Property Overview: 68 Forrester Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 2020-built home in Meadowood offers a modern, low-maintenance lifestyle in a neighbourhood of older properties. Its primary appeal lies in its new construction, providing contemporary systems, finishes, and energy efficiency without the need for immediate updates. With 1,393 sqft of living space, it is notably spacious for its immediate area, ranking in the top 2% on its street. This combination of new and spacious is rare for the locale.
The property suits first-time buyers or downsizers seeking a modern, turn-key home without a large yard to maintain. The compact, efficient lot (1,521 sqft) means minimal exterior upkeep. A thoughtful perspective is its value positioning: while its assessed value is above average for its street, it sits below the area average for Meadowood, potentially offering a value proposition for a newer build. Buyers should note this is a home for living in, not on; the trade-off for a new interior and modern conveniences is a significantly smaller lot size compared to most city and even neighbourhood properties.
Frequently Asked Questions
1. How does the lot size impact daily living?
The lot is compact, which translates to very little yard maintenance. This is a benefit for those seeking a lock-and-leave lifestyle or who dislike yard work. However, it limits private outdoor space for gardening, play, or large gatherings.
2. Why is the assessed value below the Meadowood average?
While newer and spacious for its street, assessed values consider multiple factors. The below-average lot size for the area is a likely contributor, as is the specific market context of newer infill homes among older properties.
3. What does the "Elite" ranking for Year Built mean?
It confirms this is one of the newest homes not just on the street, but in the entire Meadowood area and citywide. You are getting a home with recent construction standards, materials, and warranties.
4. Is the sold price history available?
The home sold once in 2020. For privacy reasons, exact sold prices are not published publicly. The listing service offers to provide the precise historical sold price via email upon request.
5. Who are the most likely neighbours?
Given the home's age and the area's development timeline, immediate neighbours are likely in older homes, potentially long-time residents. The property represents the newer phase of the neighbourhood's life cycle.