506 Castlebury Meadows Drive

North Inkster Industrial, Winnipeg

86.2

Excellent

Overall 86.2

Larger than most nearby homes

1,886 sqft (top 21%)

Built in 2018

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: 2 parks nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

86.2 is composed by the two sections below.

Property Score

86.1Excellent
Living Area1,886 sqft89Excellent
Year Built201897Excellent
Lot Size4,722 sqft60Fair
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
1,886 sqft
0255075100
Same streetTop 21%Same areaTop 21%CitywideTop 14%
Same street · Castlebury Meadows Drive
#55 / 268
Top 21% · Avg 1,661 sqft
Same area · North Inkster Industrial
#133 / 629
Top 21% · Avg 1,635 sqft
Citywide · Winnipeg
#27,109 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
590k
0255075100
Same streetTop 16%Same areaTop 15%CitywideTop 9%
Same street · Castlebury Meadows Drive
#42 / 268
Top 16% · Avg 498.8k
Same area · North Inkster Industrial
#95 / 629
Top 15% · Avg 484.4k
Citywide · Winnipeg
#16,865 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 1%Same areaTop 36%CitywideTop 4%

Lot Size

above average
4,722 sqft
0255075100
Same streetTop 34%Same areaTop 23%CitywideBottom 38%

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

506 Castlebury Meadows Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 157 m).

Search radius
🌳Parks2

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 506 Castlebury Meadows Drive.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday b

Sales History

Sold 1/2021CA$500k–550k
Sold price

Same street

Top 20%

Same area

Top 20%

City-wide

Top 14%
Sold 1/2019CA$400k–450k
Sold price

Same street

Top 49%

Same area

Bottom 47%

City-wide

Top 30%

Related homes

Highlights & common questions: 506 Castlebury Meadows Drive, Winnipeg

Property Overview: 506 Castlebury Meadows Drive, Winnipeg

Key Characteristics & Appeal

This home at 506 Castlebury Meadows Drive is a modern, above-average offering in Winnipeg's North Inkster Industrial area. Built in 2018, it is a relatively new construction, ranking in the top 1% for age on its own street. With 1,886 sqft of living space, it provides generous room compared to most homes in the city, neighborhood, and immediate area. The assessed value of $590,000 reflects its premium positioning, placing it well above average across all comparison levels, especially city-wide where it sits in the top 9%. The lot size of 4,722 sqft is fairly typical for the local area.

The primary appeal lies in securing a modern home with ample space in a developing area, without the maintenance concerns of an older property. Its strong value metrics suggest it's a substantial asset relative to its surroundings. This property would best suit buyers looking for a move-in ready, contemporary home who prioritize interior space over a large yard, and who see value in a property that stands out statistically in its assessed worth and newness within its immediate community.

Frequently Asked Questions

1. How does this home's value compare to others nearby?
The home's $590,000 assessment is consistently above average. It ranks in the top 16% on its street and top 15% in the North Inkster Industrial area, indicating it is considered a higher-value property in its local market.

2. Is the property in a new subdivision?
The home was built in 2018, making it one of the newest on its street (top 1%). The surrounding area has many homes from a similar period, suggesting it's part of a newer phase of development within the broader, established neighborhood.

3. What are the previous sale prices?
Public records indicate it sold in the $500k-$550k range in January 2021 and in the $400k-$450k range in January 2019. For verified, exact sale figures, a manual lookup can be requested from the site.

4. Is the lot size typical?
At 4,722 sqft, the lot is fairly standard for the street and neighborhood, but is smaller than the city-wide average lot. This is common for newer developments and reflects a focus on the home's living space.

5. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the very newest properties in its comparison group. On its street, it's in the top 1% (ranked 2nd newest out of 268 homes), meaning it offers modern construction and likely contemporary features compared to most in the immediate vicinity.

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