Property Summary: 92 Forrester Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home is defined by its modern build year (2020) and generous interior space relative to its local context. At 1,393 sqft, the living area is notably larger than most homes in the Meadowood area and on its own street, ranking in the top 2-13% for size in those comparisons. This combination of new construction and spacious floor plan is its primary appeal, offering move-in readiness with contemporary building standards and room to live.

The property’s assessed value is modest compared to the Winnipeg city-wide average, yet it is consistent with values on Forrester Avenue. This suggests a value proposition: you are acquiring a newer, above-average-sized home in a neighborhood where property taxes are likely based on a lower assessment than newer suburban areas. The trade-off is a smaller lot size (1,521 sqft), which is significantly below the norm for both Meadowood and the city overall. This makes it ideal for buyers who prioritize low-maintenance outdoor space and a modern, spacious interior over a large yard. It would suit first-time buyers, small families, or downsizers seeking a newer home without a sprawling garden to manage. A thoughtful perspective is that this property represents a very specific, modern housing type—compact lot, sizable home—within an established neighborhood, appealing to those seeking efficiency and modern comforts in a mature community setting.

Section 2: Frequently Asked Questions

1. Is this a brand-new home?
No. It was built in 2020, so it is approximately 6 years old. It offers the benefits of modern construction, wiring, and appliances without the premium or uncertainties often associated with a brand-new build.

2. Why is the assessed value so much lower than the city-wide average?
Property assessments are based on a mass appraisal system and reflect typical values in a specific area and for similar properties. This home’s assessment is in line with others on Forrester Avenue and in its immediate vicinity, which generally have lower market values than the average across all of Winnipeg’s diverse neighborhoods.

3. The lot seems small. What does that mean for me?
The lot is significantly smaller than the typical Winnipeg property. This means minimal yard maintenance, which can be a major advantage for those seeking a lock-and-leave lifestyle or who simply don’t want to spend weekends on yard work. The trade-off is limited private outdoor space for gardening or recreation.

4. How can I find out what it actually sold for in 2020?
The exact sold price is not publicly displayed in the listing data. You can request this information directly by using the "Get exact sold price history" email request feature provided on the property page.

5. How does the living area compare to nearby homes?
This home is quite spacious for its area. Its living area is in the top 13% for the Meadowood neighborhood and the top 2% on its own street, meaning it offers more interior space than the vast majority of its immediate comparable properties.