52 Forrester Avenue

Meadowood, ਵਿਨੀਪਿਗ

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, 5 parks, and 2 sports facilitys nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

25% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

42 yrs newer than neighborhood avg.

Mother tongue

English · 60%French · 5%

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

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

66.8 is composed by the two sections below.

Property Score

67.2Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ71
1,393 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ97
2020Excellent
ਜ਼ਮੀਨ10
1,521 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

66.1Good
Household Income72
Good
Education Level72
Good
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health52
Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Meadowood

How to read: Share of sales in each ~$50k price band for “meadowood” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110597

Community deep dive

$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

Population, labour & age

Population (2021)1,107
Labour force participation rate52%
Median age39.2
Avg household size2.5
Unemployment rate6%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children22%
Median household income (2020)$72K

Housing

Renter households62%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
1,393 sqft
0255075100
Same streetਟਾਪ 2%Same areaਟਾਪ 13%Citywideਟਾਪ 36%
Same street · Forrester Avenue
#1 / 42
ਟਾਪ 2% · ਔਸਤ 1,393 sqft
Same area · Meadowood
#213 / 1,668
ਟਾਪ 13% · ਔਸਤ 1,114 sqft
Citywide · ਵਿਨੀਪਿਗ
#69,935 / 194,458
ਟਾਪ 36% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
331k
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 21%Citywideਹੇਠਲੇ 39%
Same street · Forrester Avenue
#42 / 42
ਹੇਠਲੇ 1% · ਔਸਤ 339k
Same area · Meadowood
#1,322 / 1,668
ਹੇਠਲੇ 21% · ਔਸਤ 375.6k
Citywide · ਵਿਨੀਪਿਗ
#117,909 / 194,458
ਹੇਠਲੇ 39% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2020
0255075100
Same streetਟਾਪ 2%Same areaਟਾਪ 1%Citywideਟਾਪ 3%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,521 sqft
0255075100
Same streetਟਾਪ 26%Same areaਹੇਠਲੇ 2%Citywideਹੇਠਲੇ 1%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

52 Forrester Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 262 m), 1 education (nearest 391 m), 5 parks (nearest 200 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
💪Sports2
🏦Finance1
Worship1

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

9/2024 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 2%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 16%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 31%
1/2020 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 27%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 31%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 37%

Related homes

ਵਿਨੀਪਿਗ 52 Forrester Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Summary: 52 Forrester Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This home presents a distinct profile defined by its modern age and efficient layout. Built in 2020, it is one of the newest homes on its street and in the broader Meadowood area, offering move-in readiness with the benefits of contemporary construction standards and systems. With 1,393 square feet of living space, it provides above-average roominess for the neighbourhood, ranking in the top tier locally. This combination of new construction and practical square footage is its primary appeal.

However, the property’s context requires a balanced view. The lot size is compact, typical for newer infill developments but significantly smaller than the established average for both Meadowood and the city overall. This translates to minimal outdoor private space. The home’s assessed value is notably lower than area averages, which may reflect this smaller lot, specific market conditions at its last assessment, or its interior finish level. Recent sale history shows steady appreciation.

This property would best suit buyers who prioritize a modern, low-maintenance home in a convenient location and do not require a large yard. It’s ideal for professionals, small families, or downsizers seeking a newer build without the premium of a brand-new custom home. A thoughtful buyer will value the modern infrastructure while being comfortable with a more urban, low-landscape footprint.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sold price?
Property assessments in Manitoba are based on a mass appraisal system for taxation purposes and often lag behind current market values, especially for recently sold homes. The sold price is a clearer indicator of its present market worth.

2. What does the "top tier" ranking for living area actually mean?
It means that, compared to other homes on Forrester Avenue, this house has more living space than approximately 98% of them. Within Meadowood, it has more space than about 87% of comparable properties.

3. Are there any concerns with a lot size that ranks "below average"?
It primarily means less private outdoor space for gardening, play, or entertaining. It does not necessarily indicate a problem, but it’s a key trade-off for the newer home. You should verify setback rules and the potential for overlooking from neighbouring properties.

4. As a newer build, what should I investigate regarding construction?
While newer homes have modern components, it’s wise to review the builder’s reputation, understand the remaining warranty coverage (typically on major systems), and still consider a thorough inspection to identify any shortcuts or settling issues common in the first few years.

5. The data shows sales in 2020 and 2024. What might this indicate?
The two sales in a short period could reflect an initial investor/flipper, a builder’s sale followed by a resident owner’s resale, or a personal circumstance change. Requesting the full listing history and exact sale prices can clarify the story behind the turnover.