72 Forrester Avenue

Meadowood, Winnipeg

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

Living Area

Above average

25% larger than neighborhood avg.

Taon ng Paggawa

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
Living Area71
1,393 sqftGood
Taon ng Paggawa97
2020Excellent
Lupa10
1,841 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

Istatistika ng benta ng komunidad

Meadowood

How to read: Share of sales in each ~$50k price band for “meadowood” (Detached na bahay (hindi 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: #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.

Mga ranggo

Living Area

Elite
1,393 sqft
0255075100
Same streetTop 2%Same areaTop 13%CitywideTop 36%
Same street · Forrester Avenue
#1 / 42
Top 2% · Avg 1,393 sqft
Same area · Meadowood
#213 / 1,668
Top 13% · Avg 1,114 sqft
Citywide · Winnipeg
#69,935 / 194,458
Top 36% · Avg 1,342 sqft

Assessed Value

Elite
362k
0255075100
Same streetTop 5%Same areaBottom 38%CitywideTop 50%
Same street · Forrester Avenue
#2 / 42
Top 5% · Avg 339k
Same area · Meadowood
#1,040 / 1,668
Bottom 38% · Avg 375.6k
Citywide · Winnipeg
#96,445 / 194,458
Top 50% · Avg 390.1k

Taon ng Paggawa

Elite
2020
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 3%

Lupa

lampas sa average
1,841 sqft
0255075100
Same streetTop 7%Same areaBottom 2%CitywideBottom 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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

72 Forrester Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 271 m), 1 education (nearest 375 m), 5 parks (nearest 174 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%

Kasaysayan ng Benta

Naibenta 1/2020CA$250k–300k
Presyo ng benta

Parehong kalye

Top 33%

Parehong lugar

Bottom 29%

Buong lungsod

Bottom 36%

Related homes

Mga tampok at karaniwang tanong: 72 Forrester Avenue, Winnipeg

Property Overview & Appeal

This 2020-built home at 72 Forrester Avenue in Meadowood is a modern, low-maintenance property positioned within a neighbourhood of older homes. Its primary appeal lies in its contemporary construction and efficient use of space. At 1,393 sqft, the living area is notably spacious for both its immediate street and the Meadowood area, ranking in the top tier locally. This suggests a well-designed layout that maximizes interior space on its modest 1,841 sqft lot.

The home is ideally suited for first-time buyers, downsizers, or professionals seeking a modern, move-in-ready property without the upkeep demands of an older house. Its newer age (top 1-3% across all comparisons) means likely fewer immediate repair concerns and modern building standards. A thoughtful perspective is that this property offers a "best on the block" quality in terms of age and interior size for the street, but with a smaller, more manageable yard—a trade-off that will appeal to those prioritizing indoor living space over extensive outdoor maintenance.

Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the lot is smaller than the city and even area averages, it is actually above average for Forrester Avenue itself. This translates to less yard maintenance but also limited private outdoor space. It reflects a modern, efficient land use model.

2. What does the assessed value indicate?
The assessed value of $36,200 is elite for the street but average for the wider area and city. This can signal that the property is a higher-quality asset on its specific block, but it's valued consistently with the broader market for tax purposes. It is not a direct indicator of current market selling price.

3. Are there any known sold prices for this home?
Public data indicates the home sold in the CA$250k–$300k range in 2020. For the exact historical sold price, you can request the information via email from the listing service.

4. What are the benefits of a 2020 build?
A home built in 2020 will typically feature contemporary building codes, energy efficiency standards, and modern materials. Buyers can anticipate newer major systems (like HVAC, wiring, and plumbing), which can reduce the risk and cost of near-term major replacements.

5. How does this home compare to others nearby?
The home is newer than almost all comparable properties in Meadowood, where the average home was built in 1978. Its living space is also larger than most in the area. However, lots in Meadowood are generally larger, so this property offers a different balance of modern interior space versus land.