83.4
Excellent
Property score
83.4
Excellent
Overall 83.4
Compared with neighbourhood average
1,631 sqft (top 40%)
Built in 2017 (1 yr older than avg)
Located in a high-income area
with median household income of ~121k
Transit 60.0
8-min walk to transit with 3 nearby routes
Within 500m: 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% smaller 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)
469
475.8k
$297/sqft
2018
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83.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111118
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
507 Castlebury Meadows Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 174 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 27% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Castlebury Meadows Drive
Key Characteristics & Appeal
This home, built in 2017, offers modern living in Winnipeg's North Inkster Industrial area. With 1,631 sqft of living space, it provides ample room for a family and ranks above average in size compared to the wider city. Its assessed value of $515k follows a similar pattern—positioned around the middle for its immediate street and neighborhood, but within the top 17% citywide, suggesting a solid investment in a newer property relative to Winnipeg's older housing stock.
The appeal lies in its balance and modernity. You get a contemporary home that’s less than a decade old, which means likely fewer major maintenance concerns compared to the city's average home built in 1966. The lot size of 4,252 sqft is fairly standard for the area, offering manageable outdoor space without excessive upkeep.
This property would suit practical buyers looking for a turn-key, modern home who value being part of a newer development cluster. It’s ideal for those who want space and recent construction without venturing into the premium price tier of their immediate area. The data suggests it’s a strong contender for city-wide value, offering more modern square footage for the dollar than many older Winnipeg neighborhoods.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value is very close to the average for both Castlebury Meadows Drive and the broader North Inkster Industrial area, indicating it is priced consistently with its direct peers.
2. What are the advantages of a 2017 build year?
A home built in 2017 is relatively new, potentially meaning updated building codes, more efficient insulation and windows, and less immediate need for costly replacements of major components like the roof or HVAC system.
3. Is the lot size typical?
Yes. The land area is standard for this specific neighborhood and street, though it is smaller than the city-wide average lot. This points to a more modern, efficient use of space rather than expansive yards.
4. The city-wide rankings seem high. What does that mean?
While the home is average for its newer neighborhood, it ranks in the top 24% for size and top 17% for value citywide. This highlights that you are buying into a newer, above-average segment of Winnipeg’s total housing market, which is predominantly older.
5. Where can I find verified historical sale data?
The provided sold price from 2017 is a range from public data. For a complete and exact transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records.
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