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)
624
392.3k
$432/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
88 Forrester Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 282 m), 1 education (nearest 363 m), 5 parks (nearest 152 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
Property Overview
This home at 88 Forrester Avenue in Winnipeg's Meadowood neighbourhood presents a specific and modern profile. Built in 2020, it is a notably newer construction compared to most homes in the area and city-wide. Its key appeal lies in its modern build, which likely means fewer immediate maintenance concerns and contemporary finishes, paired with an efficient use of space. The living area is spacious for the immediate street and neighbourhood, offering above-average square footage for Meadowood.
However, the property has a distinct characteristic: the land area is significantly smaller than typical lots in the broader area and city. This positions the home as a low-maintenance property, ideal for those who prefer a newer home without the demands of a large yard. It would suit first-time homebuyers, downsizers, or investors seeking a modern, turn-key property with a manageable outdoor space. The assessed value is modest relative to city averages, which could indicate a different value proposition focused on the building itself rather than the land.
Frequently Asked Questions
1. How does the small lot size impact daily living?
The compact lot means minimal yard maintenance, which is a benefit for those seeking a lock-and-leave lifestyle or who prefer to spend little time on landscaping. The trade-off is limited private outdoor space for gardening or recreation.
2. Why is the assessed value relatively low compared to city averages?
Municipal assessments often heavily factor in land value and size. This home’s modest lot size, especially when compared to the city-wide average lot, results in a lower assessed value despite the home being newer and well-sized.
3. What are the likely advantages of a 2020 build?
A home of this age should have modern building codes, energy efficiency standards, and warranties potentially still in effect for major components. It likely requires little to no urgent renovations, offering move-in readiness.
4. Who might this property not suit?
It may not be ideal for buyers who prioritize a large, private yard, space for future additions, or who place traditional value on land size as a primary investment metric.
5. The data shows it's "elite" for year built but "below average" for land area. How should I weigh that?
This highlights the property's clear orientation. It is a premium offering in terms of modern construction and building quality, but it is not a traditional land-play. Your preference should depend on whether you value a new, low-maintenance home over the potential for land appreciation or expansion.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
