511 Castlebury Meadows Drive

North Inkster Industrial, Winnipeg

85.6

Excellent

Overall 85.6

Larger than most nearby homes

1,841 sqft (top 26%)

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

Living Area

Above average

13% 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

85.6 is composed by the two sections below.

Property Score

85.1Excellent
Living Area1,841 sqft89Excellent
Year Built201797Excellent
Lot Size4,488 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
1,841 sqft
0255075100
Same streetTop 30%Same areaTop 26%CitywideTop 16%
Same street · Castlebury Meadows Drive
#80 / 268
Top 30% · Avg 1,661 sqft
Same area · North Inkster Industrial
#163 / 629
Top 26% · Avg 1,635 sqft
Citywide · Winnipeg
#30,408 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
548k
0255075100
Same streetTop 38%Same areaTop 32%CitywideTop 13%
Same street · Castlebury Meadows Drive
#103 / 268
Top 38% · Avg 498.8k
Same area · North Inkster Industrial
#203 / 629
Top 32% · Avg 484.4k
Citywide · Winnipeg
#25,162 / 194,458
Top 13% · Avg 390.1k

Year Built

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

Lot Size

above average
4,488 sqft
0255075100
Same streetTop 45%Same areaTop 30%CitywideBottom 34%

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

511 Castlebury Meadows Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 164 m).

Search radius
🌳Parks2
Worship1

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 1/2021CA$450k–500k
Sold price

Same street

Top 26%

Same area

Top 28%

City-wide

Top 19%

Related homes

Highlights & common questions: 511 Castlebury Meadows Drive, Winnipeg

Property Summary: 511 Castlebury Meadows Drive

Key Characteristics & Appeal

This home is a modern, above-average sized property in Winnipeg's North Inkster Industrial area. Built in 2017, it offers 1,841 sqft of living space, which places it comfortably in the top 30% for size on its own street and top 16% citywide. The assessed value of $548k is notably above the Winnipeg average, suggesting a quality build and finishes for its neighbourhood.

Its primary appeal lies in offering contemporary living (being newer than 95% of city homes) with spacious interiors, without requiring the upkeep of an older property. The lot size is standard for the immediate area, prioritizing indoor living space over extensive yard maintenance.

This property would best suit buyers looking for a move-in ready, modern home who value space and newer construction over a central or established neighbourhood setting. It’s a practical choice for those wanting to avoid the potential renovation costs and surprises of an older home, while still getting more square footage than the typical Winnipeg house.


Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The assessed value of $548k is above the city-wide average of approximately $390k, placing it in the top 13% of homes. This indicates it is a higher-value property on a city scale, though it is more aligned with the average in its specific neighbourhood and street.

2. Is the lot size typical?
Yes. The 4,488 sqft lot is very consistent with the averages on Castlebury Meadows Drive and in North Inkster Industrial. It is, however, smaller than the overall city average lot, which is common for newer subdivisions.

3. What does the "Elite" ranking for year built mean?
This means the 2017 build date is newer than approximately 95% of all residential properties in Winnipeg. You are purchasing a home from the modern era of construction standards and design trends.

4. The home sold in early 2021. Where can I find the exact sale price?
The site provides a sold price range. Due to data licensing rules, exact historical sale prices are not displayed publicly. You can request the exact figure via email using the "Request exact figures" button on the property page.

5. What is the neighbourhood context of "North Inkster Industrial"?
As the name implies, this area blends residential streets with industrial and commercial zones. This can offer proximity to employment and services, but buyers should personally assess the balance between residential quiet and nearby industrial activity to ensure it fits their lifestyle.

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