community but more space than you’d find in many older Winnipeg homes.

5. Why is the year built highlighted as a key feature?
Built in 2017, the home is in the top 5% newest homes city-wide, where the average comparison home was built in 1966. This suggests potentially lower costs for updates and repairs, newer building materials, and modern layouts compared to much of the existing housing stock.

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