514 Forbes Road

St. Vital Perimeter South, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,645 sqft (top 20%) · Built in 1988 (2 yrs newer than avg)

Located in a high-income area with median household income of ~144k

Transit 0.0

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 78%French · 10%

Past 10 years St. Vital Perimeter South sales snapshot (~80% of all data)

Sold Count

147

Median price

741k

$/sqft

$427/sqft

Avg build year

1986

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Property score

89.2 is composed by the two sections below.

Property Score

90.3Excellent
Living Area98
2,645 sqftExcellent
Year Built78
1988Good
Lot Size100
217,735 sqftExcellent
Neighbourhood Sales Activity18
Low

Community Score

87.5Excellent
Household Income93
Excellent
Education Level72
Good
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

St. Vital Perimeter South

How to read: Share of sales in each ~$50k price band for “st. vital perimeter south” (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: #46110937

Community deep dive

$144K

Median household income

$164K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

11%

Single-person households

42%

Families with children

Population, labour & age

Population (2021)628
Labour force participation rate69%
Median age42.8
Avg household size3.0
Unemployment rate4%
Population density35 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households11%
Couple families with children42%
Median household income (2020)$144K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$600K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority6%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

Elite
2,645 sqft
0255075100
Same streetTop 14%Same areaTop 20%CitywideTop 2%
Same street · Forbes Road
#15 / 107
Top 14% · Avg 1,980 sqft
Same area · St. Vital Perimeter South
#121 / 619
Top 20% · Avg 2,098 sqft
Citywide · Winnipeg
#4,027 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
836k
0255075100
Same streetTop 22%Same areaTop 24%CitywideTop 2%
Same street · Forbes Road
#24 / 107
Top 22% · Avg 718.7k
Same area · St. Vital Perimeter South
#146 / 619
Top 24% · Avg 739.7k
Citywide · Winnipeg
#3,769 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetTop 47%Same areaTop 50%CitywideTop 24%

Lot Size

Elite
217,735 sqft
0255075100
Same streetTop 40%Same areaTop 26%CitywideTop 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

Search radius
No data within 500 m.

Crime & Safety

St. Vital Perimeter South · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Sales History

514 Forbes Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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