127 Oak Forest Crescent

Assiniboia Downs, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Newer than most nearby homes

2,131 sqft (top 45%) · 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

Near average

4% 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)

Sold Count

52

Median price

940k

$/sqft

$470/sqft

Avg build year

2009

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Property score

88.5 is composed by the two sections below.

Property Score

93.7Excellent
Living Area94
2,131 sqftExcellent
Year Built90
2010Excellent
Lot Size98
12,002 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46111093

Community deep dive

$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

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
2,131 sqft
0255075100
Same streetBottom 44%Same areaTop 45%CitywideTop 8%
Same street · Oak Forest Crescent
#15 / 27
Bottom 44% · Avg 2,418 sqft
Same area · Assiniboia Downs
#55 / 121
Top 45% · Avg 2,212 sqft
Citywide · Winnipeg
#15,254 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
847k
0255075100
Same streetBottom 33%Same areaTop 43%CitywideTop 2%
Same street · Oak Forest Crescent
#18 / 27
Bottom 33% · Avg 1.1M
Same area · Assiniboia Downs
#52 / 121
Top 43% · Avg 898.9k
Citywide · Winnipeg
#3,591 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 15%Same areaTop 10%CitywideTop 11%

Lot Size

Elite
12,002 sqft
0255075100
Same streetBottom 22%Same areaBottom 17%CitywideTop 4%

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

127 Oak Forest Crescent — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

Crime & Safety

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%

Sales History

Sold 12/2023CA$850k–900k
Sold price

Same street

Top 45%

Same area

Top 31%

City-wide

Top 1%

Related homes

Highlights & common questions: 127 Oak Forest Crescent, Winnipeg

Property Overview

127 Oak Forest Crescent is a well-maintained, one-storey home in Winnipeg's Assiniboia Downs neighbourhood. Built in 2010, it sits on an exceptionally large, 12,002 sqft lot, which ranks in the top 4% of all properties in Winnipeg for size. The home features 2,131 sqft of living space, an attached garage, and a renovated basement. It last sold in December 2023 for $870,000, significantly above its assessed value, indicating strong market appeal.

Key Characteristics & Appeal

This property’s primary appeal lies in its rare combination of a modern, move-in-ready home and a vast, private yard—a find in the city. The renovated basement adds flexible living space, perfect for a growing family, a home office, or a recreation room. Its key characteristics include a top-tier lot size, above-average living space for a one-storey home, and recent updates.

It would ideally suit buyers who prioritize outdoor space for children, gardening, or entertaining over a multi-level floor plan. It’s also a strong match for those seeking a modern home without the wait of new construction, and for buyers who value the stability of a neighbourhood where recent sales have demonstrated solid property value growth. A less obvious perspective is its appeal to multi-generational families or those planning for aging in place, as the single-storey layout offers main-floor living convenience, with the basement providing separate space for family or guests.


Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for $870,000 in December 2023, which is substantially higher than its municipal assessed value of $84,700. This is not uncommon, as assessed values for taxation purposes often lag behind current market values, especially for updated homes on desirable lots.

2. What does the lot size ranking mean?
The property’s lot is in the top 4% in Winnipeg for size. This means it is larger than 96% of residential lots in the city, offering exceptional outdoor space and privacy relative to most urban properties.

3. Is the neighbourhood established or developing?
Assiniboia Downs is an established neighbourhood. The home was built in 2010, placing it among the newer homes on its street and in the area, but the community itself is mature with settled amenities and landscaping.

4. What is the significance of the "Top %" rankings provided?
These rankings compare this specific property against others on its street, in the neighbourhood, and across Winnipeg for metrics like lot size, living area, and assessed value. For example, its living area is larger than 93% of Winnipeg homes, confirming it as a spacious property.

5. Are comparable properties listed by assessed value or market value?
The listed "Similar assessed value" properties are matched solely on their municipal assessed value ($84.70k). They are in various neighbourhoods and may differ significantly in style, condition, and actual market value. They are useful for tax assessment context but not necessarily as direct market comparables.