Property score
66.8
Good
Overall 66.8 · Larger and newer than most nearby homes
1,393 sqft (top 13%) · Built in 2020 (42 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
42 yrs newer than neighborhood avg.
Mother tongue
English · 60%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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66.8 is composed by the two sections below.
Property Score
Community Score
Meadowood
How to read: Share of sales in each ~$50k price band for “meadowood” (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: #46110597
$72K
Median household income
$82K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
29%
Single-person households
22%
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
128 Forrester Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 313 m), 1 education (nearest 340 m), 4 parks (nearest 106 m).
Meadowood · WPS public data · 2026
Annual incidents
24
2026
vs. city avg
-19%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
58%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 18% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
128 Forrester Avenue is a modern, well-sized home in Winnipeg's Meadowood neighbourhood. Built in 2020, it offers the benefits of a newer construction with minimal initial maintenance. The 1,393 sqft living space is notably spacious for its immediate area and the broader Meadowood community, providing ample room for comfortable living. While the lot size is compact compared to many Winnipeg homes, this translates to less yard upkeep. The property’s assessed value is positioned below average for its street and neighbourhood, which may present an interesting value proposition depending on the listing price.
Key Characteristics & Appeal
The primary appeal of this home lies in its combination of a modern build and efficient, above-average living space within a established neighbourhood. It suits first-time buyers or downsizers seeking a newer, low-maintenance property without sacrificing interior room. It would also appeal to value-conscious buyers who prioritize a modern, move-in ready interior over a large yard. A less obvious perspective is its potential for energy efficiency and lower immediate repair costs due to its age, which can be a significant long-term savings. The compact lot, while not for everyone, offers a lock-and-leave convenience that can be ideal for busy professionals or frequent travelers.
1. Is this a good value for the area?
The data suggests a mixed picture. The home is newer and larger than most in Meadowood, which are strong value adds. However, its assessed value is below average for the neighbourhood, which could indicate a competitive opportunity, but it’s essential to compare the listing price directly to recent sales of similar modern homes.
2. What are the implications of the smaller lot size?
The lot is significantly smaller than the typical Winnipeg property. This means minimal yard maintenance, but also limited private outdoor space, less potential for expansions like a large deck or garage, and closer proximity to neighbours. It’s a trade-off that suits a low-maintenance lifestyle.
3. What does the sold price history tell us?
It last sold between $250k-$300k in 2020, the year it was built. This past price is not a direct indicator of current market value, but it provides a baseline. The "exact sold price" is available by request from the site, which is necessary for a precise analysis.
4. Who would this property not suit?
It may not be ideal for buyers wanting extensive garden space, room for future additions like a large workshop or pool, or those who prefer more traditional, character-filled older homes. Families seeking vast outdoor play areas might find the lot limiting.
5. How does it rank compared to homes directly on Forrester Avenue?
On its own street, it ranks elite for living area and year built (among the newest and largest), but below average for assessed value and slightly above average for lot size. This indicates it’s a standout, modern home on a street with a variety of older and potentially smaller properties.
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