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15-381 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2009 17 years ago
Top 93%63/68
Top 95%86/91
Top 30%8062/26841

15-381 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, below averageTop 93%, rank 63 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, below averageTop 95%, rank 86 of 91, and comparable homes in that group average about 2016. citywide, above averageTop 30%, rank 8062 of 26841, and comparable homes in that group average about 1990.

Living Area
1,545 sqft
Top 35%24/68
Top 43%39/91
Top 7%2002/26841

15-381 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, around averageTop 35%, rank 24 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, around averageTop 43%, rank 39 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 7%, rank 2002 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
55.10k
Top 51%35/68
Top 43%39/91
Top 2%522/26841

15-381 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, around averageTop 51%, rank 35 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 43%, rank 39 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 522 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/202468.70k
MetricSame streetSame areaCity-wide
Sale price
68.70k
Top 13%9/68

Above average

same street Top 13%

Top 10%9/91

Above average

neighbourhood Top 10%

Top 1%202/26841

Well above average — among the best in this group

Winnipeg Top 1%

Highlights & common questions: 15-381 Oak Forest Crescent, Winnipeg

Property Overview

This home at 15-381 Oak Forest Crescent in Assiniboia Downs presents a compelling blend of modern comfort and established value. Built in 2009, it offers a renovated basement and a practical 1,545 sqft layout. Its appeal lies in its strong position within a desirable neighbourhood, ranking in the top 1% for its immediate area. The recent sale price of $68.70k significantly surpasses its assessed value, suggesting a competitive market recognized its worth. This property would suit first-time buyers seeking a move-in-ready home with modern updates, or investors attracted by its high neighbourhood ranking and recent sale momentum. It’s a solid choice for those prioritizing a home in a top-tier local area over a brand-new build or extensive outdoor space.

Key Details & FAQs

Key Characteristics & Appeal:

  • Modern & Updated: A 2009 build with a renovated basement offers contemporary living without the concerns of an older home.
  • Prime Location within the Neighbourhood: The property ranks in the top 1% for its specific neighbourhood, indicating a highly regarded street or micro-area that holds its value well.
  • Strong Market Validation: The July 2024 sale at $68.70k, well above the $55.10k assessed value, shows strong buyer demand and confidence in the property's market price.
  • Buyer Profile: Ideal for pragmatic buyers who value a modern, low-maintenance home in a proven location. It's particularly suited for those who see the value in a home's standing within its immediate community, not just the city at large.

Frequently Asked Questions:

1. Why is the sale price so much higher than the assessed value?
Municipal assessed values are for taxation purposes and often lag behind the current market. The higher sale price reflects what buyers were recently willing to pay in a competitive market, confirming the home's perceived value exceeds its tax assessment.

2. What does the "Top 1% in neighbourhood" rank mean?
This statistic means this specific property ranks higher than 99% of other homes in the Assiniboia Downs neighbourhood based on the platform's metrics (likely combining factors like lot size, value, and recent sales). It highlights an exceptional position within a desirable area.

3. Is there a garage or parking?
The listing specifies "Garage: None." Prospective buyers should inquire about dedicated driveway parking, visitor parking, or any municipal street parking permits that may be required.

4. The living area is ranked in the middle of the pack. Is that a concern?
At 1,545 sqft, the home is above average for Winnipeg overall but average for its immediate street. This suggests it offers ample space for many households, and its premium comes from its condition, updates, and superior location within the neighbourhood rather than sheer size.

5. With several similar units on the same crescent, is this a condo or townhouse complex?
The listing format and multiple units at "381 Oak Forest Crescent" suggest a condo, townhouse, or duplex development. It is crucial to confirm the exact property type (freehold vs. condominium), monthly condo fees (if any), and what those fees cover.

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