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18-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2016 10 years ago
Top 29%20/68
Top 47%43/91
Top 13%3554/26841

18-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, above averageTop 29%, rank 20 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, around averageTop 47%, rank 43 of 91, and comparable homes in that group average about 2016. citywide, above averageTop 13%, rank 3554 of 26841, and comparable homes in that group average about 1990.

Living Area
1,408 sqft
Top 68%46/68
Top 76%69/91
Top 13%3438/26841

18-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, around averageTop 68%, rank 46 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 76%, rank 69 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 13%, rank 3438 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
58.20k
Top 29%20/68
Top 22%20/91
Top 2%408/26841

18-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, above averageTop 29%, rank 20 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, above averageTop 22%, rank 20 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 408 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 8/2024610k
MetricSame streetSame areaCity-wide
Sale price
610k
Top 18%12/68

Above average

same street Top 18%

Top 13%12/91

Above average

neighbourhood Top 13%

Top 1%334/26841

Well above average — among the best in this group

Winnipeg Top 1%

Sold 10/202045.20k
MetricSame streetSame areaCity-wide
Sale price
45.20k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 5%1351/26841

Well above average — among the best in this group

Winnipeg Top 5%

Highlights & common questions: 18-70 Oak Forest Crescent, Winnipeg

Property Overview: 18-70 Oak Forest Crescent, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, modern property built in 2016, offering a renovated basement and a practical 1,408 sqft of living space. Its primary appeal lies in its strong position within a desirable neighbourhood. The data shows it ranks in the top 1% of properties in its immediate area for lot size, indicating a premium location within Assiniboia Downs. It’s a newer home in a mature neighbourhood, offering modern systems and finishes without sacrificing established community character.

The home suits practical buyers looking for a move-in ready, low-maintenance property with room to grow, thanks to the finished basement. It’s particularly well-suited for first-time buyers or young families who value being in a top-tier local street and neighbourhood, as evidenced by its high area rankings, but may not require a large garage or extensive yard work. A thoughtful perspective is its appeal to value-focused investors or buyers who recognize that a high neighbourhood rank can be a more stable long-term asset than a slightly larger house in a less desirable pocket of the same district.


Frequently Asked Questions

1. What does the "top 1% in neighbourhood" ranking actually mean?
This statistic specifically refers to the property's land area relative to other lots in Assiniboia Downs. It means this home sits on one of the largest parcels in the area, which often translates to more privacy, better spacing from neighbours, and potential outdoor space.

2. The assessed value seems low compared to the recent sale price. Why?
Municipal assessed value (currently $58.20k) is for tax purposes and is typically a lagging indicator, often based on older market data. The sale in August 2024 for $610k is a far more accurate reflection of the home's current market value.

3. Is the lack of a garage a significant drawback?
This depends on buyer priorities. The absence of a garage keeps the purchase price and property taxes lower than comparable homes with one. For some, this is a worthwhile trade-off for the location, and the renovated basement can offer ample storage space.

4. The home sold recently in 2024 and 2020. Is that a concern?
Not necessarily. The 2020-2024 ownership period aligns with typical life changes (like a growing family or job relocation). More importantly, the significant increase in value from $452k to $610k over that period demonstrates strong market appreciation and suggests the owners maintained the property well.

5. What are the nearby properties listed (e.g., 6-70, 4-70 Oak Forest Crescent)?
This indicates the address is likely part of a small, well-kept subdivision or cul-de-sac within Oak Forest Crescent. These are simply the direct neighbours, showing a cluster of similar-aged homes, which can contribute to neighbourhood consistency and curb appeal.

Nearby & similar assessment