Property score
84.5
Excellent
Overall 84.5 · Smaller but newer than most nearby homes
1,657 sqft (bottom 7%) · Built in 2010 (1 yr newer than avg)
Located in a high-income area with median household income of ~109k
Transit 40.0 · 16-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Assiniboia Downs sales snapshot (~80% of all data)
52
940k
$470/sqft
2009
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84.5 is composed by the two sections below.
Property Score
Community Score
Assiniboia Downs
How to read: Share of sales in each ~$50k price band for “assiniboia downs” (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: #46111093
$109K
Median household income
$147K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
23%
Single-person households
28%
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
121 Oak Forest Crescent — 1 amenities found within 500 m, across 1 categories.
Assiniboia Downs · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 31% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 13% | Top 5% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Summary: 121 Oak Forest Crescent
Key Characteristics & Appeal
This well-situated family home in Assiniboia Downs offers a compelling blend of space, modernity, and established value. Its most defining feature is the generous 11,306 sqft lot, which places it in the top 5% of the neighbourhood for land area. This provides exceptional outdoor space for gardening, recreation, and future expansion. The home itself is a renovated, one-storey bungalow built in 2010, offering modern systems and a manageable layout with 1,657 sqft of living space. The appeal lies in this balance: a newer, low-maintenance home on a much larger-than-average lot—a combination that is increasingly rare in newer subdivisions.
The property’s strong and consistent market performance is a key characteristic. It has sold twice in recent years, each time at a price that places it in the top 3-5% of all Winnipeg properties, indicating sustained high demand for this specific offering. It suits buyers looking for a move-in-ready home with room to breathe, particularly families or downsizers who value single-level living but don’t want to compromise on yard size. The renovated basement adds valuable flexible space. A thoughtful perspective is that this home appeals not just for what it is, but for what it represents: a secure, long-term holding in a mature area with metrics that consistently outperform wider city averages.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
Being in the top 5% of the neighbourhood for lot size means this property has significantly more land than most homes in the immediate area. This offers more privacy, potential for additions like a deck or shed, and simply more usable outdoor space.
2. The home is newer (2010), but is the neighbourhood established?
Yes. While the home is modern, Assiniboia Downs is a well-established community. This means mature trees, settled infrastructure, and known community amenities, combined with the benefits of a newer build.
3. How significant is the recent sale history?
The home sold in April 2023 for $74.80k. The fact that this price ranks in the top 3% city-wide suggests the property holds a unique, premium position in the market that buyers have been consistently willing to pay for, even through different market cycles.
4. Is a one-storey layout efficient for a family?
A bungalow layout offers excellent accessibility and clear sightlines, which many families appreciate. The renovated basement effectively doubles the usable space, providing room for recreation, guests, or a home office, making the overall footprint very functional.
5. The assessed value seems low compared to recent sale prices. Why?
Municipal assessed value for taxation purposes often lags behind current market value, which is determined by recent sales. The consistent sale prices well above the assessed value indicate strong market demand that the formal assessment hasn’t yet captured.
