84 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.

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)

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 Area1,393 sqft71Good
Year Built202097Excellent
Lot Size1,521 sqft10Low
Neighbourhood Sales Activity74Good

Community Score

66.1Good
Household Income72Good
Education Level72Good
Housing Stress42Low
Core Housing Need63Fair
Employment Health52Fair

Neighbourhood Sales

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.

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.

Rankings

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

Tax-Assessed Value

around average
332k
0255075100
Same streetBottom 17%Same areaBottom 22%CitywideBottom 40%
Same street · Forrester Avenue
#35 / 42
Bottom 17% · Avg 339k
Same area · Meadowood
#1,309 / 1,668
Bottom 22% · Avg 375.6k
Citywide · Winnipeg
#117,222 / 194,458
Bottom 40% · Avg 390.1k

Year Built

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

Lot Size

above average
1,521 sqft
0255075100
Same streetTop 26%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

84 Forrester Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 279 m), 1 education (nearest 366 m), 5 parks (nearest 157 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%

Sales History

Sold 6/2020CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 18%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 84 Forrester Avenue, Winnipeg

Property Overview: 84 Forrester Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of modern convenience and practical value. Built in 2020, it is a notably newer construction compared to most homes in its neighbourhood and across Winnipeg, offering the benefits of contemporary building standards, energy efficiency, and minimal immediate maintenance. With 1,393 square feet of living space, it provides ample room for a small family or couple, ranking well above average for the Meadowood area.

The appeal lies in this balance: you acquire a modern, spacious interior without a premium assessed value, which sits below average for the local area. This disconnect suggests potential value, whether for long-term living or as a strategic investment. The lot size is compact (1,521 sq ft), typical for newer infill developments, which means lower yard upkeep but less private outdoor space. This profile suits first-time homebuyers, downsizers seeking a modern, low-maintenance lifestyle, or investors looking for a relatively new property in a stable neighbourhood. It’s a practical choice for those prioritizing a turn-key, modern home interior over a large garden or estate-sized lot.

Frequently Asked Questions

1. Why is the assessed value below the neighbourhood average?
This is likely due to the property's compact lot size, which is significantly smaller than the typical lot in Meadowood. Assessed values factor in land size, so while the modern house itself is valuable, the smaller parcel brings the total assessment down.

2. What are the implications of such a new home in an older neighbourhood?
You benefit from modern construction, but the home's design and lot size may differ from older houses on the street. It’s wise to consider how the property fits the community's character and to review any restrictive covenants or infill guidelines that applied during its construction.

3. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly listed in detail. You can request it directly via the provided email service on the listing page. They provide this data manually and typically reply by the end of the same day.

4. How does the compact lot affect living here?
It translates to very low yard maintenance, which is a plus for busy owners or those not interested in gardening. The trade-off is limited private outdoor space for activities, gardening, or expansions like a large deck or addition.

5. Is this home a good comparative value?
The data suggests it is. You get a home with top-tier rankings for living area and age locally, but it's assessed in a lower tier. This can indicate a market opportunity, though it's essential to verify this through a current market appraisal and home inspection to understand its condition fully.

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