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      Honestdoor Price

      This property is not for saleNot for sale

      $361,400

      October

      Estimated Market Value

      Mortgage Options

      Honestdoor Price · 13 months

      -6.71%1 mo
      -5.27%12 mo

      3

      beds

      2

      baths

      1,393

      sqft

      2020

      built

      40 Forrester Avenue, Meadowood, Winnipeg, MB, R2M3G3

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      Property details

      Property type
      Residential
      Bedrooms
      3Estimate
      Bathrooms
      2Estimate
      Year built
      2020
      Floor space
      129 sqm (1,393 sqft)
      Lot size
      329 sqm (3,541 sqft)Estimate
      Zoning
      RMFS - RES - MULTI-FAMILY

      Honestdoor Price

      $361,400

      (Oct)

      Estimated returns over time

      1 Month

      -6.71%

      3 Month

      -4.21%

      6 Month

      -11.77%

      12 Month

      -5.27%

      Compare with

      Honestdoor Price

      Meadowood avg (2025)

      Honestdoor Price by month for 40 FORRESTER AVENUE
      YearHonestdoor PriceMeadowood avg (2025)
      Oct 25$381,500$375,356
      Nov 25$411,000$375,356
      Dec 25$417,900$375,356
      Jan 26$389,000$375,356
      Feb 26$365,400$375,356
      Mar 26$372,400$375,356
      Apr 26$409,600$375,356
      May 26$423,200$375,356
      Jun 26$391,500$375,356
      Jul 26$377,300$375,356
      Aug 26$396,100$375,356
      Sep 26$387,400$375,356
      Oct 26$361,400$375,356

      City Assessment

      $353,000

      (2025)

      Estimated returns over time

      1 Year

      +10.66%

      3 Year

      +10.66%

      Compare with

      City assessment

      Meadowood average

      City assessment by year for 40 FORRESTER AVENUE
      YearCity assessmentMeadowood average
      2021$105,000$305,030
      2022$319,000$339,805
      2023$319,000$339,353
      2024$319,000$339,353
      2025$353,000$375,356

      How this home compares

      Against Meadowood and Winnipeg.

      Est. gross rental yield

      6.3%

      Annual rent ÷ Honestdoor Price

      Value vs average

      -4%

      below the Meadowood average

      • This home (Honestdoor Price)

        $361,400

      • Meadowood average

        $375,356

      • Winnipeg average

        $385,911

      Neighbourhood and city figures are 2025 average assessed values.

      Price per square foot

      -39%

      below the Meadowood average

      • This home (estimated)

        $259 / sqft

      • Meadowood sold average

        $422 / sqft

      This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.

      Monthly rent

      -12%

      below the Meadowood average

      • This home (estimated)

        $1,910/mo

      • Meadowood average

        $2,161/mo

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      Estimated rental information

      Airbnb nightly rate

      $95/day

      Monthly rental rate

      $1,910/month

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      Meadowood market

      Explore Meadowood data

      Meadowood sales in 2026

      59

      +3.5%57 in 2025

      Avg. house price

      $375,356

      +10.6%$339,353 in 2024

      Avg. condo price

      $224,956

      -5.6%$238,416 in 2022

      Meadowood growth this year

      +10.68%

      +3.02% in 2024

      Average value vs Winnipeg

      Average assessed value for this property type

      Meadowood

      Winnipeg average

      Average assessed value by year in Meadowood compared with Winnipeg
      YearMeadowoodWinnipeg average
      2020$310,386$312,892
      2021$305,030$317,090
      2022$339,805$350,921
      2023$339,353$349,347
      2024$339,353$349,148
      2025$375,356$385,911

      Sales per year

      Recorded sales in Meadowood · 2026 is year to date

      Recorded sales per year in Meadowood
      Meadowood
      201477 sales
      201553 sales
      201667 sales
      201760 sales
      20186 sales
      202048 sales
      202144 sales
      202266 sales
      202344 sales
      202457 sales
      202557 sales
      2026 YTD59 sales

      Property analysis

      40 FORRESTER AVENUE compared with the average home nearby.

      Floor space

      +25%

      above neighbourhood average

      • This property

        1,393 sqft

      • Meadowood

        1,116 sqft

      • Winnipeg

        1,345 sqft

      Lot size

      -37%

      below neighbourhood average

      • This property

      • Meadowood

      • Winnipeg

      40 Forrester Avenue is a home in Winnipeg, Manitoba. It is estimated to be 1393 sq ft and built in 2020 with 2 baths and 3 bedrooms. The most recent Honestdoor Price for this home is $361,400 and was last estimated on Oct 13, 2026. Assessment growth for this home is +59.05% annually, with a total growth of +$248,000 since 2021. It is estimated that it would make $95 per day on Airbnb and rent out for $1910 per month.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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