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 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 3 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
188 Forrester Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 375 m), 1 education (nearest 323 m), 3 parks (nearest 84 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 | Top 9% | Bottom 47% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 188 Forrester Avenue, Winnipeg
Key Characteristics & Appeal
This home is defined by its modern build year and efficient use of space. Constructed in 2020, it is among the newest homes in its immediate neighborhood and across Winnipeg, offering contemporary construction and likely lower maintenance needs in the near term. With 1,393 square feet of living area, it provides above-average interior space for the Meadowood area, making it a roomy option within a suburban setting.
The appeal lies in this balance of new construction and practical space. It suits buyers prioritizing a modern, move-in-ready home without the footprint or upkeep of a larger, older property. The lot size is compact (1,521 sq ft), which translates to minimal yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. Interestingly, while the home is new and spacious for the area, its assessed value is modest compared to many Meadowood homes, potentially representing a value proposition for a newer build.
This property would best suit first-time buyers or downsizers looking for a modern, low-maintenance home in a established neighborhood. It’s less suited for those wanting a large private yard or extensive garden space.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is compact, even for its street. This means very little exterior maintenance but also limited private outdoor space. It's ideal for those who prefer indoor living or use public parks.
2. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value for tax purposes is notably lower than the city-wide average for homes and the home's last sold price range ($300k-$350k in 2020). Market price is influenced by many other factors, including the modern build year.
3. What does being a "newer" home in an older neighborhood mean?
You benefit from modern building standards, floor plans, and systems, but the home's architectural style and lot size may differ from older neighbors. It often means fewer immediate repair costs.
4. Why is the living area considered above average for Meadowood?
Many homes in the area are older and smaller. At nearly 1,400 sq ft, this home offers more interior space than approximately 87% of comparable properties in Meadowood, which is a significant local advantage.
5. How can I find out the exact historical sale prices?
The provider offers a manual service to email the exact sold price history upon request, as the public data shows only ranges. You can submit your email on the listing page to receive this detail.
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