47 Forest Park Drive

Garden City, Winnipeg

Property score

82.9

Excellent

Overall 82.9 · Larger and newer than most nearby homes

2,762 sqft (top 1%) · Built in 1965 (4 yrs newer than avg)

Located in a high-income area with median household income of ~107k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 shop, 5 parks, and 1 place of worship nearby

Living Area

Above average

111% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 65%Tagalog · 14%

Past 10 years Garden City sales snapshot (~80% of all data)

Sold Count

616

Median price

411k

$/sqft

$361/sqft

Avg build year

1961

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Property score

82.9 is composed by the two sections below.

Property Score

84.0Excellent
Living Area98
2,762 sqftExcellent
Year Built46
1965Low
Lot Size93
8,593 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

81.2Excellent
Household Income87
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Garden City

How to read: Share of sales in each ~$50k price band for “garden city” (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: #46110034

Community deep dive

$107K

Median household income

$119K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)585
Labour force participation rate64%
Median age40.4
Avg household size3.0
Unemployment rate6%
Population density3078 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households20%
Couple families with children38%
Median household income (2020)$107K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority32%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,762 sqft
0255075100
Same streetTop 10%Same areaTop 1%CitywideTop 2%
Same street · Forest Park Drive
#7 / 68
Top 10% · Avg 1,834 sqft
Same area · Garden City
#24 / 1,909
Top 1% · Avg 1,307 sqft
Citywide · Winnipeg
#3,125 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
550k
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 13%
Same street · Forest Park Drive
#3 / 68
Top 4% · Avg 404k
Same area · Garden City
#10 / 1,909
Top 1% · Avg 357.4k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 6%Same areaTop 15%CitywideBottom 47%

Lot Size

Elite
8,593 sqft
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 9%

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

47 Forest Park Drive — 9 amenities found within 500 m, across 4 categories, including 2 education (nearest 85 m), 1 shopping (nearest 349 m), 5 parks (nearest 161 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks5
Worship1

Crime & Safety

Garden City · WPS public data · 2026

Annual incidents

45

2026

vs. city avg

+53%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

69%

Sales History

Sold 7/2019CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 4%

City-wide

Top 21%

Related homes

Highlights & common questions: 47 Forest Park Drive, Winnipeg

Property Overview: 47 Forest Park Drive, Garden City, Winnipeg

Key Characteristics & Appeal

This two-storey home on Forest Park Drive is a standout property defined by its generous scale and established setting. Its primary appeal lies in offering substantial space—both inside and out—within a mature, sought-after neighbourhood. With 2,762 sqft of living area, the home ranks in the top 10% on its street and the top 1% within Garden City for size, making it a notably spacious offering. This is complemented by a large, 8,593 sqft lot that places in the top 4% of the area, providing ample outdoor privacy and potential. A renovated basement and an attached garage add to its functional appeal.

The home’s value proposition is underscored by its elite standing in the local context. While its 1965 build date is typical for the area, the property’s assessed value of $550k ranks in the top 1% of Garden City, indicating a premium valuation relative to its immediate peers. This suggests a home that has been well-maintained or upgraded, situated on a desirable street. It would best suit buyers looking for established character and room to grow without venturing into new subdivisions, particularly families or those who value larger interior spaces and a sizable yard over a brand-new build. It represents a chance to own a home that is significantly above average for its community in terms of footprint and lot size.

Frequently Asked Questions

1. How does this home’s value compare to the rest of Winnipeg?
While elite within Garden City, the assessed value ranks above average (top 13%) city-wide. This highlights Garden City as a relatively affordable area for a home of this size, offering more space for the investment compared to many other Winnipeg neighbourhoods.

2. Is the sold price history from 2019 relevant today?
The last known sale was in mid-2019. While it provides a historical benchmark, market conditions have changed. The current assessed value offers a more contemporary, though not market-based, valuation point for consideration.

3. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. This would be a key point of inquiry to understand the finish quality, layout, and whether it includes legal secondary suite potential, which would significantly impact utility and value.

4. Why is the lot size a significant feature?
At over 8,500 sqft, the lot is substantially larger than the average for both the street and Garden City. This not only provides more private outdoor space but also offers future potential for additions, landscaping projects, or even subdivision, subject to zoning.

5. The home is 61 years old. What should I be mindful of?
While the renovated basement is a plus, the core systems (roof, plumbing, electrical, foundation) of a home from this era may be at or beyond their typical service life. A thorough inspection is essential to understand the condition and any upcoming capital expenditures, which is a key trade-off for acquiring character and established greenery.